In recent years, Africa has emerged as a vibrant hub for entrepreneurship, giving birth to a wave of innovative and determined visionaries who are defying odds and reshaping the continent’s economic landscape. Among the trailblazers fostering this entrepreneurial revolution is the Tony Elumelu Foundation (TEF). The Foundation has been at the forefront of empowering African …
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African Entrepreneurs as Global Players: Expanding Business Horizons
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The Power of Entrepreneurship: Unlocking Africa’s Potential
Africa is a continent brimming with immense potential and opportunities. With its abundant natural resources, a young and vibrant population, and a growing consumer market, Africa is poised for greatness. However, unlocking this potential requires harnessing the power of entrepreneurship. Entrepreneurship has the unique ability to drive economic growth, create jobs, foster innovation, and uplift …
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The Future of Work in Africa: Embracing Technological Disruption and Creating New Opportunities through the Tony Elumelu Foundation
In an era of rapid technological advancements, the future of work is undergoing a profound transformation worldwide. In Africa, this evolution presents a unique opportunity for economic growth and development. The Tony Elumelu Foundation (TEF), with its steadfast commitment to empowering young African entrepreneurs and fostering innovation, is playing a pivotal role in shaping the …
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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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EMBRACING THE SPIRIT OF AFRICAPITALISM: CATALYSING AFRICAN SOLUTIONS DEVELOPED FOR AFRICAN BY AFRICANS – A CASE STUDY OF THE TONY ELUMELU FOUNDATION BY WINGS
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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