Kigali, 31 October 2013 – On Thursday, October 31, the recently operational East Africa Exchange (EAX) concluded the first regional trade auction from its Rwanda head office, successfully selling 50 metric tons of maize at 398 USD per metric ton between a Ugandan seller and Rwanda buyer. The auction took EAX one step closer to …
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EAX concludes first regional trade auction of maize on NASDAQ platform
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Philanthropy in a changing world economy
In 2010, leading African businessman Tony Elumelu set up the foundation that bears his name. Africa-based and African-funded, its principal focus is on strengthening the private sector across the continent, as he explains to Caroline Hartnell of Alliance Magazine. [wpfilebase tag=file id=2 tpl=simple /] Submit Cancel Thanks for your feedback!
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Dedicated Africapitalism platform launches on AllAfrica.com
Lagos, 29 October 2013- AllAfrica.com, the leading source of African news, has added a section to their website that will be dedicated to Africapitalism – an economic philosophy being touted as the solution for Africa’s development. The section will feature opinion, analysis and new perspectives that will stimulate debate around Africapitalism’s premise that the private …
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Iftiin Foundation partners with US, Tony Elumelu Foundation to transform post-conflict Somalia
The Somali foundation, which received a grant from The Tony Elumelu Foundation, recently held the first Generation Change Summit in Mogadishu, where ninety youth activists and entrepreneurs came together to discuss the role of youth in changing a post-conflict society for the better. [wpfilebase tag=file id=1 tpl=simple /] Submit Cancel Thanks for your feedback!
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Tony Elumelu recognised for leadership in business and philanthropy
New York, 21 September 2013 – On the eve of his departure to New York, where he will be speaking at the United Nations Millennium Development Goals (UN MDG) Success Event and the Clinton Global Initiative (CGI) Annual Meeting, the UK based publishers of African Business Magazine announced that global business leader Tony O. Elumelu, …
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Tony Elumelu recognised for leadership in business and philanthropy
New York, 21 September 2013 – On the eve of his departure to New York, where he will be speaking at the United Nations Millennium Development Goals (UN MDG) Success Event and the Clinton Global Initiative (CGI) Annual Meeting, the UK based publishers of African Business Magazine announced that global business leader Tony O. Elumelu, …
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Africapitalism: Putting the Private Sector at the Forefront of African Development
Africapitalism is an economic philosophy: that the African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth.
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Nigerian Competitiveness Council Appoints Leading Investment Banker as Inaugural CEO
”Council a critical catalyst for transforming Nigeria’s business environment and this appointment is an important step closer to demonstrating that Nigeria is open for business” – President Jonathan. Abuja, Nigeria, September 2013 – President Goodluck Jonathan said Nigeria’s business competitiveness and ability to attract local and international investment will be significantly enhanced with the appointment …
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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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UNILAG’s brightest receive Elumelu Prize
“With the right support, Nigeria’s young leaders can transform the continent” — Elumelu LAGOS, NIGERIA, 23 April 2013 – Today, three of the most intelligent graduates of the University of Lagos (UNILAG) came closer to achieving their ambitions to make a positive contribution to Africa’s development. In a special convocation ceremony hosted by Professor Rahamon …
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