News Archives - The Tony Elumelu Foundation

May 23,2022

Our Founder’s Address At The 25th Milken Institute Global Conference

I am a banker and I created a bank – United Bank for Africa Plc. A bank that is now in 20 African countries, serving over 35 million people across the continent – but also operating in London, Paris, Dubai, and the only African bank that can accept deposits in the United States of America. …
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May 2,2022

TOE’s Session at the United States Institute of Peace

Opening Remark I have been emphatic in my position that the economic transformation of Africa lies in the hands of our young entrepreneurs who have great ideas, energy and audacity of what and how they can contribute to the transformation of the Continent. Unfortunately, in terms of job creation and opportunities for our youth, Africa …
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March 7,2022

WE4A: Meet Some Of The TEF Alumnae Who Will Receive 2nd Stage Funding of Up to €50,000

Angela Kimani of Ranks Leather Angela Kimani is a 2019 Tony Elumelu Foundation Alumni and Founder of Ranks Leather. Ranks Leather is a leather goods manufacturing and social enterprise company, specialized in making leather footwear and accessories. It is popularly known as ‘The World of Leather’ in Kenya, where the business is located. Angela is …
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November 26,2021

Creating The Future: My Keynote Remarks At The 2021 Institute Of Directors (IOD) Annual Conference

On Tuesday, I had the honour of giving the keynote speech at the 2021 IOD Annual Conference, a flagship event attended by captains of industry and directors of both private and public sector institutions. I found the theme ‘Creating the Future: Deepening Corporate Governance Practice Through Multi-Sectoral and Multi-Generational Collaborations’, quite instructive and spoke extensively …
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November 17,2021

#TEF2021: Goodwill Message By Governor of Lagos State, Mr. Babajide Sanwo-Olu

Protocol, I want to appreciate the Founder, The Tony Elumelu Foundation, an iconic personality, Mr. Tony Elumelu, CON. for the passion he has continued to demonstrate towards supporting young people on the African continents to develop their entrepreneurial skills into thriving business enterprises. It is to the credit of this Foundation that since its inception, …
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October 30,2021

Tony Elumelu Celebrated As Top 25 Influential Individuals In Africa’s Energy Sector

The Africa Energy Chamber (AEC) has recognised Tony Elumelu CON, Chairman Heirs Holdings, as one of twenty-five influential individuals expected to shape Africa’s energy sector in 2022 and beyond. The list is a part of AEC’s highly anticipated annual outlook tagged ‘The State of African Energy 2022’, a report which outlines Africa’s energy sector and …
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October 22,2021

The Possibilities Are Endless When Trade Policies, Regulations, And Institutions On The Continent Are Aligned

On Thursday, October 21, 2021, TEF CEO, Ifeyinwa Ugochukwu, joined private sector players at the Youth Connekt Africa Summit in Ghana – co-hosted by the United Nations Development Programme (UNDP) – to discuss the opportunities that a single continental market pose. Similar to the high-level meeting in March 2021, when TEF hosted the Secretary General …
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October 15,2021

Launch of the Women Entrepreneurship for Africa Project

To increase economic inclusion and empowerment of women as well as create more decent jobs in African economies, the GIZ Employment and Skills Development in Africa programme in Uganda, co-implemented by the Tony Elumelu Foundation (TEF), is today, launching the Women Entrepreneurship for Africa (WE4A) project. The beneficiaries of this intervention will be Tony Elumelu …
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October 15,2021

5 Takeout’s From TEF Hosting The UNDP Global Leadership In Lagos

On October 13 2021, our Founder, Tony O. Elumelu hosted Ms. Ahunna Eziakonwa, the Assistant Administrator and Regional Director for United Nations Development Programme (UNDP) and her colleagues at an informal lunch session in Lagos. It was an opportunity to discuss how the TEF and UNDP partnership has continued to empower thousands of young African …
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October 8,2021

50 Nigerian TEF Entrepreneurs To Benefit From TEF-NEPC N400M Partnership

Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has signed a N400M partnership with the Nigerian Export Promotion Council (NEPC), through the Export Expansion Facility Programme (EEFP) to accelerate the performance of 50 TEF Entrepreneurs in Nigeria within the non-oil Export Sector. At the signing ceremony, the …
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