Tags: tony elumelu

Applications To The Tony Elumelu Foundation Entrepreneurship Programme Closes March 31

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, will close applications for the Tony Elumelu Entrepreneurship Programme on its TEFConnect digital platform (www.tefconnect.com) on March 31. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic…

Transcorp Hotels Launches Aura, an Online Marketplace for Accommodation and Experiences

Africa’s leading hospitality brand, Transcorp Hotels Plc. has announced the launch of Aura, a new digital platform through which people can book accommodation, restaurants, and experiences. The new brand, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.…

Heirs Holdings Expands Oil and Gas Portfolio, Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings…

Tony Elumelu Foundation and European Union Partner to Transform Economic Empowerment of African Women

Tony Elumelu Foundation (TEF), Africa’s leading philanthropy committed to empowering young African entrepreneurs, has announced a partnership with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in financial and technical support for women-owned businesses, across all 54 African countries, in addition…

Belgium Confers Highest National Honour On Tony Elumelu

The Kingdom of Belgium has conferred the honorary distinction of Officer in the Order of Leopold, the country’s oldest and most important National Honour, on Africa’s leading investor and philanthropist, Tony O. Elumelu, CON, in recognition of his commitment to poverty eradication and the economic empowerment of young Africans. The Ambassador of Belgium to Nigeria,…

Tony Elumelu Urges African Leaders To Prioritize Youth, Leapfrog Traditional Development Paths

During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing Africa’s youth by fixing the policy and regulatory issues impeding their innovations would also help attract foreign investors. The Tony Elumelu Foundation Founder spoke alongside World Bank President…

Agriculture, Access to Electricity, Entrepreneurship Will Create Jobs in Africa, Says Elumelu

Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions to help address the deepening job and employment crisis bedevilling the continent by lending support and paying more attention towards the agricultural sector, creating access to electricity and developing entrepreneurship. Elumelu who said this while speaking on the…

Elumelu Shares Africapitalism Philosophy In North Africa

***Calls On African Leaders To Create Youth Business Champions, Not Martyrs 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…