Archives Tag: Heirs Holdings
Tony Elumelu Says Progress in Africa is Solution to Refugee Crisis
April 19, 2022
Founder and Chairman of Heirs Holdings, Tony O. Elumelu expressed his opinion on the current refugee crisis in Europe and the role Africa can play in its resolution in a recent TIME Magazine feature. The thought leader advocated for his cause of Africapitalism – the empowerment of local African entrepreneurs – as the solution to our continent’s … Continue reading Tony Elumelu Says Progress in Africa is Solution to Refugee Crisis
By ify
International News Research Science & Technology TECH
Heirs Holdings Invests in Planet Labs Revolutionary Satellite Technology
April 19, 2022
Heirs Holdings, the pan-African investment company, has announced its investment in Planet Labs, a United States startup involved in satellite manufacturing technology. Planet Labs, based in San Francisco, California, is on the verge of transforming the way imaging of the Earth is carried out through a technology that uses ultra-small satellites known as “doves”. These “doves”, … Continue reading Heirs Holdings Invests in Planet Labs Revolutionary Satellite Technology
Transcorp Records Huge Growth
April 19, 2022
Heirs Holdings, the pan-African proprietary investment company with interests in key economic sectors, has demonstrated its transformational ability over ailing businesses as one of its major investments, Transnational Corporation of Nigeria Plc (Transcorp), presented its achievements of 2013 to the Nigerian Stock Exchange (NSE) recently. Key accomplishments for Transcorp in 2013 include the acquisition of the … Continue reading Transcorp Records Huge Growth
Tony Elumelu made $123 million in 3 Weeks
April 19, 2022
Nigeria’s business magnate and former UBA CEO, Tony Elumelu, made $123 million in three weeks between November 1 and November 21 2013, as shares of Transcorp Plc surged by 186 percent within that period. According to a report by Forbes Africa, the chairman of Heirs Holdings, who is the largest individual shareholder in Transnational Corporation … Continue reading Tony Elumelu made $123 million in 3 Weeks
African Exchange Holdings Delivers on Receipts System
April 19, 2022
The Nigerian Strategic Grain Reserve (SGR) and the Federal Ministry of Agriculture and Rural Development have, together, conducted a technical walkthrough of a pioneering electronic warehouse receipt platform deployed by Africa Exchange Holdings (AFEX). The platform enables Nigerian farmers, cooperatives and traders to safely store their produce at accredited warehouses and access financing. Within two … Continue reading African Exchange Holdings Delivers on Receipts System
By kunle-binuyo
Agriculture BUSINESS ECONOMY Energy News
We Will Transform Ten Million Lives in Ten Years – Elumelu
April 19, 2022
Nigeria’s business mogul, investor, and philanthropist, Tony Elumelu, recently spoke at the Clinton Global Initiative on the objectives of the Tony Elumelu Foundation and its peculiar interest in engineering growth among SMEs in the African continent. According to Elumelu, economic development in Africa can be achieved by channeling resources into Small and Medium-sized Enterprises (SMEs). … Continue reading We Will Transform Ten Million Lives in Ten Years – Elumelu
By kunle-binuyo
BUSINESS Events News Personality Philanthropy
Tony Elumelu Awarded ‘African Business Icon’
April 19, 2022
The Chairman of Heirs Holdings, Mr. Tony Elumelu, has been awarded as the winner of the African Business Icon Award by African Business Magazine, a United Kingdom based publication. The awards, which was held 20th September at the Mandarin Oriental, New York, is in its sixth year and is aimed at celebrating exemplary achievements … Continue reading Tony Elumelu Awarded ‘African Business Icon’
By kunle-binuyo
BUSINESS Housing News Real Estate Tourism 6 more...
Transcorp Hilton Hotel Comes To Lagos
April 19, 2022
Transcorp Hilton Hotel, popular in Abuja and managed by Hilton Group and Transcorp Plc. has announced it will open an hotel, in Lagos. At a management contract between Transcorp Plc and Hilton Group in Lagos, the organizations, it was disclosed that the facility will be a full service 350-room hotel to be located on Glover … Continue reading Transcorp Hilton Hotel Comes To Lagos
By sheyi
Tony Elumelu Advocates for Africapitalism as the Solution for Africa’s Development
April 19, 2022
Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda. This was the sentiment of Tony Elumelu’s speech, described by many as “powerful,” which was delivered at the African Development Bank’s (AfDB) Annual Board of Governors meeting held in Marrakech, Morocco. The speech was followed by a panel … Continue reading Tony Elumelu Advocates for Africapitalism as the Solution for Africa’s Development
Tony Elumelu: In Africa, the Best ‘Charity’ is Aid for Business
April 19, 2022
The traditional approach to solving Africa’s problems through aid has created a cycle of dependency. A better approach is to use donor subsidies to fund private, for-profit ventures. Those ventures create systemic and sustainable change in the community. The traditional approach to solving Africa’s problems has been to rely on charity and aid – free money, more … Continue reading Tony Elumelu: In Africa, the Best ‘Charity’ is Aid for Business
Federal Government to Enhance Nigerian Graduates’ Skills, Improve Employment
April 19, 2022
It is imperative to enhance the skills set of Nigerian graduates and improve their chances for employment if the Nigerian economy is to grow at sustainable rates. This was the view shared by Tony O. Elumelu, CON, at the Graduate Internship Scheme (GIS) stakeholders’ interactive session, held today at the Congress Hall of the Transcorp … Continue reading Federal Government to Enhance Nigerian Graduates’ Skills, Improve Employment
Heirs Holdings: AFEX Announces Executive Appointments in Rwanda
April 19, 2022
In line with its strategy to build commodity exchanges across Africa, Africa Exchange Holdings (AFEX) 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 National Bank of Rwanda will take … Continue reading Heirs Holdings: AFEX Announces Executive Appointments in Rwanda
Going Strong Into 2013, Heirs Holdings Reviews a Year of Achievements
April 19, 2022
The senior management of Heirs Holdings, the African proprietary investment company chaired by Tony Elumelu, C.O.N., convened at the Transcorp Hilton, Abuja this month to review 2012, which saw the company’s portfolio record impressive growth, and to chart 2013 objectives within its core strategy of driving one of Africa’s leading value-creating enterprises. Heirs Holdings operates … Continue reading Going Strong Into 2013, Heirs Holdings Reviews a Year of Achievements
