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Tony Elumelu Foundation Hosts European Commission, Leading Development Finance Institutions and Think Tanks in Brussels

Gbemileke Ajayi

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At a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the Tony Elumelu Foundation brought together leading stakeholders in the development finance sector, at a case study session in the EU capital, Belgium.

The convening demonstrated that Africa also had solutions to bring to the table and platformed the Foundation’s unique approach to catalysing entrepreneurship in scale across the continent.

Themed “A Convening on Africa’s Economic Transformation: A Case Study of the Tony Elumelu Foundation”, the event presented the results of the first five years of the Foundation’s Entrepreneurship Programme a unique programme, which has trained, mentored and seeded 4,470 African entrepreneurs with 3,050 newly announced to receive seed funding, and drawn over 200,000 applications to its 2019 cycle. Tony Elumelu’s $100m investment in entrepreneurial philanthropy was held up as an example of how vital capital could be targeted efficiently and effectively, at African businesses best able to create significant economic and developmental impact.

Opening the event, Mr. Koen Doens, Deputy Director General, DEVCO, EU, said: “Africa needs to create jobs by the millions to match the needs of its exponentially growing population. It will achieve this only if it unleashes a generation of empowered entrepreneurs. The Tony Elumelu Foundation contributes to this massively. The European Union wants to play its part and contribute to this endeavour.”

During an indepth question and answer session with EU-Africa relations expert, Annie Mutamba, Founder, Mr. Tony O. Elumelu CON, highlighted the growing interest in the Tony Elumelu Foundation and its unique approach, while welcoming a new type of intervention in Africa. “We very much believe in collaboration, mutual respect and a shared commitment to transform Africa. Africa is ready but we need to do this through the right sustainable manner, that enables our people to become self-reliant, and independent, instead of perpetuating dependency. We need to implement practical solutions on ground through entrepreneurship, which empower people economically and addresses issues of extremism, migration, and insecurity.”

Minister Phillippe De Backer, Minister for Digital Agenda, Telecommunications and Post, Belgium, also commented: “There is an increasing desire in Europe to engage Africa, including its grassroots in a structure and targeted approach with the right processes. The Tony Elumelu Foundation offers this platform.”

The Tony Elumelu Foundation, which last month in March announced 3,050 selected entrepreneurs for its 2019 cycle, continues to grow in scale, ambition and impact, and now actively leverages technology to support entrepreneurs through TEF Connect – a digital hub designed to link entrepreneurs across Africa, and which already has 500,000 users.

On the Foundation’s future plans, he stated: “We want to make sure that we impact more, reach more, touch more lives and get more women involved. We want to see more Northern Africa participation. We would like to reach 10,000 a year, with support from partners to empower additional entrepreneurs. We want to eradicate poverty and create wealth in a sustainable way. Ultimately, \we want a larger and broader entrepreneurship ecosystem, that supports young Africans, and we want to deepen our engagement with government to create the enabling environment to support these Africans to succeed – the right investment climate, training, education, access to capital and most importantly creating the right investment culture.”

Other dignitaries at the event included: Carl Michiels, Director, European Centre for Development Policy Management (ECDPM); Bruno Wenn, Former CEO/Chairman at DEG-German Investment and Development Company, and Advisory Board Member, Tony Elumelu Foundation; Mr Viwanou Gnanssougou, Assistant Secretary General, African, Caribbean and Pacific (ACP) at the European Council of the European Union, and Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation.

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Tony Elumelu Donates Technology Centre To AAU

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Chairman of UBA Group, Tony O. Elumelu, has made the donation of a multipurpose information technology center to his alma mater, Ambrose Ali University.

Through the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc (UBA), Elumelu has championed the construction of a state-of-the-art multipurpose information technology building, which will benefit the students of Ambrose Alli University in Ekpoma, Edo State. The hall, to be named The Tony O. Elumelu multipurpose hall, is furnished with computers, desks, and chairs measure 839 square meters and have adjoining offices and conveniences.

Elumelu highlighted his motivation: “Education is crucial to Nigeria’s human capital – whether our young people join our national institutions, the private sector or, as I did, take the entrepreneurial path, no one can afford to be cut off from the digital world. It has been a personal mission to ensure that the hall was delivered to specification, for the benefit of the students at the AAU. Success brings with it the duty to give back, and I am just grateful that I am now in a position to meaningfully help the next generation”.

The multipurpose hall was formally handed over to the University, at a ceremony attended by members of the University’s governing council and staff, led by Vice-Chancellor, Prof Ignatius Onimawo.

Speaking at the commissioning, UBA’s Directorate Head, South Bank, Mr. Chris Ofikulu, who represented the UBA Group Chairman, highlighted the contribution of UBA, through its Foundation, to education and development across Africa.

‘As a pan-African bank, operating in 20 countries across our continent, UBA is committed to being a socially responsible institution, and a role model for businesses in Africa. The UBA Foundation actively promotes the socio-economic improvement of the communities in which UBA operates, with a particular emphasis on development in the areas of “Education, Environment, and Economic Empowerment”. We believe in intervening and building capacity within communities, facilitating projects that will act as catalysts for social and economic development’ he stated.

