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Tony Elumelu Foundation to host over 5,000 African entrepreneurs at its annual Entrepreneurship Forum

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By Our Reporter

The Tony Elumelu Foundation (TEF), Africa’s foremost champion of entrepreneurship, will host its 5th Annual Forum — the largest annual gathering of African entrepreneurs – on July 26 – 27, 2019. The two-day event will take place at the Transcorp Hilton Hotel in Abuja, Nigeria.

The Forum is the culmination of the annual Tony Elumelu Foundation Entrepreneurship Programme, which this year mentored, trained and seeded over 3,000 young Africans, selected from over 216,000 applicants. The event provides a unique opportunity for young women and men, from all 54 African countries, to meet, learn and network with the broader African and global entrepreneurship ecosystem. It is also a critical opportunity for political leaders and policy makers to meet, face to face, a new generation of African business leaders, who are transforming Africa’s economic trajectory.

Keynote speakers at the highly anticipated Forum include His Excellency Paul Kagame, President of Rwanda, and His Excellency Macky Sall, President of Senegal, who will join Tony O. Elumelu, CON, TEF Founder and Chairman of Heirs Holdings and the United Bank for Africa (UBA) in an intimate open house discussion. The Presidential Convening is a highlight of the Forum, allowing the African entrepreneurs in attendance to closely engage with political leaders, to give first hand testimony of the important role government can play in catalysing growth and encouraging business ambition.

The Forum agenda includes masterclasses and panel discussions with leading speakers and sector experts, from Africa and globally, who will engage attendees in specialised training sessions to share insights, deepen their knowledge and refine their skills. The Forum will also feature a pitching event, where select entrepreneurs will deliver exciting presentations on the goods and services they provide to a distinguished judging panel.

The forum will bring together leading policymakers, business leaders, development agencies and the entire entrepreneurship ecosystem including alumni of the Foundation’s Entrepreneurship Programme.

Last year, a significant highlight was the launch of TEFConnect, the digital networking platform for African entrepreneurs, which provides a unique digital hub for the African entrepreneurship, facilitating networking, mentorship and most importantly business beyond borders.

Previous Forums have been headlined by African leaders, including President of Ghana, HE Nana Akufo-Addo, President of Kenya, HE Uhuru Kenyatta, Former President of Nigeria, HE Olusegun Obasanjo, Former Prime Minister of Benin and TEF Advisory Board Member, HE Lionel Zinsou, Vice President of Nigeria, HE Prof. Yemi Osinbajo.

The Tony Elumelu Foundation’s determination to bring change in scale, across Africa and its relentless focus on entrepreneurship is rooted in the inclusive philosophy of Afri-capitalism, created by its Founder, which recognizes economically empowering Africa’s youth — the continent’s future wealth creators — and thereby creating sustainable economic and social wealth, as one of the most pressing issues of the 21st century. In 2015, the Foundation committed $100 million to empower 10,000 entrepreneurs from across the continent, over 10 years. Now in the 5th year, the Foundation has funded, mentored and provided business management training to over 7,500 start-ups and small businesses, from all 54 countries in Africa.

“The TEF Entrepreneurship Forum will not just convene the most important stakeholders in the African entrepreneurship ecosystem, it provides an opportunity for everyone to make a commitment to advance entrepreneurship and scale the impact of our entrepreneurs if we are to accelerate the development of the continent,” TEF CEO, Ifeyinwa Ugochukwu said.

She added: “We are constantly inspired by the stories we receive from our entrepreneurs who are creating jobs, employing people and impacting their local communities and ultimately, the continent. We believe that these entrepreneurs are our future. Invest in them now and reap the Africa of our dreams tomorrow. This is what we are committed to.”

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Companies

StarTimes wins “Africa Best Content App” at Digital Impact Awards Africa 2019

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The grand finale of the 6th annual Digital Impact Awards Africa 2019 (DIAA) was on 20th September 2019 at Mestil Hotel in Kampala, Uganda. Under the theme “Include Everyone”, The Digital Impact Awards Africa is a platform that promotes Digital inclusion, financial inclusion and cyber security.

DIAA is Africa’s most important gathering of C-Level Executives, and Senior Digital and IT executives. The event was a climax of the Include Everyone- Digital and Financial Inclusion Summit which explores the strategic trends and technologies that are shaping the future of Digital, IT and business. The DIAA seek to recognize, celebrate and appreciate different individuals and organizations that are spearheading the use of digital mediums to better serve their communities. The awards had 16 Uganda categories and 6 Continental categories. There was a jury/research panel assessment and public survey/vote to determine eventual winners. StarTimes was nominated in two categories; Africa Best Content App (Africa), and Disruptive Innovation (Uganda).In the ‘Africa Best Content App’ category, the StarTimes ON App was up against Kwese iflix, DSTV Now and Netflix. StarTimes won the accolade!While in the ‘Disruptive Innovation’ category, the StarTimes ON App was running against MTN MoMoCard, SafeBoda Pairing, Citimasta App, Standard Chartered Bank, and YO TV who won this award. The StarTimes team was very happy to receive the news that they were the winner of the Africa Best Content App-StarTimes ON at the DIAA 2019.

