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Tony Elumelu Foundation to Launch World’s Largest Digital Platform for African Entrepreneurs at TEF Forum 2018

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Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem –  TEFConnect.

 

TEFConnect will officially be unveiled at this year’s TEF Forum, taking place on October 25, 2018, at Federal Palace Hotel, Lagos, Nigeria.

 

Harnessing and building on the success of Africa’s largest entrepreneurship catalyst, the Tony Elumelu Foundation Entrepreneurship Programme, which has attracted over 300,000 African entrepreneurs as applicants and trained and funded 4,460 to date, the Foundation is further democratising access to opportunity. TEFConnect is an open source platform, which will provide bespoke tools and content to catalyse business development for millions across the continent, through technology and directly applicable content.

 

Positioned as the “Facebook for African Entrepreneurs”, the TEFConnect platform is a contemporary, intuitive, informative and user-friendly go-to entrepreneurship space, that provides five specific benefits to its users, among others:

 

  • The one-stop digital home for entrepreneurship ecosystem players, including entrepreneurs, incubators, investors, academia and the private sector, providing news, informative resources, entrepreneurship events and opportunities.

 

  • Creating the space to allow African entrepreneurs to transact across countries and regions in Africa’s largest digital marketplace, with traffic reaching millions of consumers.

 

  • Access to free business tools such as financial planning calculators, business plan generators and marketing templates.

 

  • Access to the Foundation’s Entrepreneurship Programme Application Form, Enterprise Toolkit and business mentoring by global business leaders.

 

  • Enabling entrepreneurs to promote their businesses to potential investors and other entrepreneurs for cross-border collaboration.

 

Speaking on the launch of TEFConnect, the CEO of the Foundation, Parminder Vir OBE said: “The Tony Elumelu Foundation is simply about empowering African entrepreneurs. First, we launched the TEF Entrepreneurship Programme, to provde 10,000 African entrepreneurs, over a period of 10 years with seed capital, mentorship and training. Next, we convened the full entrepreneurial ecosystem at the TEF Forum to forment engagement and deliberate discussions to change the narrative of Africa. Now, we are scaling our impact by connecting African entrepreneurship ecosystem on a single platform.”

 

The Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON also said: “In the four years, since the launch of the TEF Entrepreneurship Programme, we have shown that entrepreneurship can change a continent – we have invested in people and processes. We have already helped create business successes and brought policy makers into the entrepreneurial dynamic.  But in many ways, we are scratching the surface. This year we are broadening our scope, taking the conversation to where interaction is increasingly occurring – the digital realm. By connecting African entrepreneurs globally on TEFConnect, we are further unleashing the true potential of our entrepreneurs and transforming the continent”.

 

The 4th TEF Forum will convene Africa’s entrepreneurial ecosystem, including the broad investor community, government and policymakers, leading developmental organisations, private sector representatives, the media and partners.

 

This year’s Forum will also feature an interactive dialogue between the President of Ghana, HE Nana Akufo-Addo and President of Kenya, HE Uhuru Kenyatta, moderated by TEF Founder, Tony Elumelu.

 

To attend the TEF Forum or watch the unveil of TEFConnect live, click here:www.tonyelumelufoundation.org/tef-forum2018  

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FIRS ANNOUNCES AN ONGOING RECRUITMENT

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FIRS ANNOUNCES AN ONGOING RECRUITMENT.

 

The Federal Inland Revenue Service (FIRS) has rolled out an exciting opportunity for experienced professionals to join its team.

In a public notice via its X handle, the agency announced job openings for positions like Assistant Manager, Deputy Manager, and Assistant Director in fields such as Tax, Public Relations, Legal, ICT, and Risk Management.

Interested candidates are encouraged to review the eligibility criteria and apply via the official portal at careers.firs.gov.ng before January 11, 2025. This recruitment drive is aimed at bolstering public service efforts and maximizing national development.

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

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UBA GMD Calls for Public-Private Collaboration, Joins Aviation Minister to Commission New MMIA Departure Section

The newly renovated departure section of the Murtala Muhammed International Airport, Lagos, refurbished by United Bank for Africa (UBA) Plc, was officially commissioned on Friday, December 20th, 2024.

The laudable project, which marks a transformative moment in Nigeria’s aviation sector, underscores UBA’s unwavering commitment to national development and highlights the immense value of strategic public-private partnerships (PPPs).

The ceremony was graced by distinguished stakeholders, including the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN; the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku; other Directors, and Heads of Agencies operating at the Airport.

Speaking at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba,lauded the collaboration that brought the project to fruition as he emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

“This renovation is a testament of UBA’s belief in the transformative power of investing in national assets. By modernising our airports, we not only enhance infrastructure but also position Nigeria as a global hub for tourism, trade, and investment,” he stated.

Alawuba took time to highlight the broader economic impact of such initiatives, urging increased private-sector participation in national development. “Public-private partnerships like this demonstrate what can be achieved when we unite for a shared vision of progress and investing in infrastructure catalyses economic growth, improves travel experiences, and creates opportunities across various sectors of the economy,” he added.

Alawuba reflected on the power of unity and collaboration, quoting Helen Keller: “Alone we can do so little; together we can do so much.” The commissioning of the renovated departure section serves as a reminder of what strategic partnerships can achieve in driving national development and elevating Nigeria’s global standing.”

While commissioning the project, Keyamo commended UBA for executing the project, a feat he termed a landmark achievement in Nigeria’s aviation sector. “This renovated departure section exemplifies the bank’s commitment to elevating aviation infrastructure, improving passenger experiences, and fostering international partnerships. It is a proud moment for the ministry and all stakeholders involved, and I thank the management of UBA for pioneering this initiative,” he remarked.

The minister highlighted other key achievements of his ministry, including compliance with the Cape Town Convention, the launch of a consumer protection portal, and advancements in major infrastructure projects such as the second runway at Abuja Airport and solar energy integration in airport operations.

The Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, commended UBA and other stakeholders for their contributions, adding, “This project reflects FAAN’s dedication to delivering world-class aviation infrastructure. The enhanced departure section not only elevates passenger experiences but also strengthens Nigeria’s competitive position in global aviation,” she said.

She called for more private-sector participation, emphasising that “partnerships like these are essential to transforming the aviation sector into a beacon of excellence.”

The newly renovated departure section boasts cutting-edge facilities designed to enhance efficiency and passenger comfort. This upgrade reaffirms the Murtala Muhammed International Airport’s status as a critical gateway to Nigeria and a major hub for international travel in Africa.

United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology. UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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