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Tony Elumelu Foundation Announces Final 2,100 African Entrepreneurs for the Inaugural TEF-UNDP Entrepreneurship Programme



European Commission


Signing the TEF-UNDP Entrepreneurship Programme in Niger—Tony Elumelu, Founder, Tony Elumelu Foundation and Ahunna Eziakonwa, UNDP Regional Director for Africa

The Tony Elumelu Foundation (TEF)—the private-sector-led philanthropy focused on empowering African entrepreneurs—has announced a final list of 2,100 entrepreneurs to benefit from the inaugural TEF-UNDP Entrepreneurship Programme. The Programme targets small business owners in rural communities across the 7 Sahel countries of Africa – Nigeria, Niger, Chad, Mauritania, Burkina Faso, Mali and Cameroon.

The successful beneficiaries participated in an intensive business training administered online and in select communities in each country during the Programme. The selected young African entrepreneurs will join the alumni network of the Tony Elumelu Foundation’s flagship Entrepreneurship Programme and will each receive seed funding between $1,500 and $5,000, depending on the size of their business initiative.

The TEF-UNDP Entrepreneurship Programme is a partnership between the Tony Elumelu Foundation (TEF) and the United Nations Development Programme (UNDP) to empower 100,000 entrepreneurs over 10 years across Africa. This mission – to economically empower young African entrepreneurs, create millions of jobs and revenue in Africa, and break the cycle of poverty on the continent – aligns with the purpose of the Tony Elumelu Foundation.

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The selection process of the TEF-UNDP Entrepreneurship Programme, which commenced with a call for applications in July 2019, ended with a pitching competition in various communities in the 7 countries, powered by the United Bank for Africa Plc, while the selection process was coordinated by Deloitte.

Speaking on the announcement, Ahunna Eziakonwa, UNDP Africa Regional Head, said: “Youth employment and economic empowerment are critical for the socio-economic transformation of the Sahel. The sheer size of applicants, 81,000 for the TEF-UNDP Entrepreneurship Programme, demonstrates an urgent need to scale up.  The regeneration of the Sahel is a key priority for UNDP.  We will continue to prioritise initiatives that break down barriers to attaining the full potential of the Sahel – and bring closer to home, the hope for productive lives for Africa’s youth”.


Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, said: “Creating opportunities and giving young Africans hope for a brighter future will reduce poverty, extremism and illegal emigration in Africa. This is why at the Tony Elumelu Foundation, we forge partnerships to enable us to reach more youths and scale our impact to convert the impending demographic doom to economic boom on the continent”.

The Tony Elumelu Foundation will begin accepting applications for its flagship Entrepreneurship Programme on January 1, 2020.




Coronavirus: US Lead China, Italy In Death Toll




America is now leading in the number of dead people from the coronavirus pandemic.

America took the lead from Italy and China where the virus started, before being exported into several countries.

A report on CNN confirmed the position, adding that more men die from the virus than women, adding that in Italy over 70 per cent of the dead where men while 30 per cent were women.

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The report also identified smoking in men and a higher immunity system in women as the reason why more men die than women.

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In line with the collective resolve to fight the COVID-19 pandemic, Fidelity Bank, as a responsible corporate citizen, wishes to join in sharing information with the public as follows;

·Fidelity Bank mandates staff or immediate family member(s) who travel out the country to self-isolate for 2 weeks and obtain medical clearance before returning to work as part of our COVID-19 Preventive and Precautionary Measures.

· This process was activated and strictly adhered to by one of our staff members who returned from holidays in the United Kingdom.

· He was in self-isolation and underwent testing in line with the bank’s policy. The test results returned positive at the weekend and we quickly arranged for him to be moved to the Nigeria Centre for Disease Control (NCDC), where he is currently being attended to by health officials.

·We are in constant touch with him and have been monitoring the situation closely. Our thoughts and prayers are with him.

·Though the staff has not been at the bank since returning from the UK, he however brought some consignments for two other staff which were delivered to them individually.

·We have self-isolated the 2 individuals and sent them for necessary testing. In addition the office where these 2 individuals work, has been temporarily shut and has been disinfected.   Due to the proactive measures taken by the bank, contact tracing within the bank was very swift and conclusive with no customers involved.

·We have also shut down our Federal Secretariat, Abuja Business Office and advised all staff/vendors to self-isolate and go for testing in line with our policy on COVID-19, on account of possible exposure of a vendor staff.

· Apart from the directive on isolation and testing for staff and family members who have had trips abroad within this period, the bank has in place, several other precautionary measures as advised by the World Health Organization (WHO) and other health institutions. They include;

· Body temperature screening of staff and visitors before being allowed access to all our premises

·Wearing of gloves and facemasks by all our frontline staff.

·Reduction in the number of staff expected to come to work. 60% of our staff now work remotely from home.

·Reduction of the number customers allowed at a time into our banking halls to a maximum of 5.

