Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director, Kristalina Georgieva. Elumelu, Africa’s leading advocate of entrepreneurship and whose Foundation has funded, mentored and trained over 25,000 African entrepreneurs since 2015, champions entrepreneurship as...
The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant aimed at empowering 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship programme. The announcement was made in Abuja on Saturday, March 22, by the Foundation’s founder, Mr. Tony Elumelu, who is also the Chairman of Heirs Holdings, Transcorp, and...
The Tony Elumelu Foundation (TEF) will announce the 2025 Cohort of its flagship TEF Entrepreneurship Programme on Saturday, March 22, at 10 AM. Since its launch, TEF has provided over $100 million in direct funding to African entrepreneurs, creating 1.5 million jobs and generating $4.2 billion in revenue. More than two million Africans have been...
The Africa Global Logistics (AGL) group announced on March 10 that its subsidiary Congo Terminal had signed a financing agreement of 150,880,000,000 CFA francs (230,000,000 euros) for the expansion of the container terminal at the Autonomous Port of Pointe-Noire (PAPN). The signing of the agreement was made possible thanks to a banking round led by...
A US fintech delegation, led by the US Ambassador, discussed with the Minister of Economy the expansion of financial inclusion through artificial intelligence and the digitalization of financial services. The executives of the American fintech Azamra, accompanied by the United States Ambassador to Cameroon, HE Christopher John Lamora, were received in audience on Wednesday, March...
This was part of the working visit made on March 15, 2025 by the Minister of State, Secretary General of the Presidency of the Republic, Ferdinand Ngoh Ngoh, to the port infrastructure.The Minister of State, Secretary General of the Presidency of the Republic (SGPR), Ferdinand Ngoh Ngoh, made an important working visit to the Autonomous...
Following an investment of five billion CFA francs in 2024, Africa Global Logistics (AGL) Cameroon is continuing to modernize its fleet with the acquisition of new reachstackers. This latest-generation equipment aims to optimize port operations and improve the country’s supply chain. The year 2025 begins with a focus on logistics reinforcement for Africa Global Logistics...
UBA Cameroon has been awarded the prestigious Best Visa Bank in Central Africa at the Visa CEMAC Client Summit 2025, held in Douala on March 7 2025. This accolade reinforces the bank’s leadership in delivering cutting-edge and digital payment solutions across the region. The award was presented by Ismahili Diaby, Vice President and General Manager for West...
At the first Africa Trade Conference, hosted by Access Bank in Cape Town, business leaders highlighted the importance of strengthened cooperation among African countries to address economic challenges and boost intra-African trade. A call for action was issued to overcome structural, financial, and logistical barriers. On March 12, 2025, Access Bank PLC hosted the inaugural...
