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Tony Elumelu Challenges Japan: Partner with us in Empowering African Entrepreneurs

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Mr. Elumelu’s statement captured his vision of a relationship between Japan and Africa, which prioritises economic and shared prosperity

TOKYO, Japan, August 30, 2019 – Achim Steiner, UNDP Administrator Praises Tony Elumelu’s Private-Sector Led Approach to African Development; President of South Africa, H.E. Cyril Ramaphosa: “If you want really good returns, as Tony Elumelu said, come to Africa”; Elumelu Champions Job Creation in Africa at Breakfast Meeting with President of Rwanda and UNICEF Executive Director.

In an impassioned keynote speech, delivered before global leaders, at the 7th Tokyo International Conference on African Development (TICAD) in Yokohama, Japan, African investor and philanthropist Tony O. Elumelu CON, challenged the Government of Japan to invest 5% of its $50billion commitment to Africa, in empowering African entrepreneurs.

“At TICAD 2016 in Kenya, Japan pledged $30billion for Africa. This year you have generously increased this to $50 billion. If we invested just 5% in Africa’s new generation of entrepreneurs, following my Foundation’s robust, proven model of getting capital directly to those best placed to catalyse growth and create real impact, we could touch 500,000 lives, across the 54 African countries, broadening markets, facilitating job creation, improving income per capita, and laying the key foundation for political and economic stability”, said Mr. Elumelu.

Mr. Elumelu’s statement captured his vision of a relationship between Japan and Africa, which prioritises economic and shared prosperity. He outlined the three key pillars of a bold and transformative structure: investment in infrastructure, partnership with the African private sector, and investment in Africa’s youth.

He urged Japan to learn from the example of the Tony Elumelu Foundation, which champions empowering African entrepreneurs, as the most sustainable means of accelerating the development of Africa. The Tony Elumelu Foundation, in just five years has assisted over 7,500 African entrepreneurs across every African country, with seed capital, capacity building, mentorship and networking opportunities through its $100 million Entrepreneurship Programme.

Elumelu’s advice carried the weight of his track record of business success, founding Africa’s global bank, United Bank for Africa (UBA), which has grown its presence to 20 African countries, as well as in the United Kingdom, France, and the USA; and Heirs Holdings, Africa’s private investment company which actively invests in key sectors of Africa’s economy and controls millions of dollars in its investment portfolio. Together, they employ over 30,000 people and transform the communities they operate in.

“Africa is one of the world’s viable destinations for investment. Our huge population, of nearly 1.3 billion people, creates one of the most attractive markets anywhere in the world. The world is paying close attention to Africa, but is Japan at the centre of this conversation or is it on the sidelines?” he queried.

Mr. Elumelu’s philosophy has become increasingly popular on the African continent, where he is acknowledged as the pioneer of a private-sector-led approach to accelerating development. He repeated the message at the Generation Unlimited breakfast meeting with H.E. Paul Kagame, President of Rwanda and UNICEF Executive Director, Henrietta Fore, with its focus on job creation in Africa, where he emphasised the role the African youth plays in this narrative.

President of South Africa and Co-Chair, TICAD, H.E. Cyril Ramaphosa corroborated Mr. Elumelu’s stance. He said: “If you want really good returns, as Mr. Tony Elumelu said, come to Africa. Africa presents risk-adjusted returns and is a market in which investments are flowing at a hundred billion dollars – that is the new profile of Africa that is being presented to the world.”

Achim Steiner, UNDP Administrator praised Tony Elumelu’s Private-Sector led approach to development in Africa. He said: “I want to refer to my dear friend and colleague Tony Elumelu because he alluded to the vital role that business can also play in investing in the future of the youth. These are the kinds of partnerships that will drive business and development agenda to very different heights in the future”.

Speaking on the potential of the African continent, Prime Minister Shinzō Abe of Japan said: “In Africa, some countries have joined top nations in the ranking on the ease of doing business. The scale of the market continues to expand. We can envision a day when the entire continent of Africa becomes an enormous economic zone.”

Also Read Meet Sivi Malukisa, The Congolese Entrepreneur Whose Food Startup Is Promoting DRC Cuisine

Organised by the Japanese Government, TICAD is a three-yearly forum for advancing Africa’s development through people, technology, and innovation, bringing together government, business leaders, companies and other stakeholders. The event hosted Presidents and private sector leaders including Prime Minister Shinzō Abe of Japan; H.E. Mr. Muhammadu Buhari, President of Nigeria; H.E. Mr. Abdel-Fattah El-Sisi, President of Egypt and Chair of the African Union (AU); H.E. Mr. Cyril Ramaphosa, President of South Africa; and H.E. Mr. Paul Kagame, President of Rwanda and a host of other African Presidents.

