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Over 200 Ugandans to benefit from TEF Entrepreneurship Programme

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Founder, The Tony Elumelu Foundation(TEF), Mr. Tony Elumelu; Wife to the President of Nigeria, Mrs Aisha Buhari; and  Trustee , TEF; Dr Awele Elumelu,  during launch of 5th cycle of Tony Elumelu Foundation Entrepreneurship Programme held in Abuja.

L-R: Founder, The Tony Elumelu Foundation(TEF), Mr. Tony Elumelu; Wife to the President of Nigeria, Mrs Aisha Buhari; and  Trustee , TEF; Dr Awele Elumelu,  during launch of 5th cycle of Tony Elumelu Foundation Entrepreneurship Programme held in Abuja, Nigeria.

By Our Reporter

The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, Friday announced 3,050 African entrepreneurs, drawn from all 54 African countries, selected to join the 5th cycle of its $100million TEF Entrepreneurship Programme.

The announcement was made at the Transcorp Hilton Abuja, following a presentation of the selection process by Accenture Development Partners.

This year, over 216,000 applications were received, an increase from last year’s 151,000. Nearly 90,000 were submitted by female entrepreneurs, an increase of 45%, illustrating the Foundation’s strategy to achieve greater gender balance.

In Uganda, the number of selected applicants grew from 165 applicants in 2018 to 259 applicants in 2019 with entrepreneurs running businesses majorly in the agriculture and manufacturing industries.

The selected Entrepreneurs will each receive non-refundable $5,000 of seed capital, access to mentors, and a 12 – week business training programme, directly focused on the needs of African entrepreneurs. On July 26 – 27 2019, they will gather at the TEF Entrepreneurship Forum, the largest annual gathering of African entrepreneurs and the entrepreneurship ecosystem on the continent.

TEF Founder, Tony O. Elumelu, CON, who celebrated his birthday on the same day, said: “Every year, we face an almost impossible task – to select 1,000 entrepreneurs, from the hundreds of thousands that apply. Our entrepreneurs are hungry to effect change. We know we are only scratching the surface, we see the depth of entrepreneurial talent, that all of us – government, business indeed African society, must harness to transform our economies and livelihoods. We must rally together to empower them and accelerate the change we want on the continent”.

In her speech, Her Excellency, Mrs. Aisha Buhari, the wife of the President, Federal Republic of Nigeria, commended the Programme’s impact on the continent, charging the selected entrepreneurs to contribute to the advancement of the African continent. “Indeed, I am confident that these Tony Elumelu entrepreneurs will inspire deep confidence and be of immense value not just to Nigeria but to the entire continent,” she said.

Speaking on the announcement, the incoming CEO, Ifeyinwa Ugochukwu, said, “The Tony Elumelu Foundation Entrepreneurship Programme has successfully empowered 7,520 entrepreneurs in its first five years of the 10- year programme.’’

Marking the fifth anniversary of the 10-year programme, this year’s selection includes 2,050 entrepreneurs, supported by the Foundation’s partners in addition to the Foundation’s annual commitment of 1,000, bringing the total number of entrepreneurs empowered by the Foundation to date to 7,520.

“Last year, we launched TEFConnect – the digital networking platform for African entrepreneurs and open to all – to further democratize the access to opportunities for the thousands of entrepreneurs that cannot directly benefit from our Entrepreneurship Programme. This further demonstrates our commitment to empowering our entrepreneurs and our belief that entrepreneurship holds the key to unleashing the true potential of the African continent”, she said.

The Foundation’s growing list of partners includes the International Committee of the Red Cross (ICRC), the United Nations Development Programme (UNDP), the Federal Republic of Benin (Seme City), the Anambra State Government, Indorama, the Government of Botswana and the African Development Bank (AfDB).

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Local Business

Vivo Energy Uganda awarded for its child helmet safety campaign 

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L-R:  Vivo Energy Uganda Managing Director Gilbert Assi, Vivo Group Chairman Christian Chammas, Vivo Energy Uganda Corporate Communications Manager Valery Okecho, Communications Assistant Hilda Tushabe, Vivo Energy Namibia MD Edward Walugembe and Group Executive Vice President for East & Southern Africa, Hans Paulsen receiving the award.

L-R: Vivo Energy Uganda Managing Director Gilbert Assi, Vivo Group Chairman Christian Chammas, Vivo Energy Uganda Corporate Communications Manager Valery Okecho, Communications Assistant Hilda Tushabe, Vivo Energy Namibia MD Edward Walugembe and Group Executive Vice President for East & Southern Africa, Hans Paulsen receiving the award.

