Tag Archives: TEF

  • Building Resilient Businesses in Africa: Navigating Challenges and Embracing Opportunities

    Africa is a continent of immense potential and unparalleled opportunities. Its rich resources, diverse cultures, and youthful population present a fertile ground for economic growth and development. However, the road to success for businesses in Africa is often paved with unique challenges, including inadequate infrastructure, political instability, regulatory complexities, and limited access to capital. In …

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  • Our Founder, Mr. Tony O. Elumelu’s interview on Guest Africa with Radio France Internationale (RFI)

    RFI: Explain to us what “Africapitalism” is, this economic philosophy that you defend? Tony Elumelu: I am a business executive in Africa. I am a philanthropist in Africa. I am also an investor in many countries on the continent. And, it is especially in our youth that I invest. Over time, I have developed a …

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  • Harnessing Africa’s Creative Industry: Community, Collaboration and Cultural Exchange

    Africa’s creative industry has emerged as the most powerful driver of economic growth, social transformation, and cultural exchange for the continent. Its rich heritage, diverse traditions, and vibrant artistic expressions have captured the world’s attention, and continues to unlock immense potential for innovation and entrepreneurship. The Tony Elumelu Foundation recognizes and champions the transformative power …

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    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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  • 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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