CEO, Mr Franklin Wang (Left), Miss Cleopatra Koheirwe (Centre) and Marketing & Brand Director- Mr Lule Isma (Right)

StarTimes CEO, Mr Franklin Wang said: “It was a tough competition! We were nominated alongside other equally successful companies so it is a great honor winning this award. We thank our customers for their support and DIAA for the recognition.” StarTimes had a lot more reason to celebrate because as they were winning at the DIAA 2019, they were also winning at the 10th annual People’s Choice Quality Awards 2019 that were being held at Hotel Africana. These awards recognize excellence in service, and quality in product. The Awards were given based on a survey done by Muyz Plus Advertising International between January and April 2019 in 5 regions in Uganda: Western, Northern, Central, Eastern, and Kampala. The survey was done in accordance with the Uganda Bureau of Statistics population census geographical data. The People’s Choice Quality Awards recognized more than 20 brands for being exceptionally good at what they do. StarTimes was announced as the Best Pay TV in Uganda, and was awarded by the State Minister for Trade, Hon. Michael Werikhe Kafabusa who was the guest of honor.Mr Franklin Wang, the CEO of StarTimes said, “We are so honored to receive this award. Our team puts in the work to make sure the public gets great service.

We thank our customers for their support because without them, we would not be here. Thank you People’s Choice Awards for acknowledging and appreciating our services.”The StarTimes ON Mobile AppStarTimes ON is StarTimes’ official App providing video streaming service of 70+ LIVE TV channels, exclusive LIVE football matches (StarTimes Uganda Premier League (SUPL), UEFA Europa League, Bundesliga, French Ligue1, and online videos, catch up, short videos, plus TV guide of all 400+ channels on StarTimes’ digital TV platform. The StarTimes Mobile Application which can be downloaded for free on the Google Play Store and Apple App store offers viewers over 70 channels.StarTimesStarTimes is the leading digital TV operator in Africa, serving nearly 20 million users with a signal covering the whole continent and a massive distribution network of 200 brand halls, 3,000 convenience stores and 5,000 distributors. StarTimes owns a featured content platform, with 480 authorized channels consisting of news, movies, series, sports, entertainment, children’s programs, etc. The company’s vision is “To ensure that every African family can access, afford, watch and share the beauty of digital TV”. StarTimes achieves this by combining satellite and terrestrial DTV systems as well as OTT services to provide an open and secure digital wireless platform. The company provides a robust signal transmission service for public and private broadcasters, offers consumers outstanding Pay-TV programs, mobile multimedia, wireless Internet connectivity and convenient online services.

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Local Business

Airtel named Uganda’s top tax contributor

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Airtel Uganda has been awarded Uganda’s Largest Tax Payer and recognised for their compliance in remitting taxes to Uganda Revenue Authority (URA).

The announcement was made during the Uganda Revenue Authority 14th Taxpayers Appreciation Awards – 2019 held in Kampala on Friday.

Airtel Uganda paid Shs136 billion in the financial year 2018/19 winning the Excel Award for the year.

“Airtel has contributed over Shs136 billion in the financial year 2018-19 making it the biggest contributor of income tax in the last financial year,” a statement from Uganda Revenue Authority read in part.

Handing over the award, the Minister of Finance Hon. Matia Kasaijja congratulated Airtel upon the achievement and lauded the company for their contribution towards the development of Uganda through tax.

Mr. V.G. Somasekhar, the Managing Director of Airtel Uganda, thanked Uganda Revenue Authority for recognizing their contribution to the company’s GDP and the work they are doing to remain complaint. He also thanked Uganda Communication Commission, Ministry of Information Communication and Technology and the Government of Uganda for the support rendered to Airtel.

“It is an honor for Airtel to be recognized as the largest tax payer in Uganda. We are thankful to our customers and partners who have made Airtel their network of choice,” he noted.

“We believe leadership is a responsibility – one that we have happily taken on and this recognition is yet another milestone and an affirmation that Uganda has noticed. We remain committed to the leadership of the telecommunications sector and compliance is an integral aspect of that commitment,” he added.

The award comes on the heels of the company’s massive investment in innovation, network and infrastructural expansion.



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Local Business

Homes and Property Expo set for November

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Edwin Musiime leads Hon. Chris Baryomunsi and his entourage during the inspection ceremony at Homes and Property expo.

Edwin Musiime leads Hon. Chris Baryomunsi and his entourage during the inspection ceremony during last year’s Homes and Property expo.

By Our Reporter

The Homes and property Expo returns this November in a huge way.

For all the interior design enthusiasts and modern construction trend fans , the Sheraton Kampala gardens will be the place to be come November 15th, 2019.

The Homes and property Expo which is returning for the 12th edition will be a 3-day event running from the 15th to 17th of November.

The expo, that is organized by Crest Group Limited, is a one stop shopping point and information hub for all things construction and real estate, a number of property developers, realtors, construction companies, building material distributors, interior designers, landscapers, and so many others participating.

There are lots of prizes to be won, and a variety of discounts on selected items, that will be available for sale during the expo.

“I believe real estate in the long run is an industry worthwhile our investment at National and individual level. So we call on all Ugandans, new home owners and prospect real estate owners to come to this year’s Home and property expo. There are plenty of minds to tap into and it’s a great networking place,” Edwin Musiime, CEO Crest Group Limited explains.



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