·Encouragement of good personal hygiene and deployment of hand sanitizers at all our office locations.

·Social distancing and abolition of physical meetings and large gatherings

·Deployment of video conferencing and other devices to allow for remote meetings.

Fidelity Bank places a high premium on health and safety. We shall continue to do everything within our means to ensure the health and safety of all, including customers, vendors, staff and indeed everyone who comes into our premises.

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Rivers PDP: Wike Retires Abe, Aguma and Onyesoh as Akawor Emerges State Chair – Eze




… Says all those who betrayed Amaechi will end up in political wilderness

… Blasts Secondus for commending such undemocratic and autocratic Congresses


Chief Eze Chukwuemeka Eze, has described the recently concluded Congresses of the Rivers State chapter of the Peoples Democratic Party as a sham, charade and an enthronement of the will power of Governor Wike, where nobody was allowed to contest for any of the positions unless listed and approved by him. Such an exercise, Chief Eze said, cannot, for all intents and purposes,  be termed a Congress, but a mere demonstration of impunity and an open display of undemocratic and autocratic governance.


In a statement made available to media houses in Port Harcourt, Chief Eze, a former National Publicity Secretary of the defunct New People’s Democratic Party (nPDP), highlighted that Senator Sam Anyanwu, the Chairman of Rivers State PDP Elective Congress Panel exposed the illegality of the exercise when he postulated that “39 Party positions were listed with 39 officials picking forms for each of the post. The entire 39 officials were elected unopposed”, showing that those elected were handpicked even before the election. Can anybody in his right sense accept such charade and kongoaro Congresses, where people were prevented from freely contesting and testing their popularity at the polls as being democratic?  But as sad as this could be, it beats ones imagination to believe that the National Chairman of PDP, Prince Uche Secondus, who was prevented from nominating even a single official in his ward will describe the fraudulent exercise as transparent.


Eze further pointed out that the Congresses have only one aim, which is to throw in an Ikwerre candidate for the 2023 gubernatorial election.


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The key officers of the New State Working Committee of the party with Amb. Desmond Akawor, former Nigerian Ambassador to South Korea and a seasoned Administrator, elected as the new Chairman of the Peoples Democratic Party in Rivers State, coming from Oyigbo local govt area, a place not favourable to PDP in the past elections and located in the South East Senatorial Zone is a deliberate calculation to rule out Senator Magnus Abe or any Ogoni man from the PDP ticket come 2023.


To ensure that Wike’s plot for 2023 is a success, four of the main offices of the new SWC were zoned to the strongholds of the Ikwerres –

Deputy Chairman –  Obio/Akpor

Treasurer  – Port Harcourt

Legal Adviser Obio/Akpor

Woman Leader –  Ikwerre

Youth Leader – Emohua.


The election of the PDP Chairman buries the promise made to Chief Allwell Onyesoh, to the effect that if he decamps to the PDP, he will automatically be made the State Chairman and take over from Brother Felix Obuah, as the CEO of the money making Sanitation Committee of the State. Not minding the high ranking of Onyesoh in the politics of Rivers State, with the situation where he was not allowed to make any input even at his Ward, is a good prove to Onyesoh and his cohorts that Rt. Hon. Chibuike Rotimi Amaechi, whom they have tried in vain to label as undemocratic, is truly a Saint.


Eze postulated that the election or rather selection of the PDP Chairman from the South East Senatorial Zone, where Senator Magnus Abe hails from marks an end to his PDP gubernatorial ambition, as it is settled that APC is no longer an option for him.

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Eze described Governor Nyesom Wike as a political wizard who has the strategy of how to retire seasoned and key politicians from Rivers State and place them as members of his cathedral that follows him around as sheep without any direction or vision.


Eze described as disastrous and scary, Hon. Igo Aguma’s vindictive plot against an innocent man like his mentor and benefactor, Rt. Hon. Dr. Rotimi Chibuike Amaechi, stressing that he has ruined his political career, having secured no place in the PDP.


With the conclusion of the PDP Congresses without any input or consideration of the trio of Abe, Onyesoh and Aguma they are now left in the political wilderness without any body to complain to except probably to themselves for attempting in vain to blackmail the man that brought them to political limelight.


Not minding that Governor Wike used the trio of Abe, Onyesoh and Aguma to decimate the All Progressives Congress in Rivers State, Eze is full of praises for Wike on how he managed to cow and silence them amid the undemocratic tactics deployed during the just concluded Congresses of PDP in Rivers State.


With the exit of these trio from the APC, Eze urged members of the APC to unite and reposition the party for the challenges of wrestling power from PDP, whose mission and vision for Rivers State is inimical and unacceptable to the building of Rivers State of our dream.


Finally, Eze, however commended Governor Wike, PDP Leadership and members of the party for the peaceful conduct of the Congresses, not minding the undemocratic nature and overwhelming shortcomings of the exercise.


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