Archives Tag: Tony Elumelu
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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
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
UBA Appoints New Executives, Announces Project Alpha
April 19, 2022
United Bank for Africa Plc (UBA), has appointed new executives and announced the launch of Project Alpha – which the bank says is the new focus of its strategic transformation. According to the Bank, “Project Alpha is a 3 year route map of key transformation initiatives, designed to consolidate the Group’s strategic positioning and fully … Continue reading UBA Appoints New Executives, Announces Project Alpha
By sheyi
The Tony Elumelu Foundation To Support More Tech Startups In Nigeria
April 19, 2022
With a mission to assist technology start-ups in solving more local problems, The Tony Elumelu Foundation (TEF) is upgrading its commitment for Seed Funding to Tech Startups in Nigeria through the ccHub. The Founder, Tony Elumelu said, “the foundation will increase the number of annual grants made available to start-ups who develop local content applications, which … Continue reading The Tony Elumelu Foundation To Support More Tech Startups In Nigeria
By sheyi
Aliko Dangote, Tony Elumelu, Others Speak at LBS Africa Business Conference
April 19, 2022
Lagos Business School will hold the inaugural edition of Africa Business Conference on May 31, 2013. The conference, organised by the MBA students of the School, aims to bridge the gap between emerging and entrenched business leaders, and successful and emerging businesses through a robust information exchange platform, in order to create a thriving future … Continue reading Aliko Dangote, Tony Elumelu, Others Speak at LBS Africa Business Conference
By frederick
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
The 3 Key Ingredients for Sustaining Africa’s Growth
April 19, 2022
Here is an article by renowned businessman Tony Elumelu, which appeared as a guest post on the Financial Times’ beyondBRICs website . In it, he outlines three main requirements for creating and sustaining economic growth in Africa. Enjoy this insightful piece. Africa’s growth continues to make headlines at home and abroad. But while the continent has made … Continue reading The 3 Key Ingredients for Sustaining Africa’s Growth
Transcorp, Bid Winner for Ughelli Power Plant, Signs With BPE to Take Over
April 19, 2022
The official signing ceremony for the winning bidders of the privatization of the Power Holding Company of Nigeria (PHCN), was held yesterday at the Presidential Villa in Abuja. The ceremony, hosted by the Bureau for Public Enterprises (BPE) and presided over by Minister of Power Professor Chinedu Nebo, had representatives from the five generating and 10 … Continue reading Transcorp, Bid Winner for Ughelli Power Plant, Signs With BPE to Take Over
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
Dangote And Elumelu Nominated For Forbes Africa Person Of The Year.
April 19, 2022
Forbes Magazine, popular for its listing of world’s richest people, has revealed nominees for this year’s Forbes Africa Person of the Year. Nigerian Billionaire Aliko Dangote and Investor Tony Elumelu are Nigerians on the list. Others are Dr. James Mwangi – CEO and Managing Director of Kenya’s Equity Bank Limited, Joyce Banda – Malawian President … Continue reading Dangote And Elumelu Nominated For Forbes Africa Person Of The Year.
USAID Appoints Tony Elumelu Advisor on Leveraging Global Private Capital for Africa’s Development
April 19, 2022
By David Stephen. Heirs Holdings Chairman, Tony O. Elumelu, C.O.N., has been appointed as an advisor to the United States Agency for International Development’s (USAID) Private Capital Group for Africa (PCGA) Partners Forum. The Partners Forum is comprised of several leaders in industry convened to provide expert advice to the US Government on the best … Continue reading USAID Appoints Tony Elumelu Advisor on Leveraging Global Private Capital for Africa’s Development
