Elumelu said this on Thursday at the 60th Anniversary Colloquium of the Nigerian Council of Registered Insurance Brokers.
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The announcement was made during an event held at the Foundation’s headquarters in Lagos, Nigeria, which was attended by several African political and business leaders.
This was disclosed by Awele’s husband, who is also the Chairman of Heirs Holdings, United Bank for Africa and Transcorp.
The President says Nigeria remains very proud of Elumelu, a global icon, whose business and philanthropic interests continue to create opportunities for growth and development not only in Nigeria, but Africa as a whole.
The editors’ conference, the largest gathering of Nigerian editors and owners of mass media: newspapers, magazines, radio/television stations and online newspapers in Nigeria, is scheduled to hold between October 21 and 22 at the NAF Conference Centre, Abuja.
Applications for GFSA Africa opened earlier this year making way for 15 startups, from across the continent to join the sixth class of the programme starting on June 21, 2021
The Business Management training was conducted exclusively on TEFConnect, the Foundation’s proprietary digital platform that provides capacity-building support, advisory and market linkages to over 1 Million Africans and counting.
He stated that by priotising youth empowerment and job creation, they will be able to improve standard of living in the continent and address the challenge of unemployment.
This year’s intervention prioritises the economic recovery of small and medium scale enterprises and young African entrepreneurs, following the COVID-19 disruption to economic activities.
The programme aims to empower women and men across the African continent.
Elumelu issued the threat in a letter by his lawyer to the Chairman of the Senate Committee, which went public on Monday
They will be joining the over 9,000 current beneficiaries, from 54 African countries, for business training, mentoring, a non-refundable $5,000 of seed capital and global networking opportunities
It is often more convenient to possess the ashes of great men than to possess the men themselves in their lifetime. But in Tony Elumelu’s case, the reality is remarkably different; Nigeria is extremely lucky to possess Elumelu. This is because the maverick banker elevates fiscal management and entrepreneurship to an art form, for the benefit of the country.
The money was released on Monday with the remainder expected to be disbursed to the entrepreneurs in Q12020
Consul General of the United States of America in Nigeria, Claire Pierangelo, on Tuesday reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region and the prosperity of the continent.
In 2019, 3,050 African entrepreneurs benefited from the programme, a number which will meaningfully increase in 2020.
The Tony Elumelu Foundation, the private-sector-led philanthropy focused on empowering African entrepreneurs, has announced a final list of 2,100 entrepreneurs to benefit from the inaugural TEF-UNDP Entrepreneurship Programme.
Elumelu said this while presenting the keynote speech on the theme: “Industrialization and Private Sector Engagement for Economic Transformation of ACP States,” at the Presidential Dialogue of the 9th ACP Business Summit in Nairobi, Kenya.
Applications are made through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the Foundation
The consul general made the assertion on Thursday at a media briefing on the flag-off of a partnership between the US Consulate General in Lagos and the Tony Elumelu Foundation.