Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,213,968 members, 8,020,368 topics. Date: Wednesday, 04 December 2024 at 09:21 AM |
Nairaland Forum / Nairaland / General / Business / Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa (4977 Views)
What No One Tells You About Entrepreneurship In Nigeria / Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty: Part 3 / Six Ways To Grow Entrepreneurship In Nigeria (2) (3) (4)
Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by themomentng: 11:44pm On Jan 24, 2018 |
The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such growth will affect the world positively. Elumelu, who pointed this out on the side-lines of the 2018 World Economic Forum currently ongoing in Davos, Switzerland, said organisations must come together to provide solutions to key challenges negatively impacting African economies, especially with regards to power supply and infrastructural challenges which are the major issues that the economies have had to grapple with. Speaking specifically about the challenge of power supply on the continent, he said, “Under the Obama administration the Power Plan programme was initiated, which helped in a number of ways. However, now, we have a number of investors, like the Transcorp Power Plc, that is working hard to improve power in the continent in the 21stcentury. The truth is we have a new crop of investors who know and realise that it is important to have access to power to grow the continent, and our governments have keyed into this. “To this end, we would also continue to need support from World Bank, AFdB, and other organisations to support with the huge capital that is needed to boost that sector. We could also do with the support of America, because if we improve access to electricity in Africa, it would help the world in a variety of ways.” While noting that the private sector needs to get more involved, he cited the example of the achievements of the TEF over the past few years, which he said has begun to bear fruits, adding “We are beginning to see signs of the great things that these people are doing and they are making us proud. We have helped them realise their dreams and they are doing well.” He seized the opportunity to commend organisations that have keyed into the TEF’s vision of empowering 10,000 African youths such as the International Red Cross Society, which according to him, has helped to create more opportunities for more Africans to benefit from the TEF’s entrepreneurship programmes. He said: “We have seen that our interventions of 1,000 beneficiaries every year cannot be enough, in the first year, for instance, we had about 20,000 applications, we selected only 1,000; by the second year, it rose to 40,000 where another 1,000 was selected; last year, which was the third, we had 98,000 and we again selected 1000. It has become imperative to create more opportunities and to engage with our friends and partners and those who love Africa and who believe in this form of development that is truly sustainable. “So we reached out and I am happy that Red Cross came through and they have committed $1m, so now, we would not just be talking about 1,000 entrepreneurs, but now, it would be 1,200 entrepreneurs. Thanks to Red Cross for the additional 200.” He explained that the additional $1m fund they are bringing to the table is for the Niger-Delta region, covering the Ogoni part, and the North-Eastern region where we have the Boko Haram insurgence. “This kind of intervention, is what we need to develop Africa. We want to help to support the African youth, to support and prioritise them at a forum like this for global leaders. To let them know that Africa needs a new form of support, not necessarily hand-outs but support hat can empower. We need people to team up with us to support these youth,” he passionately added. https://www.thisdaylive.com/index.php/2018/01/25/elumelu-seeks-more-multilateral-organisations-support-to-boost-entrepreneurship-in-africa/ 3 Likes 3 Shares
|
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by kessling: 12:02am On Jan 25, 2018 |
God bless you Sir. Let their children continue buying million dollar power bike and having accident 10 Likes 1 Share |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Buhari4Hunger: 12:30am On Jan 25, 2018 |
How will they listen to you when Buhari policy is something else. They will wait till the dullard gets back to daura before coming 2 Likes |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Nobody: 8:00am On Jan 25, 2018 |
Yeah man |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by DollarAngel(m): 8:01am On Jan 25, 2018 |
Good |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by free2ryhme: 8:01am On Jan 25, 2018 |
themomentng: |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by lilfreezy: 8:02am On Jan 25, 2018 |
example of the heart of an igbo man 8 Likes |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by livinus009(m): 8:02am On Jan 25, 2018 |
This man is a rare Gem. 3 Likes |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by abbaapple: 8:03am On Jan 25, 2018 |
I respect this man mordan Aliko! Aliko is a mofo! Elumelo you are blessed. 3 Likes 1 Share |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Millz404(m): 8:03am On Jan 25, 2018 |
All these kind ppo dey nigeria o... We carry illiterate make president come d expect better thing 5 Likes 1 Share |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by nairavsdollars(f): 8:04am On Jan 25, 2018 |
Good move but he should also focus his attention on rescuing Nigeria from the dictators grip. 2 Likes |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Alphasoar(m): 8:07am On Jan 25, 2018 |
On point!! |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Alphasoar(m): 8:08am On Jan 25, 2018 |
nairavsdollars: The chairman does not want to get involved in partisan politics nah... |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by lifestyle1(m): 8:09am On Jan 25, 2018 |
Millz404: Na corruption my brother |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by holutee(m): 8:10am On Jan 25, 2018 |
Take it or leave it, Nigeria is a one chance in the hand of APC |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Alexgeneration(m): 8:11am On Jan 25, 2018 |
Tony should be careful because that bigot in Aso Rock might ask the organizations to focus on the north just like the way he did with the world bank aid 4 Likes |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by musicwriter(m): 8:21am On Jan 25, 2018 |
Business man. |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by princechurchill(m): 8:27am On Jan 25, 2018 |
In a land filled with intellectuals of the highest calibre in Africa an illiterate is the president
|
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by DMathematical: 8:30am On Jan 25, 2018 |
See people with international leadership credentials full Nigeria! . . . and some forces of darkness insist only a sickly cattle rearer from Daura, who cannot hold a brilliant conversation in English or any language must continue to rule! |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by nkemjacob2(m): 9:06am On Jan 25, 2018 |
God will bless this man oooooo.... Where is Otedola, adenuga, dangote, alakija, etc. What has been ur effort to the economy it not just to exploit Nigerians alone give back to the country |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Drsheddy(m): 9:12am On Jan 25, 2018 |
My mentor |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Richiez(m): 1:14pm On Jan 25, 2018 |
Keep it up Sir Elumelu...God bless you |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by Nowenuse: 1:15pm On Jan 25, 2018 |
May God continue to bless and enlarge him. I wonder why people like this do not contest for presidency. |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by AvailableCofOLa(m): 2:57pm On Jan 25, 2018 |
These are the likes of Technocrats we need as our political leaders. |
Re: Elumelu Seeks More Int’l Support To Boost Entrepreneurship In Africa by CioAngels(f): 7:26pm On Jan 25, 2018 |
Mr Elumelu, kindly tell IKEDC to please stop giving me fictitious bills because i'm tired of been used to enrich the rich. I use a fan, tv, fridge and 8bulb and i'm billed 4 to 6 thousand naira monthly without having a bakery. I did not know one is penalised for paying promptly and that the more you pay your bills the higher your bills becomes monthly. I think this is not right that i have always paid the fictitious bills for darkness until recently i realised i am been stolen from. I believe you run a business with the best practise. Please tell those that are concerned to stop stealing from my pocket money. |
(1) (Reply)
Happy 50th Birthday: Mallam Sanusi Lamido Sanusi-31/07/2011 / Learn From My Experience On Fiverr-- Lecture 01 / Current Prices Of Rod And Cement In Nigeria
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34 |