Elumelu dedicates AABLA awards to Young African Entrepreneurs
Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation (TEF) and Chairman, Heirs Holdings and United Bank for Africa Group, has received the All Africa Business Leaders’ Awards (AABLA) yesterday in Johannesburg.
In the acceptance speech delivered by Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, Elumelu dedicated the award to young African entrepreneurs, commending their drive to succeed against all odds.
Organised by CNBC, the AABLA Awards “Philanthropy Award” category seeks to identify and recognise individuals for their exemplary and unique contributions towards the social and economic development of Africa. According to the organisers, the recognition was attributed to African entrepreneur and philanthropist Tony Elumelu for his outstanding moral and financial investment in Africa, and his support of young African entrepreneurs.
Receiving the award on behalf of Mr. Elumelu, Ifeyinwa Ugochukwu commended entrepreneurs for their spirit of achievement and excellence. In her acceptance speech, she said: “This award is dedicated to the hundreds of thousands of young African entrepreneurs who apply to the Tony Elumelu Foundation Entrepreneurship Programme every year. They are the true heroes of our continent.”
The Tony Elumelu Foundation, an African private-sector-led philanthropy focused on empowering African entrepreneurs, has thus far empowered over 7500 entrepreneurs across all 54 African countries with seed capital, business training and capacity building skills needed to scale their businesses. The goal is to empower young African entrepreneurs to create millions of jobs and revenue on the continent, tackling poverty and extremism, and creating economic hope in underserved communities while contributing to the overall advancement of the African continent.
The Tony Elumelu Foundation recently announced that it will open its annual call for applications for the new cohort of entrepreneurs on January 1, 2020.
Source: B&FT
Trending News
Duayaw Nkwanta Traditional Council commends NPP gov't for making Fire Service Training School dream possible
09:32Bagbin urges protection of Ghanaian family values, applauds traditional authorities
10:37Distribution of textbooks to public schools starts next week: Minister
09:25Akufo-Addo to launch smart schools project today
08:26Akufo-Addo is 80 years today
13:44Bawumia commissions another Fire Service Academy &Training School taking national tally to 3
09:24Kwesi Ahwoi apologises to Mahama
08:16Exempt all health facilities from unscheduled dumsor – Minority to govt
03:36Food suppliers suspect 'deliberate, unconscionable' MoE to sabotage National Food Buffer Stock Company
09:11Yellow army KNUST chapter launched
02:18