LAGOS, NIGERIA, January 29th 2014 – LAGOS, NIGERIA – As part of the campaign for inclusive economic growth in Africa, ONE and The Tony Elumelu Foundation announced a strategic partnership today to push political leaders in Nigeria to support public investments in agriculture, healthcare, and energy that will unlock substantial investments in these key sectors. The partnership aims …
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ONE and the Tony Elumelu Foundation Announce New Partnership
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Africa’s Entrepreneurs Can’t Be Restrained by Fear of Failure
The spirit of entrepreneurialism, with its promise or reduced youth unemployment and economic renewal, is certainly gathering steam across Africa. But true entrepreneurship-led transformation will require a mindset shift amongst Africa’s small business owners. Submit Cancel Thanks for your feedback!
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Tony Elumelu’s new Africapitalism
Global development leaders can’t seem to get enough of Tony Elumelu, the soft-spoken Nigerian banker and philanthropist who last year made headlines when he announced a $2.5 billion investment in U.S. President Barack Obama’s Power Africa initiative. Submit Cancel Thanks for your feedback!
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A ‘Marshall Plan’ for Africa’s employment challenge
To Africa’s many challenges, add one more: unemployment. Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves. It’s a time bomb with no geographical boundaries: Economists expect Africa to create 54 million new jobs by 2020, but122 million Africans will enter the labor force during that time frame. Adding to …
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Dr. Saeed Jumah: 2013 winner of the Tony Elumelu Prize for Business
Dr. Saeed Jumah is the recipient of the 2013 Tony Elumelu Prize for Business presented at the Future Awards, 2013 held in Port Harcourt, Nigeria. The award is part of Mr. Elumelu’s commitment through the Tony Elumelu Foundation, to identify and support entrepreneurs whose ventures bring about sustainable social impact for their communities. In …
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African philanthropists push for prosperity
Like Mr. Elumelu, other top African philanthropists also appear to be changing tactics, focusing on investments in areas likely to accelerate Africa’s prosperity in addition to their interventions in humanitarian crises such as floods. Submit Cancel Thanks for your feedback!
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Applications are now open for the 2014 Elumelu Professionals Programme
Are you an MBA or MPA student passionate about emerging markets? Do you have broad experience in marketing, finance, strategy, or policy analysis? Are you interested in creating lasting impact within a developing economy? The Tony Elumelu Foundation offers a three month engaging internship that may be right for you.
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Heirs Holdings director appointed to Global Impact Investing Network board
Sam Nwanze becomes first African board member Lagos, Nigeria, 25 November 2013 – In a unanimous decision, the board of the Global Impact Investing Network (GIIN), a global non-profit organisation dedicated to increasing the scale and effectiveness of impact investing around the world, has appointed investor Sam Nwanze as its first African member. Nwanze, who is the …
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Africapitalism: Not Just a Private Sector Gain
In last week’s This Day, the respected journalist Kayode Komolafe shone a spotlight on Africapitalism, an economic philosophy that is gaining attention across Africa and in other key centres across the world. It is essentially a call on the private sector to lead Africa ’s development through long-term investments in strategic sectors that can create …
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How Africa’s natural resources can drive industrial revolution
(CNN) — The economic performance of Africa in the last few years has been remarkable. The continent has consistently defied the global trend. Five years after the global financial system came perilously close to collapse, the global economic outlook is still uncertain. In Europe, GDP is still below pre-crisis levels and unemployment is at a …
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