Tag: TONY ELUMELU

Transcorp committed to significantly increasing power generation in Nigeria

Ayo Olowo

…Tony Elumelu states “Transcorp will light up Nigeria”. At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc (“Transcorp”), the Board of Directors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the difficult economic climate, revenue grew by 46% in 2017 (N59.42bn). Transcorp is Nigeria’s leading listed conglomerate, active in the power, […]

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DREAM COME TRUE: Tony Elumelu Foundation announces 1,000 successful 2017 applicants (SEE FULL LIST)

Ayo Olowo

…93,000 APPLICANTS – 55 COUNTRIES AND TERRITORIES …1,000 ENTREPRENEURS SELECTED FOR AFRICA’S LARGEST ENTREPRENEUSHIP PROGRAMME ‎ The Tony Elumelu Foundation (TEF) is proud to announce the selection of 1,000 African entrepreneurs, creating the 3rd cohort of the 10-year, $100 million TEF Entrepreneurship Programme. Over 93,000 entrepreneurs, from 55 countries and territories in Africa, applied – more than twice […]

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Tony Elumelu Foundation Announces 3rd Round of TEF Entrepreneurship Programme, See Application Details

Ayo Olowo

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until midnight (WAT), March 1, 2017. Entrepreneurs must complete the online application and selection is on a rolling basis, so early […]

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Elumelu Shares Africapitalism Philosophy in Tunisia, North Africa

Ayo Olowo

…CALLS ON AFRICAN LEADERS TO CREATE YOUTH BUSINESS CHAMPIONS, NOT MARTYRS This week, fifteen delegations representing the United Nations and several countries, including Germany, Canada, France, Qatar and Algeria took part in the Tunisian government’s International Investment Conference dubbed “Tunisia 2020.” In the last 5 years the Tunisian economy has struggled following a democratic uprising […]

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TEF Entrepreneurship Forum: “We give to empower and break the cycle of dependency, Entrepreneurship is the only path to independence and sustainability” – Elumelu

Ayo Olowo

…President Koroma of Sierra Leone, President Obasanjo of Nigeria, Governor Ikpeazu, Minister Lai Mohammed, Mrs Folorunsho Alakija, Join 1,000 African Entrepreneurs At 2016 Tony Elumelu Foundation Entrepreneurship Forum. …Foundation Announces Partnerships with African Development Bank, ECOWAS, Coca-Cola, Nigerian Ministry of Information. At the largest annual gathering of African entrepreneurs, held in Lagos, Nigeria, the Tony Elumelu Foundation (TEF) hosted almost 1,000 women and men from 54 African countries, for the 2nd TEF Entrepreneurship Forum. […]

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TONY ELUMELU FOUNDATION 2ND ANNUAL ENTREPRENEURSHIP FORUM, THE LARGEST OF ITS KIND IN AFRICA

Ayo Olowo

2ND ANNUAL TEF ENTERPRENEURSHIP FORUM OPENS IN LAGOS, NIGERIA NEARLY 1,000 AFRICAN ENTREPRENEURS FROM 54 COUNTRIES ATTENDING Today, The Tony Elumelu Foundation (TEF) opened the 2nd TEF Entrepreneurship Forum – the largest gathering of African entrepreneurs and the highlight of the annual TEF Entrepreneurship Programme. The Forum celebrates the 2016 cohort of Elumelu Entrepreneurs – selected from over […]

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Tony Elumelu, Bill Gates discuss the role of global philanthropy on business, politics and culture at Le Club de l’Economie hosted by Le Monde in Paris

Ayo Olowo

Speaking at the Le Club de l’Economie in Paris France on Monday, Tony O. Elumelu, Chairman of UBA Plc and Founder of the Tony Elumelu Foundation, made a call to the French business community, global stakeholders and influential Africans in the development world to embrace ‘structured philanthropy’ in support of rising entrepreneurs with great potential, as a means to achieving sustainable development in Africa. […]

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Tony Elumelu Foundation and Ministry of Info and Culture sign MoU to strengthen creative industries

Ayo Olowo

…Foundation to provide structural support to encourage innovation, growth and productivity of Nigeria’s creative industries At the historic National Theatre in Iganmu, Surulere, The Tony Elumelu Foundation (TEF) on Wednesday signed an MOU with the Federal Ministry of Information and Culture for the development of Nigeria’s creative industries. The Honourable Minister Alhaji Lai Mohammed and […]

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