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TONY ELUMELU FOUNDATION EMPOWERS OVER 200,000 AFRICAN ENTREPRENEURS ACROSS 54 AFRICAN COUNTRIES

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Tony Elumelu

 

  • Entrepreneurs have completed the business management training globally likened to an MBA

 

 

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme.

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.

The TEF Entrepreneurship Programme Business Management Training equips entrepreneurs with critical skills required to launch and run their businesses at the early growth stage. With a unique curriculum that encompasses topics on Starting Your BusinessBusiness Management & FundamentalsLeadership & Business GrowthSelecting and Building a Team, amongst others, entrepreneurs are effectively armed to achieve business growth, profitability, and sustained success.

Entrepreneurs were hosted to weekly information sessions, as part of the training, to address relevant concerns and share vital programme updates. All entrepreneurs received active support from coaches and mentors who provided technical guidance, counsel and one-one interaction throughout the duration of the training programme.

The training, which is one element of the 7 pillars of the TEF Entrepreneurship Programme, was carried out in the official African languages including English, French, Portuguese and Arabic, and over 40 percent of trained participants were women.

Commenting on this milestone, Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, said “Every year, our commitment to transform Africa is further strengthened with the passion, resilience and talent of the high-calibre entrepreneurs who onboard our flagship programme. Our curricular provides a holistic opportunity for entrepreneurs to learn, grow and contribute to the development of their communities.”

The Chief Executive Officer added: “Furthermore, it is a testament to the eagerness and readiness of African entrepreneurs across all of Africa to make themselves available to transform the continent for good. I would like to commend these entrepreneurs for their discipline, dedication and hard work throughout the training and look forward to the immense impact of their businesses across diverse sectors in Africa. We remain committed to empowering African entrepreneurs with the required resources and support that will ensure that their businesses can scale and drive sustainable change on the continent”.

The TEF Entrepreneurship Training is immediately followed by a Business Plan review process for each entrepreneur. The top-performing entrepreneurs subsequently participate in the Pitching phase of the Programme after which successful entrepreneurs receive a non-returnable seed capital of US$5000 each.

The leading African philanthropy also hopes to train and empower thousands more across the African continent as part of its commitment to catalyze economic growth, drive poverty eradication and ensure job creation.

In 2020, the Tony Elumelu Foundation marked ten years of impact, having empowered and funded nearly 10,000 African entrepreneurs from all 54 African countries as part of its US$100 million TEF Entrepreneurship Programme. The Tony Elumelu Foundation is inspired by Tony Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the long-term social and economic development of the African continent.

To learn more about the Tony Elumelu Foundation, please visit TonyElumeluFoundation.org; and to receive the Foundation’s free business training, please visit TEFConnect.com.

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“IFA Spotlights Wealth and Prosperity as Theme of this Year’s Festival” – Oluwo Osunniyi Olajide

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Popular Social media enthusiast, IFA priest and cultural ambassador Oluwo Osunniyi Olajide with the sobriquet as Oluwo Jogbodo Orunmila is currently gearing up for the annual 2021 Ifa Festival. Oluwo Osunniyi also revealed Ifa’s central message for this year’s feast that will be hosting all sundry and also celebrate the rich religious aesthetics of IFA divination.

During a conversation with the highly cerebral priest, he revealed that; the essence of consulting Ifa ahead of the festival, is to seek guidance concerning principal activities. “Ogbe Alara is the divination this year. Ifa spotlights wealth as major theme of this year’s festival”. Anyone struggling with one engagement or the other in life, Ifa is inviting them, to encounter their breakthrough”.

 

Oluwo Osunniyi Olajide

He further disclosed that; The festival which is slated to last for three days, will flag off on October 29 with Ìkúnlẹ̀ Ọdún and Ìbọ́fà Ọdún the following day.

