About the Tony Elumelu Foundation The Tony Elumelu Foundation (TEF) was established in 2010 by Mr Tony O. Elumelu, CFR, leading African investor, philanthropist, Africapitalist and former Chief Executive Officer of the United Bank for Africa which he now chairs. It has become the leading philanthropic organisation dedicated to empowering entrepreneurs and enhancing entrepreneurship in …
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Author Archives: Stephen Kastona
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EMBRACING THE SPIRIT OF AFRICAPITALISM: CATALYSING AFRICAN SOLUTIONS DEVELOPED FOR AFRICAN BY AFRICANS – A CASE STUDY OF THE TONY ELUMELU FOUNDATION BY WINGS
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Inclusive Entrepreneurship: Creating Opportunities for People Thriving with Disabilities in Africa
In recent years, the concept of inclusive entrepreneurship has gained worldwide momentum. In real time, we are collectively witnessing the catalytic impact of democratising economic opportunities in an inclusive manner to global citizens. At the forefront of this movement in Africa is the Tony Elumelu Foundation (TEF). Having recognised that diversity and inclusivity are the …
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Sustainable Development: Balancing Profitability and Environmental Sustainability in Africa
In recent years, the concept of sustainable development has gained significant traction across the globe, with a growing recognition that economic growth and environmental stewardship must go hand in hand. Africa, a continent rich in natural resources and brimming with untapped potential, faces a unique opportunity to chart a sustainable development path that balances profitability …
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From Aid to Enterprise: Rethinking Development Strategies in Africa
Africa, with its immense potential and untapped resources, has long been a focal point of international development efforts. Traditionally, aid has been the primary approach to addressing the continent’s socio-economic challenges. However, in recent years, there has been a growing recognition that aid alone cannot sustainably transform Africa’s fortunes. The Tony Elumelu Foundation advocates for …
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Transcription of Business Daily Meets: Tony Elumelu by BBC
I believe that no one but us will develop Africa. I believe that the private sector has a role to play in the development of our continent. I believe that government is critical but more importantly, private sector should lead in the area of development. It is that intersection of government, public sector coming together …
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Interview BBC World transcrite du président
Présentateur de l’actualité : En parlant de relations d’affaires, Une grande question, l’Afrique doit-elle repenser sa relation avec les entreprises ? C’est le point de vue de l’un des plus grands économistes et philanthropes du continent, Tony Elumelu. Il promeut ce qu’il appelle l’africapitalisme – l’idée que le secteur privé peut transformer l’économie et la …
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Our Founder, Mr. Tony O. Elumelu’s Transcribed BBC World TV Interview.
News Presenter: Speaking of business relationships, A big question, does Africa need to rethink its relationship with business? That’s the view of one of the continent’s leading economists and philanthropists, Tony Elumelu. He is promoting what he calls Africapitalism – the idea that the private sector can transform Africa’s economy and society for the better. …
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Unleashing the potential of digital transformation and the role of TEF in empowering African businesses
In today’s rapidly evolving digital landscape, the transformative power of technology has become undeniable. Across the globe, businesses are leveraging digital tools and innovation to enhance productivity, increase efficiency, and unlock new opportunities. In Africa, the potential of digital transformation is immense, offering the continent a pathway to leapfrog traditional development barriers and accelerate economic …
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Cultivating a Culture of Entrepreneurship: Fostering an Enabling Environment in Africa
Entrepreneurship has emerged as a powerful force driving economic growth, jobs creation, and social transformation in Africa. To effectively unleash our continent’s full potential, it is crucial to cultivate a culture of entrepreneurship, and create an enabling environment that can foster successful small and medium sized businesses. The Tony Elumelu Foundation recognizes the importance of …
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The Role of the Tony Elumelu Foundation in Promoting Sustainable Business Practices for African Entrepreneurs
Africa has witnessed an increase in entrepreneurial activities in recent years, as more Africans are starting their own businesses to contribute to the continent’s economic growth. However, entrepreneurship is not just about starting a business, but also about running a sustainable business that can survive in the long term. The importance of sustainable business practices …
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