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Premier Rugunda praises Tony Elumelu Foundation At 2019 Abuja Forum

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By Our Reporter

Uganda’s Prime Minister, Rt. Hon. Dr. Ruhakana Rugunda on Saturday spoke at this year’s Tony Elumelu Entrepreneurship Foundation (TEF) forum in Nigeria’s capital, Abuja.

Rugunda who represented the government of Uganda praised TEF for addressing the mind-set of emerging African entrepreneurs.

“This program is promoting Pan Africanism. It will help to consolidate unity of African take advantage of the Free Trade Area that has been established by our leaders on the continent. We need to give more support and mentorship to them so that they can compete without cultural and property ownership problems that are working as impediments,” Rugunda said.

He added, “And I believe that the Elumelu foundation is a good example of innovatively working out a program which suits the youth and has demonstrated success where almost 5000 young Africans have benefitted from the program. And the program has been so successful that it has attracted partners like our friends from Europe, African Development Bank and many other institutions and indeed, it has also mobilised us in government in Africa to support that program. Therefore, I salute this program because it is going to touch on mind-set change.”

TEF is the brainchild of UBA Group Chairman Mr. Tony Elumelu, with the vision of empowering 100,000 African Entrepreneurs on the African Continent through his foundation.

This year’s forum taking place at the iconic Transcorp Hilton Hotel in Abuja, held under the theme; “Empowering African Entrepreneurs,” exposes African Entrepreneurs to UBA special products and services that will support their business and personal development.

The forum, now in its fifth year featured masterclasses, a dynamic pitching competition, electrifying panel debates, and the Presidential Dialogue. It engaged an audience of 5,000 comprising of start-up entrepreneurs, development institutions and policymakers.

The two-day forum, which was launched on Friday, July 26 and ended on 27th July, brought together over African Entrepreneurs from across the African Continent on an all-expenses paid trip to sell their goods and products to over 5,000 guests at the largest gathering of African Entrepreneurs, policymakers and business leaders in one location.

On Saturday, African leaders including; Rugunda, Felix Tshisekedi, President of the Democratic Peoples Reublic of Congo (DRC), Rwanda’s Paul Kagame, Macky Sall of Senegal and Nigeria’s Muhammud Buhari spoke at the president’s forum. Dr. Akinwumi Adesina, President of AFDB was also at the forum.

On the high risks faced by young people in business, Rugunda said; “I think one of the problems is that we may be transferring models of loans that are for the well to do, imposing them on young people and they find that they cannot copy. So the problem may be more with us other than being with young people. therefore, let us be innovative, look at the young people, interact with them and see what works for them and support.”

Happening on the side-lines of the forum was the United Bank for Africa (UBA) Marketplace.

The UBA Marketplace is an online store that was made physical to pre-launch the TEF forum.

As part of the activities, the event also played host to businesses and business owners in various industries including food, fashion, beauty, home/interior and gadgets.

Through the UBA Marketplace, the foundation hopes to connect over one thousand businesses on the continent to boost intra African trade through this summit that brings together African entrepreneurs, dignitaries and business owners to share ideas on the growth of the African economy.

Inspired by Tony Elumelu’s economic philosophy of Africapitalism and his vision to institutionalise luck and democratise opportunity for a new generation of African entrepreneurs, the Foundation has implemented one of the most ambitious entrepreneurship programmes globally. Selected entrepreneurs from previous years have transformed their businesses and their communities after gaining from the Programme’s 7 pillars: $5,000 in seed capital; business development training; one-on-one mentoring; access to TEFConnect; Pan-African meetups; TEF network.

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Local Business

Jubilee Insurance unveils club for mothers

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Mr Deepak Pandey, the CEO Jubilee Insurance addresses guests during the Jubilee Mum’s Club launch held at the Kampala Serena hotel on Tuesday.

Mr Deepak Pandey, the CEO Jubilee Insurance addresses guests during the Jubilee Mum’s Club launch held at the Kampala Serena hotel on Tuesday.

By Our Reporter

Jubilee Insurance has unveiled a platform where all mothers; aspiring, new and active can freely share about their maternal moments at all extremes of the motherhood journey, from the hurdles to the treasures.

Dubbed the “Jubilee Mum’s Club”, it is expected to bridge the information gap by providing expert information for expectant mothers as it opens up the floor for mothers to engage with doctors, midwives, gynecologists, pediatricians, fitness experts, and various specialists on all topics concerning pregnancy and puerperium, care of the family, parenthood, and the mother’s general health and care, through articles, social media platforms and monthly gatherings for the mothers.

During the launch, the Jubilee Insurance CEO. Mr Deepak Pandey addressed the mothers, doctors and various specialists saying, “Motherhood is a beautiful journey that all women are privileged to walk. And so, to emphasize how precious this journey is, Jubilee Insurance is making sure mothers lack for nothing as they prepare for their little ones. There is no need to take this journey alone, we will hold your hand to the finish line with an extra set of hands.”

“The Jubilee Mum’s Club is part is driven by what’s at the core of our hearts as Jubilee Insurance; Customer satisfaction and well-being to combat maternal mortality and morbidity. For mothers under Jubilee, a 360-care package covering Ultrasound scans, pregnancy tests, blood tests, baby monitoring kits, doctor/midwife consultations and follow-up, training sessions, and a variety of vendors with the best mother-child care products await.” Mr Deepak Pandey added.

Jubilee is partnering with Surgipharm Uganda Ltd, Indulge Maternity Spa and Gym, Lato Milk, Mukwano Industries Uganda, Madrasa Early Childhood Development and Mickey kids collection to provide quality services to the mothers in the club.

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MultiChoice Uganda premieres two short films

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By Staff Writer

Multi choice Uganda last week on Friday premiered two short films.  The two films, “Promise” and “Ensulo” were premiered at the multi choice head offices in Kololo. Each of the one hour films were created in Kenya and will be showing on DSTV, Pearl Magic channel 161.

According to Joan Semanda, PR and communications MultiChoice said the premier of the two short films were in line with both DSTV and GO TV showing support for the Uganda film industry. “WE also encourage young students with passion in film making as either film directors or actors to pursue career as we are here to support them.”

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Local Business

Ugandan cosmetic line, Minama launches new skin care product

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By Our Reporter

Ugandan beauty and cosmetics brand, Minama has released a new skin care product on the market.

The brand’s C.E.O Afsana Pey S.K has announced the release of its Minama skin oil, which goes on the market today, in Uganda and across the continent.

“Minama skin glow oil has really helped many of our clients and myself, particularly for ailments like Acne, blemishes, black spots, scars etc. It also clears your skin and leaves it glowing with that beautiful shine,” she explains.

When asked what was her motivation for setting up the skin care line, Afsana explains that she suffered with skin issues for a long time, and being as there weren’t many solutions available on the market, she decided to start up her own skin care line, whose many other products include lotions, soaps, creams and other cosmetics.

“I know first-hand how bad skin can affect you, especially your confidence, so I started the line to help others and myself. We have more products launching in December, and we can’t wait for all our clients, old and new to get their hands on this skin oil,” she concludes.



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