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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From Aid to Enterprise: Rethinking Development Strategies in Africa
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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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Leveraging the Power of Data to Drive African Entrepreneurship
Data has become a critical resource for businesses in today’s digital age. It provides insights that can help companies make informed decisions, identify trends, and drive growth. In Africa, where entrepreneurship is critical for economic development, data is particularly crucial. The Tony Elumelu Foundation recognizes the importance of data for entrepreneurship and has been working …
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OUR FOUNDER’S REMARKS ON ENTREPRENEURSHIP, YOUTH ENGAGEMENT AND WEALTH CREATION AT THE NIGERIAN GOVERNORS FORUM INDUCTION SESSION
at Presidential Banquet Hall State House Abuja – FCT Monday, May 15, 2023 PART 1: Intro and Greeting Entrepreneurship, Youth Engagement, and Wealth Creation’. Part 2 Part 3: How do you create entrepreneurs? Part 4: How do you engage youth? PART 5: Conclusion Tony O. Elumelu, CFR Chairman; Heirs Holdings Group United Bank for …
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INVESTING IN AFRICAN WOMEN ENTREPRENEURS TO DRIVE THE CONTINENT’S ECONOMIC GROWTH
Africa has tremendous potential for economic growth and development, but this potential can only be fully realized if we invest in the economic empowerment of women entrepreneurs. As a continent, we must recognize the critical role that women play in driving economic growth and development. A research conducted by She Leads Africa (SLA) shows that …
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