By Our Reporter

Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, has been awarded Vivo Energy Group’s Reputation Builders Award for its behavioural change campaign titled, ‘Heads Up!’

Vivo Energy’s Reputation Builders Award is awarded to a project or team that has made a significant contribution to improving the reputation of Vivo Energy with external stakeholders.

‘Heads Up!’ was launched in 2019 with an aim of creating awareness about the probable dangers that school children using public motorcycle transportation, commonly referred to as ‘boda bodas’, face during their daily commute to and from school ; mostly without the required safety helmets.

The partnership between Vivo Energy Uganda and Safe Boda Uganda saw both companies donate child helmets to 12 public schools in high traffic areas of Kampala.

School heads distributed and managed their use among their respective pupils that use motorcycle transportation to attend school.

Announcing the award at the Group’s annual Leadership Conference, the Vivo Energy Group Head of Communications, Rob Foyle said, “The annual Vivo Awards are important as they allow us the chance to both celebrate success, and also recognise and reward some of the best work that’s completed all across our company. Congratulations to team Uganda for winning this award.”

Vivo Energy Uganda Managing Director, Gilbert Assi said, “This is a great honour for our company and for our Corporate Communications team, which is in charge of managing Vivo Energy Uganda’s reputation with all stakeholders through socially impactful community initiatives in education, environment and road safety.”

“Creating safe road users also requires that we increase public awareness about their role in enhancing their own safety. We hope that this campaign will continue to inspire the introduction and enforcement of policy to address regulation of safe transportation of children using motorcycle transportation to and from schools,’’ he added.

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Companies

MTN Uganda Rewards the First Winners of new campaign “MoMoPay Trolley Dash”

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By Reporter

MTN Uganda today started its MoMo Pay trolley dash campaign rewarding it’s first three winners each with 1 million worth of goodies at Ntinda based Fraine supermarket. The telecom giant last week announced it will reward 20 customers who are paying for their goods/services using MTN MoMoPay.

Wycliff Bamulanzeki, John Masembe, Ayiko Rogers, Sharon Tumusime, and Florence Amoit were the first winners of the new campaign however only Masembe, Tumusime, and Amoit were present today.

The trio participated in a UGX1 million trolley dash at Fraine Supermarket. Each took turn to shop their interest in a time period of 1 minute with conditions not to break anything or exceed UGX1 million.

On their thoughts of cashless payment, the trio commended MTN for introducing that ease payments. Quote, “this easy, fast and convenient.” For Mr. John Masembe he further stated that nearly 90% of his payments are through MoMoPay.

MoMoPay is a year old since its introduction in Uganda. And so far have over 80,000+ merchants from supermarkets, pharmacies, restaurants, hardware shops, fuel stations, among others registered.

MomoPay is to combat the pain experience by customers while making transactions – especially when it comes to customer’s change. Therefore, the telco through MomoPay is simplifying financial transactions by enabling people transact comfortably and conveniently using their mobile phones.

The Transaction

To be in position to use the MomoPay system, one has to be registered to MTN mobile money. Because you will have to pay for the product/service using mobile money at no extra cost. The customers sends money straight to the merchant’s code and all is done instantly.

Using Point of Sale (POS) systems

In supermarket for instance, you can use MoMoPay on POS. Using the scenario of Shoprite, from the POS machine. One selects option to pay using MomoPay. Inserts their mobile phone number, and confirm payment from the phone using mobile money pin.

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Companies

MTN Uganda launches 5G connectivity, first in East Africa and 3rd in Africa with connection

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By Reporter

MTN Uganda has today taken internet connectivity to another level. With fourth-generation (4G) technology still staggering, the leading telecom company in Uganda has introduced 5G connectivity. At an event today at the offices in Kololo, MTN Uganda demonstrated the first live demo of 5G network in Uganda in an event presided over by Prime Minister Dr. Ruhana Rugunda who represented President Yoweri Museveni fulfilling their earlier promise to commercially roll out 5G in before 2020 ends.“5G will make our life better, drive incremental capacity and open up new businesses. MTN as a company is constantly making efforts to break barriers by democratizing voice and data connectivity in order to improve subscriber experience,” said MTN Uganda’s CEO, Wim Vanhelleputte.

It is also expected that with an adequate spectrum allocated to the 5G standard, the increased capacity would result in lower data cost to Uganda.

MTN is working with South Korean firm ZTE the market leaders in 5G. ZTE is already working with operators to out 5+.

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