“We have to give more attention and support to emerging African entrepreneurs, if the continent’s poverty, inequality and unemployment challenges are to be addressed.”
Africa is a place of real business opportunity that the world should be alive to. I know, having built businesses that now operate in 20 African countries and through creating a program over 10 years that is funding and mentoring 10,000 African entrepreneurs.
Though the story line on Africa has progressed – it is no longer about “saving” Africa, but how best to promote investments in Africa – there is still work to be done to tackle inaccurate information about Africa that persists in mainstream media.
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.
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 Program.
Tony Elumelu Foundation and Ministry of Information and Culture sign MOU to develop Nigerian Creative Industries
At the National Theatre in Iganmu, Surulere, The Tony Elumelu Foundation (TEF) today signed an MOU with the Federal Ministry of Information and Culture for the development of Nigeria’s creative industries.
Speakers at activities marking the 23rd Annual General Meeting of Shareholders (AGM) of the African Export-Import Bank (Afreximbank’s) last week in Mahe, Seychelles, said that the visa regime operating across Africa was one of the greatest impediments to the growth of intra-African trade.
Tony O. Elumelu CON joined Nigerian Export Promotion Council (NEPC) CEO Segun Awolowo, the First Lady of Nigeria Mrs. Aisha Buhari, Mrs. Dolapo Osinbajo and Ms. Arancha Gonzalez, Executive Director of the International Trade Centre (ITC) at a forum and exhibition on Nigerian Women in Export which held in Abuja.
The United Bank for Africa (UBA) recently held its inaugural Senior Leadership Forum, reflecting the strategic importance and growth potential of the Group’s pan-African business.
Agriculture is arguably the most strategic sector on the continent because: It delivers 2-3 times the return on investment, in terms of improved economic well-being, as other sectors, represents 32% of Africa’s GDP; and employs 65% of the working population.