Elumelu Advocates Collaborations to Boost Africa’s Fortunes; tips Continent as Key Investment Destination

The Group Chairman, United Bank for Africa (UBA) Plc, Tony O. Elumelu  has said that the Corona virus pandemic has presented a perfect opportunity for foreign investors to invest in Africa, owing to the huge opportunities that are inherent in the African economy. “This is the time to invest. Africa is a land of opportunities; […]

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UBA announce provision of N5 billion (U$14 million) to COVID-19 Relief Support Across Africa

United Bank for Africa Plc (UBA) on Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria and 19 other African countries, by supplying […]

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Africa Needs Massive Capital Investment in Power, Human Resources to Drive Economic Growth – Elumelu

The Chairman, United Bank for Africa(UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent. Elumelu said this while speaking on a panel at the  UK-Africa Investment Summit 2020, in London. […]

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APPLY NOW: TEF opens application portal for the 2020 Tony Elumelu Foundation Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020.  The TEF Entrepreneurship Programme is open to startup […]

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Improve the Business Environment to Drive Industrialisation, Wealth Creation in African, Caribbean and Pacific Countries, Elumelu Tells ACP Presidents in Kenya

Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, urged African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in ACP member states. He said this while presenting the keynote speech […]

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Tony Elumelu To Global Investors in Paris: The Time is Now to Invest in Africa and African SMEs

Tony O. Elumelu, Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA) and Heirs Holdings opened the “Ambition Africa” conference organised by the France Invest Africa Club in Paris, France. As Elumelu delivered the opening address, he urged French investors to look to Africa for long term investment opportunities. The […]

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Transcorp Hotels Fulfils Post-Privatisation Obligations, receives certificate

The National Council on Privatisation (NCP) at its meeting on Monday, presented Transcorp Hotels Plc with a Certificate of Discharge, indicating the company has fulfilled all privatisation conditions attached to the sale of the hotel and will no longer be subject to any post-privatisation monitoring. At a ceremony that took place at the Presidential Villa, the […]

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UNDP Partners with the Tony Elumelu Foundation to Empower 100,000 Young Entrepreneurs in Africa

The United Nations Development Programme (UNDP),the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 years towards the achievement of the Sustainable Development Goals (SDGs) and the […]

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