Tony Elumelu Foundation, TEF

Tony Elumelu Foundation to announce selected entrepreneurs for 2019 Programme

LAGOS, NIGERIA, March 18, 2019 – The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, will announce the selected applicants for the 2019 cohort of the Foundation’s flagship Entrepreneurship Programme on March 22, 2019. The event, which marks the 5th round of the Foundation’s Entrepreneurship Programme, will take place at […]

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Uba Uk Launch 1

UBA Group kick start full Banking operations in the U.K.

London, March 1, 2019, three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new UBA franchise, UBA UK was formally birthed in the United Kingdom amidst high expectations. At […]

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Transcorp Hotels Plc

Transcorp post profit after tax of ₦20.6 bln

Lagos, Nigeria – February 15, 2019 – Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth in Profit After Tax (PAT) of ₦20.6 billion in 2018 compared to ₦10.6 billion in the prior year. The Group recorded […]

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Tony Elumelu Foundation, TEF

TEF supports Sèmè City – in empowering 50 Beninese entrepreneurs

Lagos, Nigeria 28.01.2019 – Sèmè City, the International Knowledge and Innovation City, has partnered with the Tony Elumelu Foundation (TEF), the leading philanthropic organization empowering African entrepreneurs to train and empower additional 50 Beninese entrepreneurs. Sèmè City will join a growing list of governments, development agencies and private sector organisations partnering with the Tony Elumelu […]

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Uba, Japan Trade Office Collaborate To Promote Msmes In Africa

UBA, Japan Trade Office partners to promote MSMEs in Africa

United Bank for Africa (UBA) Plc has indicated its readiness to support the Japanese government in its drive to promote Small and Medium Scale Enterprises across Africa. The Chairman, UBA Group, Mr. Tony Elumelu, indicated this on Monday, when the members of the Japan External Trade Organisation (JETRO), led by its CEO, Mr. Hiroyuki Ishige, […]

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Tony Elumelu at World Economic Forum in Davos

Entrepreneurship is key for poverty eradication in Africa – Tony Elumelu

The founder of the Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has described entrepreneurship as a vital tool for eradicating poverty in Africa. More importantly, he stressed that entrepreneurship would get youths in the continent busy and keep them out of social vices as well as create employment opportunities in the continent. Elumelu, who is […]

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New Year Message from Tony Elumelu – 5 Years of Spreading Luck – Everyone Needs a Little Help

In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work is paramount – and I have written extensively about the importance of working hard – […]

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Heirs holdings signs $600 mln facility deal with AfreximBank, to scale energy investments

December 11, 2018 – Cairo, Egypt: As a further demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim today, signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings has significant investments […]

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Elumelu charges African Presidents to develop policies to attract private sector investments

Thursday, November 8, 2018; Lagos, Nigeria: Chairman, Heirs Holdings and Founder, Tony Elumelu Foundation; Tony O. Elumelu, CON has called on African Heads of State to develop policies to attract Private Sector Investment. He made this call while speaking to private sector captains, global investment leaders and key players in Africa’s development sector at a […]

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TEFforum2018: “Entrepreneurship is Key to Unlocking Economic Development in Africa”, says Elumelu

Thursday, October 25, 2018: 5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of African entrepreneurs in the world, is a unique opportunity for bringing together young […]

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TEF to launch world’s largest digital platform for African entrepreneurs

Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem –  TEFConnect.  TEFConnect will officially be unveiled at this year’s TEF Forum, taking place on October 25, 2018, at Federal Palace Hotel, Lagos, Nigeria.  Harnessing and building on the success of Africa’s […]

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Applications open for 2018 TEF Entrepreneurship Forum Travel Fellowship for African Journalists

The Tony Elumelu Foundation, Africa’s leading entrepreneurship-focused philanthropy, has announced a call for entries for the 2018 TEF Entrepreneurship Forum Travel Fellowship for African journalists. The Travel Fellowship will provide financial aid to journalists and photojournalists affiliated with African national or global media houses to attend the 2018 Tony Elumelu Foundation Entrepreneurship Forum happening on […]

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