“Tony Elumelu is a product of this great university and is conscious of the need to give back and there is no substitute for world-class educational infrastructure, and this is what has informed the construction of these facilities, that will help equip the future leaders of our great nation Nigeria,” he said.

The AAU Vice-Chancellor, Prof Ignatius Onimawo, who expressed his heartfelt gratitude towards the gesture by the UBA Group Chairman, noted that one of the most pressing needs of the University for 2020 had been met, and thanked UBA and Mr Elumelu.

He challenged students to make proper use of the facilities provided by UBA and to ensure that they emerge great leaders and mentors like Elumelu, whose commitment to catalyzing entrepreneurial growth across Africa, through the Tony Elumelu Foundation, and institutionalizing African philanthropy, had created a strong positive role model. ‘We at Ambrose Ali university are so proud of our son Tony Elumelu and every time we see him doing good across Africa, we feel joy and accomplishment’ said Onimawo.

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Nigerian Bottling Company Appoints Matthieu Seguin As Managing Director

Gbemileke Ajayi

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Non-alcoholic beverage giant, Nigerian Bottling Company Limited (NBC) has announced the appointment of Matthieu Seguin as the company’s Managing Director effective October 3, 2019. Seguin succeeds George Polymenakos who was appointed in August 2016.

Until his appointment, he was the General Manager for Coca-Cola HBC Ireland & Northern Ireland for almost 4 years.

According to a company statement signed by the Public Affairs and Communications Director, Mr. Ekuma Eze, Seguin will lead the organization and it’s over 2,700 employees to deliver growth, business optimization, and profitability for Coca-Cola Hellenic Business in Nigeria.

Eze stated that Seguin is a thoroughbred professional with multi-industry experience and a remarkable track record in business turnaround as well as a strong passion and commitment for people development, having served in different capacities in top management positions.

He further disclosed that Seguin is not new to the company nor the Nigerian business environment, having previously worked in Nigerian Bottling Company as the Commercial Director between 2011 and 2016.

Seguin joined Coca-Cola HBC in December 2009 as Group International Customer Director. In May 2011, he was appointed the Country Commercial Director for Nigerian Bottling Company. Before this, he had worked with Procter and Gamble for almost 18 years in different commercial roles across Europe, Middle East & Africa.

During his time as General Manager for Coca-Cola HBC Ireland and Northern Ireland, Seguin led the organization through a period of considerable success, delivering profitable growth through a focus on prioritization, simplification and team development.

Matthieu Seguin is an alumnus of the INSEAD School of Business, IMD Business School and Ecole de Management de Normandie. He has served on various boards including as Member of Board of Repak Ireland; Member of the IBEC National Council and Chairman of Food Drink, Ireland’s Prepared Consumer Foods Council.

 

Ekuma Eze
Public Affairs and Communications Director

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Aimart Realtors To Reward Customers In Season’ Promo Draws

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Aimart Realtors, one of Nigeria’s premium real estate management and development company, will be hosting the grand finale of her special season’s promo on the December, 14th, 2019. The event which will take place at Air force Officers Mess, No 1 kofo Abayomi Lagos will see winners emerge from various categories of a promo many observers regard as top-notch in this season of a giveaway.

The current Aimart Realtors Promo does not just have huge reductions in the prices of houses and plots of land at all Aimart estates in Ibeju-Lekki and Lagos Mainland, there is a special top-up as customer who makes deposits for any package will smile home with lots of goodies to celebrate this year’s yuletide holidays and new year season.

In a statement issued by the company, the Managing Director Mrs. Oluwabukola Iluyomade, stated that the organization wants to excite all Nigerians during this season as they take advantage of the heavy discount on various packages in all their estates across different parts of Lagos.

In her words, “the vision of Aimart Realtors is to be a one-stop solution in the global real estate business. Besides, we are equally poised to provide precise, accurate and affordable real estate services that guarantee human dignity, wealth creation, and preservation for our esteemed customers.

“As the season approaches, we decided to provide this icing on the cake for all, right from the first day of October we started the promo till this December that we are ending this special promo”

She added that the excitement of this event is meant to wow everyone and set the stage for a bigger, better and fun-filled new year,

Since its establishment years ago, Aimart Realtors has successfully provided client-oriented solutions and real estate portfolios that offer optimized shelters for both individuals and businesses.

Over time, the company has remained consistent with its vision as “a one-stop solution provider in the global real estate business” and thus continues to design, conceptualize, build and manage decent and affordable residential, office, commercial accommodations that are excellent for habitation and investment.

The company has also created a top-notch standard in delivering worry-free-homes to customers at home and in the diaspora. Giving optimum value to virtually all her clients.

In all her jobs and activities, Aimart Realtors has maintained a clean record of delivering exceptional services in all areas of land documentation, survey plan, C of O and gazette processing and these have kept customers coming back with great satisfaction.

Interested customer who desired to end 2019 in grand style with the acquisition of land and homes at affordable prices should contact Aimart realtors on the following 234 1 2932213 +23481280794
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