• New Impact Fund Launched to Fuel Impact Investing in Africa

    Today, The Rockefeller Foundation and the Tony Elumelu Foundation announced the launch of the Impact Economy Innovations Fund (IEIF) at the Impact Investing in Africa: Accelerating the Industry Regionally Forum. The event, hosted by The Rockefeller Foundation, the Tony Elumelu Foundation, and the Bertha Centre for Social Innovation & Entrepreneurship at the University of Cape …

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  • Nigerian Entrepreneurs Shatter Growth Records of Countries in Asia, Africa and Middle East

    “We will develop future leaders of industry in Africa” — Elumelu Lagos, Nigeria, 22 March 2013 – Nigeria’s entrepreneurs should be firmly encouraged to continue making sustainable investments in the local economy, as this will form a new approach toward building competitive industries in Africa. This is the view of Tony O. Elumelu, CON, the …

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  • Okonjo-Iweala, Elumelu Champion Strategic Philanthropy in Nigeria

    Abuja, Nigeria, 18 March 2013 – To maximize the benefits of their generosity, wealthy Nigerians need to be more strategic in their giving, to create a bigger impact and leave a lasting legacy. This was the view of the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, at the inaugural Nigeria …

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  • Nigeria’s Power In The Hands Of The Private Sector

    21 February 2013, Abuja Lagos – President Goodluck Jonathan’s commitment to ‘move Nigeria from darkness to light’ was one step closer to being realized today at the official signing ceremony held by the BPE for the winning bidders of the privatization of the Power Holding Company of Nigeria (PHCN). The ceremony was held at the …

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  • Africa Exchange Holdings Subsidiary Announces CEO And COO Appointments In Rwanda

    Kigali, Rwanda, February 20, 2013– In line with its strategy to build commodity exchanges across Africa, Africa Exchange Holdings (AFEX) today announced two key appointments for its subsidiary East Africa Exchange (EAX) in Rwanda. Paul Kukubo, Chief Executive Officer of the Kenya Information, Communication and Technology Board and John Bosco Sebabi, Director General at the …

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  • Remarks by His Excellency, President Goodluck Ebele Jonathan, GCFR, at the Inauguration of the Board of the Nigerian National Competitiveness Council at the Presidential Villa Abuja, on 4 February 2013

    PROTOCOLS I welcome you all to the inauguration of the board of the Nigerian National Competitiveness Council of Nigeria (NCCN). I congratulate the Chairman and members of the board on your well-deserved appointment. As pioneer members of the board, you were selected to serve on account of your proven skills, experience and competence. I expect …

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  • National Competitiveness Council Meets To Set Agenda For Improving Nigeria’s Business Environment

    Abuja, Nigeria, 4 February 2013 – Following the inauguration of the National Competitiveness Council of Nigeria (NCCN) at State House today by President Goodluck Jonathan, its Chairman the Honourable Minister of Trade and Investment Olusegun Aganga, the Vice Chairman Tony O. Elumelu C.O.N, as well as members of the board, convened the council’s first meeting …

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  • East Africa Exchange Launched

    Davos, Switzerland, January 24, 2013 – The East Africa Exchange was introduced to the international community at the World Economic Forum in Davos, Switzerland. President Paul Kagame of Rwanda, Nicolas Berggruen of Berggruen Holdings and Jendayi Frazer of 50 Ventures also representing Heirs Holdings, presented the project at a press conference yesterday, January 23 at …

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  • The Tony Elumelu Foundation Hosts USAID Administrator Rajiv Shah During Official Visit to Lagos

    Lagos, Friday, January 18 – Today, the Tony Elumelu Foundation hosted the U.S. Agency for International Development (USAID) Administrator, Dr. Rajiv Shah, at events designed to highlight new opportunities for partnerships that can accelerate growth and development in Nigeria. The trip signals the US government’s interest in transforming the foreign aid landscape by engaging private …

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  • Looking to 2013: The Tony Elumelu Foundation Year-In-Review

    2012 was a year of tremendous growth for the Tony Elumelu Foundation. Over the course of the year, we expanded our pan-African reach with programmes that are positively impacting the development of the African socio-economic landscape, from  helping farmers increase their yields through the provision of new seed varieties, to supporting entrepreneurs leading fast-growing companies and working …

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