Tags: tony elumelu

2022 Entrepreneurship Programme: Tony Elumelu Foundation Calls on All African Entrepreneurs to Apply Now For $5000 Grant

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs across all 54 African countries, has opened applications for the 2022 TEF Entrepreneurship Programme on www.TEFConnect.com. African entrepreneurs with business ideas or existing businesses under 5 years are encouraged to apply now for $5000 seed capital, mentorship, business management training and more on…

Tony Elumelu Foundation to Announce 2021 Entrepreneurship Beneficiaries on November 12

  The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12, 2021. The ground-breaking hybrid event will unveil 4,800 African entrepreneurs chosen from all 54 African countries…

Tony Elumelu Foundation Trains Over 200,000 African Entrepreneurs Across 54 African Countries

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme. The Business Management training was conducted exclusively on TEFConnect, the Foundation’s proprietary digital platform that provides capacity-building support, advisory…

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…