“On the grand finale, 31st of October, 2021, popular artiste, Àṣàbí Ọ̀jẹ̀ Afẹ́nápa will perform to the audience at the grand reception which will take place at Ile Olúwo, Agric Olomi, Olojuoro, Ibadan. Oluwo Jogbodo Orunmila is a well revered priest and culture custodian, who is constantly upholding cultural values and practices in positive light, home and abroad.”

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IBEDC APPEALS TO OKEHO, SAYS BETTER DAYS AHEAD

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In response to an online publication over the poor power supply experienced by the communities at Okeho (LGA) in Oyo State, and complaints of inadequate metering and high billing of customers, the Management of Ibadan Electricity Distribution Company (IBEDC) Plc, has appealed for calm from the affected communities assuring them that the power supply situation would soon improve.

 

A statement by the Chief Operating Officer of the Company, Engr. John Ayodele said that a 132 KV line supplies the 11 LGs from Oyo town to Iseyin, Okeho, Otu, Paapo, Ago-Are up to Saki, and this puts a lot of pressure on the infrastructure, which is the reason for its poor performance. In response to this challenge, the Federal Government has commenced construction of a new 132 KV line to augment and improve the present supply. “In addition, we are about to energize the control room at Ogan to enable effective supply arrangement by stepping down the 33KV line to 11KV, this will serve the communities better”. Engr. Ayodele explained.

Engr. Ayodele further said that Okeho is on service band E, which means that they should get an average supply of four hours daily, but currently they get an average of five hours. Also in line with NERC stipulated tariff, the communities are billed monthly on a cumulative average of computerized daily supply in compliance with the capping policy. “IBEDC is a customer-centric organization, and we are working on metering our customers to put an end to the billing issues.

 

As soon as we begin more deployment of meters under the National Mass Metering Programme (NMMP) or any other scheme approved by NERC, we shall continue to meter our customers based on the service band categorization for ease of distribution”
Engr. Ayodele also pleaded with the esteemed customers at Okeho to remain patient and embrace constructive dialogue to ensure better outcomes.

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 NIGERIA AT 61: ADRON HOMES CELEBRATES WITH UNITY MATCH-PAST

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…Roll out empowerment promotions for the people

Management and staff of the Nigerian foremost real estate company Adron homes and Property trooped out in mass today to celebrate Nigeria at 61 with a match-past across the nation. The real estate company tagged this year’s celebration “Unity” which it deemed to promote peace and harmony among our people with the aim to achieve National coherence was celebrated nationwide by its staff from different regions of the country.

Canvassing for unity in Nigeria, Adron Homes apart from its usual match past, produced a song to commemorate the 61st anniversary showcasing strength in our Nation’s diversity.

The song title “Unity Song” Is targeted at uniting the people for a common National goal and encouraging them to steadfast their hope on our dear country as this will foster ethnic tolerance, economic growth among the citizenry.

It became pertinent in this trying time to bring our people together and find a common ground again as people bond in Love and Unity as our hero’s past.

The real estate company is using the song as a wake-up call for our people to Unite again against our common enemies and strengthen our fatherland once again as a sovereign Nation of people bond together in love, culture and Unity.

Adron Homes MAtch PAst

In his review of the celebration, the Group Managing Director, Adron Homes, Mr. Adetola Emmanuelking said the independence anniversary should symbolize our national values and reawaken the spirit of patriotism in the minds of Nigerians. However, he also emphasizes the need for National coexistence among the people which he describes as the bedrock of nation-building and economic growth.

To celebrate this year’s 61st Independence anniversary, the real estate company also rolled out a 30% discount on all its estates tagged “ADRON HOMES EMPOWERING EVERYONE” which is scheduled to end same October and also made available star prices for customers to win.

Mr Adetola further stressed the need for such unifying masterpiece as a tool to drive National unity among the people and celebrate our fatherland as a citizenry and organization with the responsibility of not just conducting business but also ensuring continue coexistence among all and sundering in our beloved NIGERIA.

We at ADRON use this opportunity to wish every Nigerian both home and abroad a happy 61st independence anniversary and encourage those in the diaspora to come back home and join hands in developing our homeland.

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