The Tony Elumelu Foundation.

Aviation

Qatar Airways Expands Africa Network with Increase in Flight Frequencies

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Qatar Airways Aircraft (Source: YouTube)

Cape Town, Casablanca and Tunis will increase to five weekly flights, while Johannesburg will increase to 18 weekly flights, offering passengers more flexible and reliable travel options

 

Airline’s young mixed fleet of sustainable aircraft has enabled it to continue flying throughout the pandemic and rebuild its global network to more than 800 weekly flights to over 120 destinations via the Best Airport in the Middle East

 

Qatar Airways continues to be the leading global carrier connecting Africa, operating one of the largest and most reliable networks in the region. Having become the largest international carrier during the early stages of the pandemic, the airline has applied its unrivalled knowledge of global passenger flows and booking trends to rebuild its Africa network to 23 destinations and more than 100 weekly flights.

Qatar Airways Group Chief Executive His Excellency Mr. Akbar Al Baker, said: “We are proud to be the leading international carrier connecting Africa with Asia-Pacific, Europe, the Middle East and the U.S., offering more flexible travel options and a global network of flights that passengers, trade and business partners can rely on. Having launched three new destinations in Africa with Abuja, Accra and Luanda joining our network in 2020, we continue to demonstrate our commitment to the region by adding new routes and steadily increasing frequencies across the continent. With the resumption of Alexandria and Cairo, we will operate over 100 weekly flights to and from Africa with connections via the Best Airport in the Middle East, Hamad International Airport, to our global network of over 120 destinations. As global travel recovers in 2021, we look forward to further expanding our network and offering more connections to and from Africa.”

In line with the airline’s steady rebuild of its Africa network, Qatar Airways plans to increase frequencies to the following destinations:

  • Alexandria (two weekly flights resumed 25 January)
  • Cairo (up to 16 weekly flights resumed 18 January)
  • Cape Town (increasing to five weekly flights from 1 February)
  • Casablanca (increased to five weekly flights from 21 January)
  • Durban (increasing to three weekly flights from 14 February)
  • Johannesburg (increasing to 18 weekly flights from 26 January)
  • Maputo (increasing to three weekly flights from 14 February)
  • Tunis (increased to five weekly flights from 24 January)

The national carrier of the State of Qatar continues to rebuild its network, which currently stands at over 120 destinations with plans to increase to over 130 by the end of March 2021.

Qatar Airways has become the first global airline in the world to achieve the prestigious 5-Star COVID-19 Airline Safety Rating by international air transport rating organisation, Skytrax. This follows HIA’s recent success as the first airport in the Middle East and Asia to be awarded a Skytrax 5-Star COVID-19 Airport Safety Rating. These recognitions provides assurance to passengers across the world that airline health and safety standards are subject to the highest possible standards of professional, independent scrutiny and assessment. For full details of all the measures that have been implemented onboard and in HIA, please visit qatarairways.com/safety.

Passengers can book flights with peace of mind, knowing that Qatar Airways offers unlimited date changes and fee-free refunds for all tickets issued before 30 April 2021, for travel completed by 31 December 2021. The carrier’s industry-leading flexible booking policy also provides the permanent feature of exchanging tickets for a travel voucher with 10% additional value for all customers booking travel via qatarairways.com. For full terms and conditions visit qatarairways.com/Flexibility.

A multiple award-winning airline, Qatar Airways was named ‘World’s Best Airline’ by the 2019 World Airline Awards, managed by Skytrax. It was also named ‘Best Airline in the Middle East’, ‘World’s Best Business Class’, and ‘Best Business Class Seat’, in recognition of its ground-breaking Business Class experience, Qsuite. The Qsuite seat layout is a 1-2-1 configuration, providing passengers with the most spacious, fully private, comfortable and social distanced Business Class product in the sky. Qsuite is available on flights to more than 45 destinations including Kuala Lumpur, London, Melbourne and New York. It is the only airline to have been awarded the coveted ‘Skytrax Airline of the Year’ title, which is recognised as the pinnacle of excellence in the airline industry, five times.

