African business leaders at the 2013 UN MDG meetings have emphasised the strength of non-traditional partners, such as private sector leaders, to harness fresh expertise and resources to a region requiring accelerated efforts to boost achievement. Tony Elumelu raises the issue of power, as an example. Submit Cancel Thanks for your feedback!
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UN mobilizes innovative partnerships to achieve MDG targets
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Opinion: New models for the development of Africa
The time has come for a new approach to development in Africa. Contrary to the current global trend, the economic prospects of the continent are very favorable for the coming years. Development models based on foreign aid, the charitable sector, sovereign debt, or the export of primary products, are no longer suited to Africa. Submit …
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Africa: Sino-African, Japo-African, Euro-African Or Africapitalism?
Babatope Falade-Onikoyi writes: “Many years ago, the cover of The Economist magazine was titled: Africa- The Hopeless Continent. Recently, it was “Africa Rising”. If we want Africa to keep rising, we need sustainability and Tony Elumelu has provided the answer- Africapitalism.” Submit Cancel Thanks for your feedback!
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Elumelu, FG, Others Sign MOU On National Warehouse Project For Farmers
African Exchange Holdings (AFEX), a Pan-African holding company, has signed a Memorandum of Understanding (MOU) with the Federal Ministry of Agriculture, to create a pioneering warehouse receipt system that will enable Nigerian farmers and cooperatives to safely store their produce at accredited warehouses. Submit Cancel Thanks for your feedback!
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Opinion: Getting Paid, Not Aid: A Call to Revamp Aid in Africa
President Clinton has said, “No country can work itself out of poverty with aid alone.” Indeed, throughout Africa, we have seen first-hand how the international community’s traditional approach to solving the continent’s problems through charity and aid has fallen short. Submit Cancel Thanks for your feedback!
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The Real Entrepreneur Unleashed
Tony Elumelu, the whiz kid of a good number of banking boardrooms appears to be living life anew. In fact, it seems like yesterday that this audacious whiz kid banker led the medium-sized Standard Trust Bank into an ambitious merger with United Bank for Africa. This cemented his corporate credentials across the African continent in …
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Africa’s homegrown diplomas can be an asset – Survey
An early 2013 study by the African Management Initiative, a project backed by the Association of African Business Schools (AABS) and the Tony Elumelu Foundation, found that only 13 African business schools are accredited internationally. Submit Cancel Thanks for your feedback!
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Tony Elumelu Foundation Increases Grant For Tech Startups In Nigeria
VENTURES AFRICA – Heirs Holdings Chairman and founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, says his foundation will increase the number of annual grants made available to start-ups who develop local content applications, which solve Africa’s challenges, from 20 to 50. Submit Cancel Thanks for your feedback!
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Tony O. Elumelu Supports The Future Awards Africa Prize for 5 years | Hosts African Young Person of the Year Honourees
In another big move, one of Africa’s most influential entrepreneurs, Tony O. Elumelu (CON) has announced a 5-year endowment (support package) of The Future Africa Awards prizes. Recognized by the World Bank last year as ‘The Nobel Prize for Young Africans‘, The Future Awards Africa, which is in its 8th season, is presented in partnership …
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Kick-starting Africa’s SME sector
Small and medium sized enterprises (SMEs) are essential to growing African employment and GDP. In high-income countries, SMEs represent a high share of economic activity, a large share of employment, and bring informal business activity into the formal economy. Yet, a severe lack of financing is limiting the ability of African SMEs to grow and …
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