The Tony Elumelu Foundation has made strategic changes to the TEF Entrepreneurship Programme Cycle. These changes, which took effect from January 1, 2020, will provide more value across the continent and achieve our mandate to transform the African continent through entrepreneurship. This is one of the announcements heralding the 10th
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Global population is increasing but land remains fixed. This means that the demand for food is set to increase, something that will leave smart agripreneurs wealthy. It is believed that the next generation of billionaires will be from the agribusiness sector and there are many agribusiness enterprises/ideas you can tap
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Akon (pictured) has been given a green light to build his own city in Senegal. The city will be known as Akon City. The singer and entrepreneur said in a tweet that he had finalised the agreement for the construction of the new city. "Looking forward to hosting you there
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Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia held today the officialopeningceremony for the first-ever Carrefour Store in Uganda, marking the company’s entry into the Sub-Saharan African country. Located at the popular Oasis Mall, the store covers 2,800 square
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Aliko Dangote, Africa’s richest man, became $4.3 billion (Shs15.8 trillion) richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making
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Applications for the 6th cohort of the Tony Elumelu Foundation Entrepreneurship Programme are now open. The Tony Elumelu Foundation (TEF)—Africa’s leading philanthropy focused on empowering African entrepreneurs—is looking for the most innovative business ideas across the African continent. You are eligible to apply if you have a business idea or
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The Tony Elumelu Foundation (TEF)—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. The Programme targets small business owners in rural communities across the 7 Sahel countries of Africa – Nigeria, Niger, Chad, Mauritania, Burkina Faso,
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Stanbic Bank Uganda has today awarded 468entrepreneurs from 156Small and Medium Enterprises (SMEs) certificates after completingbusiness trainingcourses at the bank’s Business Incubator in Kampala. This is the fourthgraduation ceremony of entrepreneurs from the Stanbic Business Incubator since its inception in February 2018. The training has recently been expanded upcountry to
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The third edition of the Mastercard Index of Women Entrepreneurs (MIWE) has listed three African countries as global leaders in terms of women-owned businesses. Uganda, Ghana and Botswana are ranked as the top three countries with the highest percentages of women-owned businesses across the 58 markets evaluated around the world.
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Efforts to revive Nakumatt, which was once Kenya’s biggest retail chain, have failed, Daily Nation reports. The Nation has learnt that the chain has now sold what was left of the six branches to rival Naivas Supermarket in a deal that will see the Nakumatt brand completely disappear by the
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