Tony Elumelu at #NGA79: Driving Financial Inclusion, Tackling Global Hunger, Unemployment New York, the United States | THE INDEPENDENT | Tony Elumelu, Group Chairman of United Bank for Africa (UBA) and founder of The Tony Elumelu Foundation, used his platform at the 79th United Nations General Assembly (UNGA) in New …
Read More »27 Ugandans win Tony Elumelu funding support for 2024
Kampala, Uganda | THE INDEPENDENT | A total of 27 Ugandans have won funding support amounting to US$5, 000 (approx.Shs20million at current exchange rate) for the 2024 10th cohort, lower than over 209 winners for 2022, the Foundation’s chairman announced on March 22. Hoziana Niyonsaba Ssemanda, the head of marketing and …
Read More »TEF, EU partner to transform economic empowerment of African women
Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …
Read More »UBA Group appoints new deputy MD for Africa
Kampala, Uganda | THE INDEPENDENT | Nigerian-based United Bank for Africa Plc. has appointed Oliver Alawuba as deputy Managing Director in charge of Africa businesses. The lender operates in 20 African countries including Uganda. Also appointed is Ayoku Liadi as deputy managing director in charge of UBA Nigeria. The lender …
Read More »Covid-19 presents opportunity to reset Africa- Elumelu
Kampala, Uganda | Isaac Khisa | Coronavirus pandemic currently ravaging the entire world presents an opportunity to reset the African continent so that the African population can be empowered to become more productive and self-reliant, according to the United Bank for Africa Plc. Chairman and Founder, Tony Elumelu. Elumelu, who spoke …
Read More »UBA to offer Uganda with US$150,000 as COVID-19 relief support
Kampala, Uganda | Isaac Khisa | Uganda government is set to receive US$150,000 from the pan-African lender, United Bank for Africa, as part of its efforts to stem the effects of the devastating coronavirus. The support is part of the US$14 million kitty that UBA has announced through its UBA Foundation to …
Read More »Government promises support for Tony Elumelu entrepreneurs
Kampala, Uganda | Julius Businge | Beneficiaries of Tony Elumelu Foundation (TEF) have received good news from Uganda’s Prime Minister Ruhakana Rugunda. Rugunda who met the entrepreneurs recently at his office in Kampala led by United Bank for Africa management team discussed a possible partnership with the government of Uganda. The partnership …
Read More »UNDP partners with TEF to empower 100,000 young entrepreneurs in Africa
Kampala, Uganda | THE INDEPENDENT | The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 …
Read More »UBA founder, Tony Elumelu, urges African leaders to better the continent
Kampala, Uganda | THE INDEPENDENT | Tony Elumelu, the founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and the United Bank for Africa, has challenged African leaders to prioritise the future of the African continent. Giving a keynote address during the Africa Now Conference in Kampala titled ‘The Leadership …
Read More »TEF opens applications for 5th Entrepreneurship Programme
Kampala, Uganda | THE INDEPENDENT | The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. …
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