AFRICA’S POWER COUPLE WHOSE COMMITMENT IN PHILANTHROPY IS IMPROVING A NEW GENERATION OF BIG IDEAS

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Midea Showrooms And Stores In Nigeria

If you’ve been wondering where Midea showroom and stores are in Nigeria below is a list of Showrooms and...

Ankara Styles For Slim Ladies: Top 5 Looks You Must Try! (Pictures)

Today’s fashion of Nigeria shows off plenty of Ankara styles for slim ladies, that will help them to create a...
- Advertisement -
- Advertisement -

Provide a person with a fish and you feed them for a day, show that person how to fish and you feed them for a lifetime!

True philanthropy is where the ROI is hopefully a better world and this is what Africa’s power couple seeks to do; to make the world a better place.

Recently, Founder of the Tony Elumelu Foundation and Chairman UBA Group; Tony Elumelu and his wife Dr Awele V. Elumelu; CEO Avon Medical services were featured on CNN’s Marketplace Africa.

Speaking to Marketplace Africa host, Eleni Giokos, the power couple whose TEF has become one of the largest philanthropic initiatives in Africa, said helping businesses has a significant impact on the economy of a country, a commitment they are prepared to follow through.

When asked why the focus is specifically on entrepreneurs, Awele responds; “We believe that we have to encourage these businesses. We have to make provisions for these businesses to grow in order to grow the economy, in order to provide even other jobs for other people. There’s that ripple effect. One person is providing jobs for a hundred other people, and each of them in return providing jobs for another set of hundred people, and that way, we are developing the economy.

AFRICA’S POWER COUPLE WHOSE COMMITMENT IN PHILANTHROPY IS IMPROVING A NEW GENERATION OF BIG IDEAS

Along with his wife Awele Elumelu, Tony Elumelu aims to create a million jobs within the next decade through his foundation.

He tells CNN: “We’re hoping to create a million jobs through the intervention of these 10,000 young African entrepreneurs. You need to understand that big corporations, per se, don’t really create more jobs. He adds, “What’s important is to have great ideas and we evaluate your ideas. If we think your ideas can be scalable, your ideas can succeed, you’re going to address some of the issues that we face as humanity, your community issues etc., then we support those entrepreneurs”.

Tony Elumelu, told CNN’s Marketplace Africa that his foundation plans to create one million jobs across Africa over the next 10 years and to also create opportunities especially with the recently launched TEF Connect; a digital platform that brings all African entrepreneurs creating a meeting point for investors and entrepreneurs. together.

Great philanthropists are the ones who spend real time in the communities they wish to serve, understanding the external pressures and changing environments that they are operating in, creating opportunities that will bring real change to the communities around them and beyond.

This is the path the amazing duo of Tony and Awele Elumelu are on and this is why they are Africa’s power couple.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

TV Sales Volume of TCL Electronics Remains No.2 in US Market

SHENZHEN, CHINA - EQS Newswire - 14 November 2019 - As a global leading manufacturer of Smart TV brand, TCL Electronics (the...

ECOVACS ROBOTICS’ AI Research Paper Presented at IROS 2019

MACAU, CHINA - Media OutReach - 14 November 2019 - ECOVACS ROBOTICS presented a paper on its 3D Simultaneous Localization and Mapping (SLAM) in service robotics technology...

Challenges Facing Financial Inclusion In Nigeria

Financial inclusion is a term used to describe a population’s reasonable access to affordable financial services. Financial services in this context include a range of...

The State of Financial Services in Sub-Saharan Africa: How Youth in Six African Nations Spend, Save, And Invest – Report

Since the reformation of financial sectors throughout Africa in the 1990s, there has been a focus on economic development in sub-Saharan Africa through the...

More Articles Like This