Issued by Qatar Airways

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Press Release

Business Africa Online Announces Its Strategic Advisory Board

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Business Africa Online (BAO) Board Members – Joy Harrison-Abiola, Amb. Olivier Arrindell and Prof. Remi Duyile

Business Africa Online very pleased to announce that Joy Harrison-Abiola, Amb. Olivier Arrindell and Prof. Remi Duyile recently joined its Strategic Advisory Board on the 15th of January 2021. Mrs. Joy Harrison-Abiola is a legal management professional with about 23 years’ experience in the legal industry. Currently, she is the Practice Administrator of a leading law firm in Nigeria, Adepetun Caxton-Martins Agbor & Segun (“ACAS-Law”). Amb. Olivier Arrindell was the Managing Director of Financial Planning, Investor Relations, & Corporate Planning for Grace Aviation Holdings, LLC, and in December of 2019 was appointed as the CEO of Ava Airways by its Board of Directors. While Amb. Remi Duyile who was recently appointed into the Forbes Coaching Council is a seasoned Mentor, business owner and an influence strategist who is passionate about helping people maximize their potentials.

They join Business Africa Online in an exciting and challenging times as we continue to drive our omni-channel forward and build deeper relationships with our critical stakeholders to fulfill our vision of enabling emerging leaders and businesses especially in Africa.

“We are confident they will provide valuable perspectives as we continue to execute our strategy, build an agile brand and make greater impact.  We look forward to their contributions and are excited they chose BAO” said Alaba Ayinuola, Business Africa Online Founder and CEO.

Get to know them better in this recent interview.

Mrs. Joy Harrison-Abiola

Could you briefly tell us about yourself and current engagements?

My name is Joy Harrison-Abiola. I am a legal management professional with about 23 years’ experience in the legal industry.  Currently, I am the Practice Administrator of a leading law firm in Nigeria, Adepetun Caxton-Martins Agbor & Segun (“ACAS-Law”). I am very passionate about leadership and business best practices. In 2008, I was instrumental in putting together the first law firm management development program (MDP) at the Lagos Business School (LBS) Pan-African University in collaboration with the Association of Legal Administrators (ALA) Lincolnshire Illinois USA. I serve in the leadership of the International Relations Committee of ALA.

I am a Fellow of the Institute of Strategic Management Nigeria (ISMN). I am serving a two-year term as the President of the Association of Law Firm Administrators, Nigeria (“ALAN”). I started off my career about 25 years ago writing copy for an advertising company. Today, I still enjoy writing a great deal. It is therapy for me – Presently, I am a columnist with Thisday Newspaper. I am married with two sets of twins.

What excites you about our organization and attracted you to join our Board?

The entrepreneurial spirit BAO exudes, embodied in its founder is attractive. BAO is very future focused. That is also attractive. What is also attractive is its social impact agenda, its concerted efforts at collaboration and bringing together different segments of the society. Last but not least, its Pan-African focus – I am a strong advocate of preserving what is beautiful in our heritage even as we embrace globalization.

You are joining at a particularly challenging times (global pandemic) What are your expectations in terms of growth?

Crisis provides a good backdrop to excel. It puts values and vision to the test yes but its also a good time to thrive. I am optimistic.

What is your view on entrepreneurship as a catalyst for Africa’s development?

Entrepreneurs think differently. They have a mentality that can turn trash to treasures. Entrepreneurship, innovation, are therefore critical to any country’s economic development; and certainly Africa’s. Africa is the last frontier for global growth. Entrepreneurship will prise open sectors such as agriculture, mining, trade, tourism, financial sector etc. Entrepreneurs are playing an important role in creating wealth and reducing the unemployment rate in Africa. Entrepreneurship will enhance the standard of living of our people   Botswana and China are good examples to reference – It is a viable developmental agenda for Africa to pursue.

How do you relax outside work and what books do you read?

I love listening to Jazz music – John Coltrane, Louise Amstrong, Nat King Cole, Asa, Sade Adu, Bez, Michel Buble, etc. Leadership books – Robin Sharma, John Maxwell, Dale Carnegie, Steve Murrell, etc. and of course my Bible.

Amb. Olivier Arrindell

Could you briefly tell us about yourself and current engagements?

Olivier Arrindell was the Managing Director of Financial Planning, Investor Relations, & Corporate Planning for Grace Aviation Holdings, LLC, and in December of 2019 was appointed as the CEO of Ava Airways by its Board of Directors. In this role, he is responsible and accountable to the Board of Directors for carrying out his duties and possesses a demonstrated track record in interacting with a policy board. Mr. Arrimdell plans, coordinates, directs, and is responsible for all activities associated with the operation of Ava Airways and its related economic development activities.

During his career, Mr. Arrindell has been instrumental in several initiatives including the development of Antigua & Barbuda’s new International Airport and many others, in addition, he has led the communications efforts around Grace Aviation’s company’s investment negotiation with investment partners and debt offerings. Most recently, he played a key role in the development and communication of Ava Airways balanced capital deployment strategy plan for its commercial airline plans which have resulted in favorable terms and conditions through a dividend principle policy.

