African businessman and investor, Tony Elumelu, was honored with a Lifetime Achievement Award on April 21, 2016, at the 5th edition of the National Council of Employers, General Confederation of Enterprises of Côte d’Ivoire (CGECI) annual forum Academy 2016 in Abidjan, Côte d’Ivoire.
Mr. Elumelu was honored for his leadership and key role as an African business champion. The event was attended by over three thousand delegates across Africa including top government officials, business leaders, established and aspiring entrepreneurs.
In attendance at the event were notable personalities like the Prime Minister of Côte d’Ivoire, Daniel Kablan Duncan, and the Prime Minister of Mauritius, Sir Anerood Jugnauth, among other business leaders and senior government officials.
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Tony Elumelu who is the Chairman of African investments company, Heirs Holdings, UBA Plc and Transcorp Plc, addressed guests at the event, delivering a keynote speech where he advocated for the collaboration of the private and public sectors to create value in the global competitive business landscape.
Elumelu also addressed the entrepreneurs, urging them to seek opportunities to accelerate their business success — including through The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).
TEEP is his 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create one million jobs and add $10 billion in revenues to Africa’s economy. So far, seventeen (17) entrepreneurs from Côte d’Ivoire have received grants and training from the programme.
The annual economic forum, CGECI Academy, since its initiation in 2012 by the Ivorian National council of Employers, has provided a platform to raise awareness among African entrepreneurs about existing sources of capital and investors available to help grow and develop their businesses.
The forum seeks to change the paradigm of access to finance in Côte d’Ivoire, creating a platform for sharing experiences and expertise. It also aims to present the Ivorian private sector to regional and international partners and highlight the achievements and the opportunities within it.
United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York.
From a single country operation in Nigeria, Africa’s largest economy, UBA has evolved into a pan-African provider of banking and related financial services, to more than 8 million customers, through diverse channels globally.
Other activities during the event include the announcement of the yearly business plan competition and a segment dedicated to sharing the experiences and testimonials of entrepreneurs.