Press Releases

New Agenda for African Private Sector as Tony Elumelu Rallies Support in Oxford, Paris and New York

May 25, 2015
Oxford, United Kingdom -  African businessman and philanthropist Tony Elumelu has called on business leaders to make decisions that will increase economic and social wealth, and promote development in the communities and nations in which they operate.

Press Release: Tony Elumelu Foundation and UN Economic Commission for Africa collaborate on data revolution for Africa

May 19, 2015
Lagos, Nigeria and Addis Ababa, Ethiopia – The Tony Elumelu Foundation and the United Nations Economic Commission for Africa concluded a three-day working session to create a roadmap on how to implement an ambitious plan to initiate a “data revolution” across Africa.

Tony Elumelu Joins President Obama At The White House To Champion An Entrepreneur-Led Development Model For Africa

May 13, 2015
Washington, DC – African businessman and philanthropist, Tony O. Elumelu has proposed a new entrepreneur-led development model for Africa at two high profile events in Washington DC.
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Tony Elumelu to Speak as President Obama Celebrates Emerging Global Entrepreneurs

May 8, 2015
Lagos, Nigeria, 07 May 2015 — African business leader and philanthropist Tony O. Elumelu,CON will speak at a White House event hosted by U.S. 

Transcorp holds 9th AGM, announces dividends

May 8, 2015
Lagos, Nigeria, 08 May 2015 — Transnational Corporation of Nigeria Plc (Transcorp) held its Ninth Annual General Meeting at the Congress Hall of the Transcorp Hilton Abuja.
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Transcorp Agribusiness arm to begin farming in Benue state

April 25, 2015
Lagos, Nigeria, 22 April 2015 — Transnational Corporation of Nigeria Plc (Transcorp) announced today that agribusiness subsidiary Teragro Commodities Limited has signed a memorandum of understanding (MOU) with the Benue State government to lease land to establish citrus farms in Ushongo, Benue.
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United Capital Plc Reports First Quarter PBT Growth by 44%

April 17, 2015
Emmanuel Nnorom (Board Member), Oluwatoyin Sanni (Group CEO) and Chika Mordi (Chairman) at the United Capital Plc Annual General Meeting in Lagos on Thursday.
TEEP 1000 Announcement

Tony Elumelu Foundation Entrepreneurship Programme Selects Inaugural 1,000 African Entrepreneurs

March 24, 2015
Lagos, Nigeria – The Tony Elumelu Foundation (TEF) is pleased to announce the selection of the first 1000 African entrepreneurs for the Tony Elumelu Entrepreneurship Programme (TEEP).

The Tony Elumelu Foundation Announces New Chief Executive Pioneer CEO, Wiebe Boer becomes Director of Strategy at Heirs Holdings

February 16, 2015
Lagos, Nigeria, 16 February 2015 – The board of Trustees of the Tony Elumelu Foundation announces the appointment of Professor Reid E.

The $100 Million Tony Elumelu Foundation Entrepreneurship Programme Opens on January 1, 2015

December 31, 2014
Lagos, Nigeria, January 1st 2015 – The $100 Million Tony Elumelu Foundation Entrepreneurship Programme – an annual programme of training, funding and mentoring, designed to empower the next generation of African entrepreneurs – is now open for entries through its application portal The flagship entrepreneurship programme from the Tony Elumelu Foundation opens its application portal for entries at 12:01am WAT on January 1st 2015 and will continue to accept applications until midnight WAT on March 1st 2015.