Buhari congratulates Matriarch of Elumelu family, Suzanne Elumelu, on 90th birthday

President Muhammadu Buhari sends warm greetings to the matriarch of the Elumelu family, Mrs Suzanne Elumelu, on her 90th birthday. President Buhari joins family and friends of the kind-hearted and loving mother of five, including Chairman of Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony Elumelu, in celebrating the milestone, which is an evidence […]

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4th Elumelu Foundation Entrepreneurship Forum Holds 25th Oct.

The Tony Elumelu Foundation (TEF), has announced October 25, 2018,  for its 4th annual Entrepreneurship Forum, for young entrepreneurs across the African continent. The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and developmental organisations at the Federal […]

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Macron embraces African entrepreneurship in a session with over 2000 entrepreneurs

French President Emmanuel Macron offered a bold and new vision of France’s relationship with Africa, speaking to Tony Elumelu Entrepreneurs in Lagos last week. He passionately advocated a new partnership, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the private sector and urging the creation of a business ecosystem that […]

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Tony Elumelu pledges ₦500 mln to Delta State focused entrepreneurship programme

LAGOS, NIGERIA, 5 July 2018 – Today, during a courtesy visit to the Governor of his native Delta State, Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON pledged ₦500 million to create an entrepreneurship programme exclusive to indigenes of the state. He made the commitment after […]

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Entrepreneurship in Africa: Macron signs 1 billion Euros agreement with TEF

The French government has signed a development finance agreement with Tony Elumelu Foundation, TEF, for development finance and entrepreneurship in Africa. The agreement worth one billion Euros was executed yesterday in Lagos at the instance of the French President, Emmanuel Macron, who announced the deal yesterday during a talk show with nearly 2,000 TEF alumni […]

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Transcorp shareholders commend industry leading role on improving access to electricity in Nigeria

Shareholders of Nigeria wholly indigenous conglomerates, Transnational Corporation of Nigeria Plc (Transcorp) have commendeded the Board and management of the company for its impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations were received at the 12th Annual General Meeting of Transcorp, held on April 30th 2018, at […]

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Transcorp’s shareholders commend return to profitability

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have commended the management of the company for their effort and commitment towards bringing the investment conglomerate back to profitability. This is just as they approved ₦813 million dividend recommended by the Board of Directors, translating to 2 kobo per share. The shareholders who spoke during the […]

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UBA holds 2018 chairman’s forum, seeks strengthening of corporate governance across Board

Pan- African financial Institution, United Bank for Africa Plc, last thursday, ended its annual Group Chairman’s Forum, a platform for group integration, re-strategising and knowledge sharing with the overall aim of puting the bank on firm standing to actualize its goals and targets for the financial year. The theme of this year’s forum was focused […]

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Elumelu tasks world leaders on development of African Youths

Philanthropist and Founder of the Tony Elumelu Foundation Mr Tony Elumelu has tasked world leeaders to give priority to the development of African youths by churning out the policies and regulatory issues impeding their innovations towards helping to attract foreign investors. During the annual spring meetings of the International Monetary Fund and the World Bank […]

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Elumelu unveils Digital Economy for Africa Forum with World Bank President, LinkedIn CEO

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C organised by the World Bank Group. The event, which will hold on April 19, 2018, […]

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Tony Elumelu Foundation shortlists 1,000 entrepreneurs for 2018

The Tony Elumelu Foundation, said it has shortlisted 1,000 young African entrepreneurs from more 150,000 Africans from 114 countries worldwide who applied for the fourth edition of the 10-year, $100 million TEF Entrepreneurship Programme. The 2018 cohort includes an additional 250 entrepreneurs to the standard selection of 1,000 – thanks to: a $1,000,000 partnership with […]

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Tony Elumelu at World Economic Forum in Davos

Africa promises good investment opportunity, says Tony Elumelu

The Group Chairman, United Bank for Africa (UBA) and one of Africa’s top businessman, Mr. Tony Elumelu, has stressed the need to change the African narrative while concentrating on the myriad of opportunities inherent in the continent, stating that its economic transformation and stimulation should be the focus of all governments and global institutions. This, […]

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