# Afrinvest repays Tony Elumelu’s undocumented $1 million investment with interest

> Tony Elumelu said Afrinvest repaid a \$1 million investment he made after the 2008 financial crisis without a written agreement or fixed repayment terms.

- **Source date:** 2026-10-18
- **Original source:** [Premium Times](https://www.premiumtimesng.com/business/business-news/918087-afrinvest-repays-undocumented-1-million-from-elumelu-with-interest.html)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/afrinvest-repays-1m-undocumented-investment
- **Markdown:** https://voltformer.com/news/afrinvest-repays-1m-undocumented-investment.md

## Afrinvest repays Tony Elumelu’s undocumented $1 million investment with interest

Tony Elumelu said Afrinvest repaid a \$1 million investment he made after the 2008 financial crisis without a written agreement or fixed repayment terms.

Elumelu described the repayment as an example of trust in business and said Afrinvest has since grown into a financial services group with more than 200 employees. The report said he did not disclose the interest rate or total dollar repayment.

[Premium Times](https://www.premiumtimesng.com/business/business-news/918087-afrinvest-repays-undocumented-1-million-from-elumelu-with-interest.html)

## Other languages

- [en](https://voltformer.com/news/afrinvest-repays-1m-undocumented-investment)
- [tr](https://voltformer.com/tr/news/afrinvest-repays-1m-undocumented-investment)
- [de](https://voltformer.com/de/news/afrinvest-repays-1m-undocumented-investment)
- [ru](https://voltformer.com/ru/news/afrinvest-repays-1m-undocumented-investment)
- [es](https://voltformer.com/es/news/afrinvest-repays-1m-undocumented-investment)
- [ar](https://voltformer.com/ar/news/afrinvest-repays-1m-undocumented-investment)
- [it](https://voltformer.com/it/news/afrinvest-repays-1m-undocumented-investment)
- [pt](https://voltformer.com/pt/news/afrinvest-repays-1m-undocumented-investment)

[Company and energy news](https://voltformer.com/news.md) · [Voltformer catalog](https://voltformer.com/catalog)