Transcorp committed to increasing power in Nigeria as revenue grow 46%

……Chairman 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 […]

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Transcorp Power commission 115MW gas turbine

Transcorp Power Limited commissioned a 115MW gas turbine to much fanfare. This commissioning is one of three milestones the GENCO intends to achieve in order to increase the power plants total generating capacity to 850MW. This by all standards is truly an impressive feat considering the fact that the plant had a total generating capacity […]

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UPDATED: Check TEF list – 1,000 selected for entrepreneurship training

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 2016 applications and nearly four times 2015. Over the next nine months, the […]

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Elumelu speaks on Africapitalism to youths at Ghana’s leading institution

Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism. In continuation of his strategic vision of engineering a robust economic and business relationship across the continent through Africapitalism as a necessary tool for the socio economic development of Africa, the Group Chairman UBA Plc, and […]

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REDTV extends to Francophone Africa, Premiers Boutique Hotel

REDTV, a dynamic online lifestyle channel that puts the spotlight on Africa with a distinct global appeal,launched its Francophone version on Thursday. The fun-filled event, supported by the United Bank for Africa (Plc), was held at the Azalaï Hotel in Abidjan Cote d’Ivoire. It was witnessed by distinguished players in finance, public and entertainment industries […]

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FG, UBA wants Creative Industry as REDTV’s Our Best Friend’s Wedding Premieres

REDTV, a dynamic online lifestyle channel that puts the spotlight on Africa with a distinct global appeal, in conjunction with The Naked Convos has premiered a new web-series titled, ‘Our Best Friend’s wedding’. REDTV is supported by the United Bank for Africa’s (UBA Plc) The impressive gathering which held this past weekend, attracted a good […]

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Elumelu shares Africapitalism philosophy in North Africa

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 which ushered in weak growth and economic uncertainty. The conference sought […]

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Elumelu Addresses Youth: “Your time for leadership is now”

……..Advocates entrepreneurship as career choice. African business leader and philanthropist, Mr. Tony O. Elumelu stated that the time for leadership amongst Nigerian and African Youth is now. Elumelu, who addressed the students of the Lagos State University, faculty members and officials of the Lagos State government, whilst delivering the institution’s 1st Distinguished Lecture Series in […]

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Video: Tony Elumelu bare his mind on his Africapitalism ideology

Tony Elumelu in an interview with Le Monde Afrique, in France. He bared his mind on his Africapitalism ideology as it concerns Africa’s desired leap to new heights. Tony Elumelu : « L’Afrique n’a pas besoin de charité mais d’investissements » from Le Monde Afrique’s Tweet Tony Elumelu : « L’Afrique n’a pas besoin de charité mais […]

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Entrepreneurship; the only path to independence and sustainability – Elumelu

• 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, […]

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TEF call together largest gathering of entrepreneurs

THE TONY ELUMELU FOUNDATION CONVENES AFRICA’S LARGEST GATHERING OF ENTREPRENEURS * 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 […]

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Elumelu, Gates debates role of global philanthropy on business, others

Philanthropists, Tony O. 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 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 […]

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