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Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect

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the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme.

Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst of its kind – has empowered 4,470 African entrepreneurs, with seed capital of $5,000 each; twelve weeks of accelerated online business training; access to experienced mentors; and membership of Africa’s largest entrepreneurial ecosystem.

Beneficiaries of the Programme have been profiled in global media, including the Forbes [Africa] 30 Under 30 list. They have attracted the attention of investors, as well as have been recipients of awards, including the Google Impact Challenge and the Chivas’ “The Venture” Award for Social Entrepreneurs.

The Entrepreneurship Programme has facilitated exchanges between African entrepreneurs and local and global public sector leaders, investors and development partners, raising their business profiles, scaling their opportunities, showcasing their innovation and identifying ways to further strengthen the business environment in Africa. In June 2018, the Foundation convened a forum with President Emmanuel Macron of France and young African entrepreneurs. In October 2018, the Foundation was proud to have President Nana Akufo-Addo of Ghana and President Uhuru Kenyatta of Kenya address the gathering of young African entrepreneurs at the TEF Entrepreneurship Forum.

The Foundation’s investment, impact and commitment to advancing entrepreneurship is predicated on the belief that Africa’s entrepreneurs hold the key to unlocking the potential of the continent and facilitating the transformation of Africa. With this objective, the Tony Elumelu Foundation launched the TEF Entrepreneurship Programme, its US$100 million flagship programme to identify over a period of 10 years, 10,000 African startups and entrepreneurs, with ideas that have the potential to transform the African continent. Its goal is to invest in businesses that together can generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa.

The TEF Entrepreneurship Programme is open to citizens and legal residents of all African countries, who run businesses based in Africa that are less than three years old. Business ideas that are yet to launch are also encouraged.

The 2019 Applications will be hosted on the largest digital networking platform for African entrepreneurs – TEFConnect on www.tefconnect.com.

Tony O. Elumelu, Founder of the Tony Elumelu Foundation and President Nana Akufo-Addo, President of Ghana pose with a beneficiary of the TEF Entrepreneurship Programme at the 2018 TEF Entrepreneurship Forum.

President Uhuru Kenyatta, President of Kenya addressing young African entrepreneurs at the 2018 TEF Entrepreneurship Forum

A cross-section of excited young African entrepreneurs at the 2018 TEF Entrepreneurship Forum

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Banking

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

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1 week ago

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December 13, 2018

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Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions.

The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed at safeguarding the financial investments of Nigerians and Africans living abroad and in Nigeria.

According to the Lead Partner, Desarrollar Limited, Mr Ikemefuna Mordi, the trust framework includes Nigeria’s leading Trustees, legal firms and real estate firms which will work towards ensuring and providing real estate solutions.

Ikemefuna said, “Desarrollar and its partners have created an institutionalised safe-haven to protect Nigerians and Africans in the Diaspora and those living on the African continent from fraud, deception and, sometimes, misplaced dependence on dishonest family-based relationships, through delivering full, seamless and stress-free lifestyle colutions to the Nigerian and African communities both at home and abroad.

Managing Director FBNQuest Trustees, Mr. Adekunle Awojobi, Lead Partner Desarrollar Group, Mr. Ikemefuna Mordi and Managing Director/CE UTL Trust Management services Mrs Olufunke Aiyepola at the official all Parties signing ceremony between Desarrollar group, a leading Lifestyle and real Estate solutions company and its partners in Lagos recently

Senior Partner, Banwo and Ighodalo, Mr. Olufemi Banwo and Lead Partner Desarrollar Group, Mr. Ikemefuna Mordi at the official all Parties signing ceremony between Desarrollar group, a leading Lifestyle and real Estate solutions company and its partners in Lagos recently.

He explained t

hat Desarrollar applies a premium standard of excellence to its residential development, commercial development and real estate acquisition services in Nigeria, The United States and the United Kingdom.Their www.desarrollargroup.com throws more light on their Service offerings

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BUSINESS

Afreximbank looks to the future of African business in campaign with CNN

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December 12, 2018

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The African Export-Import Bank (Afreximbank) is raising awareness about investment opportunities across the African continent through a multi-faceted campaign on CNN.
The campaign, established by CNN International Commercial (CNNIC), includes a dynamic mix of event partnership, TV and digital advertising, branded content, and editorial sponsorship. This media mix is across multiple CNN platforms in order to reach a wide range of business leaders, opinion formers and decision makers interested in doing business in
Africa.
The focus of the campaign is Afreximbank’s landmark Intra-African Trade Fair - a seven-day event taking place in Cairo in December offering a platform for sharing trade, investment and market information and enabling buyers and sellers, investors and countries to meet, discuss and conclude business deals.
As media partner for the event, CNN is promoting the Intra-African Trade Fair on CNN International’s EMEA feed and digital platforms via a TV commercial, digital advertising and bespoke Fact Files produced by CNNIC’s branded content studio, Create. CNN will also have a presence on-stage at the event.
In addition, Afreximbank is sponsoring a series of vignettes about different aspects of Africa’s creative industry. These editorial vignettes are produced by CNN Vision, the creative production powerhouse of CNN International.
“This is a rich campaign that draws on many aspects of CNN content, expertise and our different platforms to position Afreximbank at the centre of creating business opportunities across Africa,” said Cathy Ibal, Vice President, CNNIC. “No other international media connects with business decision makers and leaders like CNN, and we look forward to seeing the impact that this campaign can have on Afreximbank’s Intra-African Trade Fair and its initiatives in growing African business.”
“Afreximbank is keen to raise the profile of intra-African trade and to grow its value exponentially over the next few years,” said Kanayo Awani, Managing Director of the Intra- African trade Initiative at Afreximbank, which is overseeing the IATF project. “The Intra African Trade Fair (IATF) is expected to kick start the right conversations that will nudge the continent in this direction and form the foundation of the vital partnerships required to achieve the objectives. This is why partnering with CNN on this campaign is a critical step for us – to reach the right spectrum of audience essential to our vision for the IATF.”
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Brand & Marketing

Aregbe Idris task youths on nation building

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1 week ago

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December 12, 2018

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The All Progressives Congress Youth Organising Secretary Lagos State, Aregbe Idris has tasked the youths on nation building as a key in pushing the boundaries of innovation and growth in Lagos and Nigeria.
Aregbe made this known over the weekend at a two-day event tagged “Entertainment as a tool for nation building” at LA Campagne Tropicana Beach Resort, Ibeju, Lekki, Lagos.
The Youth Organising Secretary said, “We are the future of this nation, hence we must find a way to harmonise ideas, stay united, and explore all available opportunities to add value to this great nation.”
While stressing on the need for innovation, Aregbe noted that the youths remain sacrosanct to the growth of Nigeria and concerted efforts must be made to build the country of our dreams.
“Vision, purpose, commitment and unity are the key ingredients needed in building a better Nigeria. But we must be willing to be involved in the ongoing political movement.”
“The youths have vital roles to play in growing this nation,” he added.
The two-day event kicked off with a roundtable discussion where hundreds of youths from different corners of Lagos gathered to share views and insights on possible measures to adopt in pushing the frontiers of innovation and development of the state and Nigeria at large.
Talented musical stars took turns to thrill the youths to tracks off their albums.
With the likes of Dede Mabiaku, Alhaji Malaika, Adekunle Gold and other fine artistes guests were given a full doze of unsullied entertainment.
The two-day ceremony was crowned with a pool party hosted by talented music artiste, Falz.
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