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Application for the Tony Elumelu Foundation Entrepreneurship Programme closes March 1
The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the 1st of January 2019 will close on the 1st of March, 2019.
Selected beneficiaries will join 4,470 current alumni and will receive $5,000 seed capital, access to mentors, bespoke training and numerous opportunities to impact policies at the local and global level.
Open to African entrepreneurs from the 54 African countries, the Entrepreneurship Programme accepts business ideas as well as existing
businesses with less than 3 years of experience in all sectors of the economy. It has been commended as one of the few accelerator-type programmes that encourage viable businesses at idea stage that can demonstrate potential to scale, generate revenue and create employment opportunities.
A 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs, the Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa.
Some of the success stories from the Tony Elumelu Foundation Entrepreneurship Programme include Mama Moni, founded by Nkem Okocha, a fintech social enterprise that provides loans to women in rural communities in Nigeria; founded by Martin Ruga, Desserts Anyone, a chocolate processing enterprise in Kenya was built from scratch and with the infusion of the capital from the Tony Elumelu Foundation Entrepreneurship Programme, the business now serves over two tonnes of chocolate to over 50,000 consumers; founded by Abiodun Adereni, Help Mum, a Nigerian based enterprise that provides low-cost birth kits to prevent child and maternal mortality recently won the first ever Google Nigeria Impact Challenge and has attracted additional capital investments; iMed Tech, founded by Nneile Nkholise, innovates in the medtech space in South Africa by using technology to create breast prostheses for women with breast cancer; in Egypt, Ahmed Abbas founded Sun City that provides mobile solar pumps for small farmers. Additionally, six of Tony Elumelu Foundation entrepreneurs were recognised on the Forbes 30 under 30 list, among many other achievements, some have been appointed on the boards of global companies, government and developmental institutions, influencing policies at various levels.
The Programme is inspired by Tony Elumelu’s economic philosophy of Africapitalism and his vision to institutionalise luck and democratise opportunity for a new generation of African entrepreneurs. Applications will be judged based on criteria including feasibility, scalability and potential for growth of the product/service; market opportunity for the idea/business; financial understanding, leadership potential and entrepreneurial skills.
Applicants can apply on TEFConnect –www.tefconnect.com – the largest digital networking platform for African entrepreneurs.
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Meet Alhaji Ismail Adebayo Yisa, A Visionary Leader Committed to Philanthropy and Empowerment
Meet Alhaji Ismail Adebayo Yisa, A Visionary Leader Committed to Philanthropy and Empowerment
By Solanke Ayomideji Taiwo
Alhaji Ismail Adebayo Yisa stands as a beacon of hope and inspiration in the community of Abeokuta, Ogun State. As the Chief Executive Officer of 99 Cristal Lounge and Hotel International, he has transformed the hospitality landscape while simultaneously dedicating himself to uplifting the younger generation through a multitude of philanthropic initiatives.
He is the principal of the Omo-Ade Foundation, a charitable organization rooted in the mission of giving back to the community and fostering positive change. Under his leadership, the foundation has made significant strides in addressing the needs of the less fortunate. Notably, in July 2025, the Omo-Ade Foundation provided essential food and cash empowerment support to over 500 residents of Abeokuta North Local Government Area, illustrating his unwavering commitment to community welfare and development.
Alhaji Yisa is renowned for his warm-hearted nature and deep compassion, often described as having a heart of “gold.” His relentless dedication to philanthropy is a testament to his belief in the power of community and the importance of nurturing the potential of the younger generation.
His exemplary contributions have not gone unnoticed; Alhaji Yisa is a multiple award winner, recognized both in political circles and the educational sector for his outstanding service and commitment to the betterment of society. Through his work, he continues to inspire others to join the cause of social responsibility and community enhancement.
Through his leadership at 99 Cristal Lounge and Hotel International and the impactful initiatives of the Omo-Ade Foundation, Alhaji Ismail Adebayo Yisa is not only building a successful business but also shaping a brighter future for the youth and less privileged in Abeokuta North and beyond. His journey is a powerful reminder of the change one can effect through compassion, dedication, and selfless service.
Dangote Truck not responsible for Auchi Accident, says Eyewitness.
The Dangote Cement truck did not cause the tragic accident, which occurred on the Auchi-Okpella-Okene road, near Omega Fire Ministry in Auchi, Etsako West Local Government Area of Edo State, contrary to online reports.
An eyewitness, Audu Omale, who gave a vivid account of the accident, recalled that “a third-party truck loaded with cement was moving in the opposite direction of the Dangote Cement (DCT) CNG truck on a slopy road. The commercial truck driver lost control of his truck due to a suspected brake failure, ran into a moving vehicle, a motorcycle, and eventually crashed into the side of the DCT truck. The DCT CNG truck caught fire in the process.
“Consequently, three persons from the vehicle hit by the third-party truck lost their lives, while two persons sustained varying degrees of injuries and were rushed to a nearby hospital for treatment. The DCT truck driver escaped to avoid a mob attack,” Omale clarified.
In a related development, the Police Public Relations Officer (PPRO) of the Edo State Police Command, CSP Moses Yamu, confirmed that the accident involved two trucks, one belonging to Dangote Cement, another truck, which has not been identified, and a GLK Mercedes-Benz car.
The Edo PPRO noted that all three occupants in the GLK were confirmed dead in the hospital, while the Dangote truck caught ffirewhich was brought under control.
“I can confirm to you that three vehicles were involved in an accident in Auchi at midday: two trucks and one GLK Benz. The police moved to the scene of the accident and evacuated three occupants of the GLK to the hospital, where they were confirmed dead.
“Two of the vehicles involved were trucks, one belonging to Dangote Cement and another unidentified one. The Dangote truck caught fire and was brought under control,” Yamu stated. He added that the investigation was ongoing.
LOGS INVESTMENT JOINS FORCES WITH MC RICHMAN TO BRING “SOUTH AFRICA LAUGHS” TO LIFE
Chief John Eriourolo aka Ogba Johnilla
CEO, LOGS INVESTMENT
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