Tony Elumelu Named Among World’s 200 Most Influential Philanthropists
Nigerian business mogul Tony Elumelu has been named as one of the World’s top 200 influential philanthropists and social entrepreneurs. Elumelu, whose socially minded programs and schemes have impacted thousands of entrepreneurs across Africa, was among several prominent figures to be included in the list compiled by Richtopia. The persons whose names were listed are […]
Tony Elumelu Foundation Entrepreneurship Program: Applications Open on January 1, 2017
Applications for the third round of the Tony Elumelu Foundation’s Entrepreneurship Program will be open from January 1, 2017, according to information contained on the foundation’s website. The Tony Elumelu Foundation (TEF) Entrepreneurship Program provides training and funding for entrepreneurs with new and promising business ideas based in Africa. Its organizers say the program was […]
FMIC Collaborates with Tony Elumelu Foundation to Restructure Nigeria’s Creative Industries
The creativity of Nigerians has spawned a billion dollar sector which harbors great potential for even more growth within it. The energy and vibrancy of artists, filmmakers, and fashion entrepreneurs have made this possible, despite the fact that they have to work within a largely unstructured system. That lack of form and organization is what […]
Men We Should Know: Tony Elumelu
Tony Onyemaechi Elumelu is one of Africa’s most respected business leaders. He is well known for his achievements in and contributions to the growth of the banking industry in Nigeria, as well as his promotion of the idea that Africa’s private sector can drive economic growth on the African continent- a view which he refers […]
Tech Tuesday: UBA Launches Red TV
Following in the footsteps of GTBank with its popular platform, NdaniTV, the United Bank for Africa (UBA) Plc recentlty unveiled its brand new online TV channel, Red TV. According to the Bank, Red TV will feature the latest trends in lifestyle, entertainment, music, fashion and others, with Africa’s youth as its primary audience. The official launch […]
AMAA to Honour Goodluck Jonathan, Tony Elumelu, Jury Members
The Africa Movie Academy Awards will give special recognition awards to her jury members at Mandela Bay, Port Elizabeth today, September 25th, 2015. In an evening tagged a Night of Gratitude and Tributes, the jury members will receive special awards alongside Former President Goodluck Jonathan and Chairman of Heirs Holding, Mr. Tony Elumelu among others for […]
Tony Elumelu Says Progress in Africa is Solution to Refugee Crisis
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 […]
Elumelu Foundation, Durham University Business Hold First Ever Conference on “Africapitalism”
The Tony Elumelu Foundation’s Africapitalism Institute and Durham University Business School, one of the oldest universities in the United Kingdom, recently co-hosted a day-long academic symposium on the economic philosophy called “Africapitalism” at the Foundation’s headquarters in Lagos. The primary goals of Mr. Elumelu’s Africapitalism mission are to promote public policies that facilitate private sector […]
Aliko Dangote, Ngozi Okonjo-Iweala, Tony Elumelu and Others to Star in BET Documentary, Africa Straight Up
BET and Africa.com are joining forces to present Africa Straight Up, an inspiring documentary that goes behind the headlines to delve deep into the rich, complex truths about contemporary Africa. Taking a comprehensive look at the story of Africa and the African diaspora, Africa Straight Up features contributions from businessman Aliko Dangote, economist Ngozi Okonjo-Iweala, philanthropist and entrepreneur Mo Ibrahim, entrepreneur […]
Application for Tony Elumelu Foundation’s Entrepreneurship Programme Opens
Are you an entrepreneur? Do you feel you have an innovative business idea that can change Africa? The Tony Elumelu Foundation’s Entrepreneurship Programme’s application portal officially opens tomorrow, January 1st 2015. Entailing a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs, entrepreneurs from all over Africa are […]
WAPIC Conference Set to Hold; Tony Elumelu to Speak on Ambition Regarding Power Generation in Nigeria
Chairman of Heirs Holdings and well known global business leader, Tony Elumelu has disclosed that his group, Heirs Holdings has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years. The group’s interests in the power sector lie at the Transcorp Ughelli Power, a gas-fired, thermal power […]
UBA Group Appoints Tony O. Elumelu as Chairman
The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi. Mr Elumelu is Chairman/CEO of Heirs Holdings (http://www.heirsholdings.com), the pan-African proprietary investment company, which he founded in 2010 and which holds stakes in a number of leading African businesses, including […]
Transcorp, NNPC Sign Production Sharing Contract
Transnational Corporation of Nigeria (Transcorp) and the Nigerian National Petroleum Corporation (NNPC) signed a production sharing contract (PSC) last Friday for the exploration and production of Oil Prospecting Lease (OPL) 281. Transcorp has committed itself to a work programme to prove and develop an estimated 104 million barrels of oil reserves, an additional […]
The Rockefeller Foundation and Tony Elumelu Foundation Announce Africa Winners of the Impact Economy Innovations Fund
Winners of the Africa Impact Economy Innovations Fund (IEIF) have been announced. The Rockefeller Foundation and the Tony Elumelu Foundation made the announcement in a joint statement. The IEIF, which was launched in April 2013, provides grant capital for entrepreneurs with projects that create jobs, and supports proposals geared towards enabling capital solutions and promoting […]
Heirs Holdings Invests in Planet Labs Revolutionary Satellite Technology
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”, […]
Transcorp Records Huge Growth
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 […]