Hard Work, Resilience, A Long Term Vision And Luck, Everyone Needs A Little Help… Tony Elumelu New Year Message

In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention, hard work is paramount. According to Elumelu in his new year message, has in the past written extensively about the importance of working hard the history and his own experiences show that there is often a large element of success that hard work alone cannot explain. It is simply not true that “you…

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2nd deadliest Ebola outbreak in Democratic Republic of Congo raising new challenges for containment

The second-largest, second-deadliest Ebola outbreak in history has spread to a major city. Butembo, a bustling city of almost a million people in the eastern Democratic Republic of Congo, is reporting an increasing number of cases of Ebola virus disease in the country’s current epidemic. There has been a “significant increase” in infections there over the past three weeks, with a total of 25 confirmed cases thus far, according to the country’s health ministry. Butembo is a key trading and transport hub with links to other major cities in the country as…

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FG Introduces New Sanction Regime On Visitors Who Overstayed

The Federal Government has introduced a new sanction regime against visitors who ‘overstay’ in the country without the necessary approval. The sanction, which depends on the number of days a foreigner overstayed in the country, ranges from $200 (about N72, 000) to $4000 (about N.18 million), depending on the number of days the foreigner stayed in Nigeria. In a statement signed by the Permanent Secretary, Ministry of Interior, explained that a foreigner would be adjudged to have overstayed in Nigeria if he or she exceeded 56 days. The document however…

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Tony Elumelu Foundation, GIZ partner to Empower Young Entrepreneurs across East and West Africa

The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the Tony Elumelu Foundation Entrepreneurship Programme to empower 210 young African entrepreneurs, focusing specifically on female entrepreneurs and tech-enabled businesses. The Entrepreneurship Programme of TEF was launched in 2015, having supported more than 4,000 entrepreneurs with seed capital pan-African wide. The announcement is coming ahead of the largest gathering of African entrepreneurs – The Tony Elumelu Foundation Entrepreneurship Forum – which…

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Entrepreneurship Key to Unlocking Economic Development on Our Continent,” —Tony Elumelu at The Tony Elumelu Foundation Entrepreneurship Forum

5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of African entrepreneurs in the world is a unique opportunity to bring together young business talents, creating dynamic networks and transmitting the message to policymakers that a vibrant and responsible private sector will deliver economic transformation.  Now in its fourth year, the Forum marked the graduation of the 2018 cohort of the TEF Entrepreneurship Programme, following a rigorous…

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