What excites you about our organization and attracted you to join our Board?

What attracted me to your organisation is the fact that it is under the management and lead by young bright Africans. One of my goals is to give guidance and support Africans, Diaspora, Investment and community.

You are joining at a particularly challenging times (global pandemic) What are your expectations in terms of growth?

The current global pandemic is relevant to the growth and situation. I believe the expectation should organic. That’s growing organically regardless the pandemic. There are opportunities in challenging times.

What is your view on entrepreneurship as a catalyst for Africa’s development?

I believe that entrepreneurship is the machine that will move Africa forward. Government and African leaders should support the development of these entrepreneurs with policies that support the ecosystems.

Prof. Remi Duyile

Amb. Remi Duyile is a seasoned Mentor, business owner and an influence strategist who is passionate about helping people maximize their potentials. Remi’s unique value proposition is her ability to excel in Corporate America to the pinnacle of her career and transition to a successful serial entrepreneur with intentional impact. She enjoys the support of her loving husband and friend of 28 years plus and their adorable grown children of repute.

Remi is a certified trainer, Les Brown Platinum Speaker, and a member of the Forbes Coaches Council. She is also an author of the book titled “Perseverance the winning key to your destiny”

She has invested in herself in the area of human capital and personal development from a successful corporate executive who was the cynosure of eyes due to her commitment to mentorship and career growth of others to better serve the needs of individuals and business leaders in quest of growth and sustainability in their life journey. 

Remi is a certified human behaviour consultant with specialization in the DISC personality profile assessments for individuals, professionals, businesses and religious organizations.

She currently serves as a commissioner in the great state of Maryland USA, sits on several local and international boards in influential capacities for impact.  Member of the National Coalition of 100 Black women and other Notable associations. As a serial entrepreneur with social impact, she doubles up as President and CEO of Image Consulting Group and Founder of Legacy Premier Foundation in the USA.

Remi’s passion, dynamism, energy and the power in her story is evident in all her engagements with her clients. She is so fired up to helping develop leaders with succession and transformational leadership mindset so they can fulfil purpose, pay it forward and leave a legacy.

She is an example of faith, hard work, perseverance leading to countless blessings. Remi enjoys the support of her loving and supportive husband with her amazing adult children.

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CEO Corner

talabat, MENA leading food and grocery delivery app appoints Hadeer Shalaby as Managing Director

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Hadeer Shalaby, new Managing Director talabat Egypt (Source: talabat)

talabat, the region’s leading food and grocery delivery app, has appointed Hadeer Shalaby as the new Managing Director of talabat Egypt. She will be replacing Sofiène Marzouki, who has been in the role of interim Managing Director since January 2020, who will be returning to talabat’s Dubai headquarters to take on a challenging new role at regional level. 

Shalaby will continue to drive talabat in the Egypt market, placing key emphasis on customer experience, supporting our restaurant partners, q-commerce, as well as working hand-in-hand with the government on many initiatives, including rider safety and the continued digitisation of the food and beverage sector.

Sofiène Marzouki, talabat Egypt’s outgoing MD said, “I’d like to take a moment to appreciate our whole ecosystem; our customers, restaurant partners, riders, our employees, and the Egyptian government. This past year has been challenging for everyone, with the COVID-19 pandemic, and I have been very privileged to steer an organisation which has helped to keep many families safe, who rely on talabat to make a living.” 

Shalaby brings a phenomenal record of leading tech companies in Egypt, founding Taxi El Sa7el, the first ride-hailing startup in Egypt back in 2014. In the same year, she then moved on to join Careem as the Founder & GM of Careem Egypt, when they acquired Taxi El Sa7el. Most recently, she had been leading Careem Bus regionally, leading teams in Egypt, UAE and Pakistan. 

Speaking about her appointment, Shalaby said, “Firstly, I would like to thank Sofiène for successfully steering the organisation through the COVID-19 pandemic, rebranding Otlob to talabat as well as collaborations with the government around digitisation of the F&B sector, and creating employment opportunities for Egyptian youth.

These are exciting times for talabat, and moving forward, I want to continue to focus on growth particularly with grocery and pharmacy essentials, as well as continue to create an overall seamless experience for our ecosystem – for our customers, riders, government, restaurant partners as well as the communities in which we operate.’

Toon Gyssels, talabat’s Chief Operating Officer is looking forward to seeing how the organisation will further evolve under Shalaby’s stewardship, and how she will continue to be a role model to aspiring female tech entrepreneurs.

‘We are very excited to continue to attract local top talent to talabat, and we’re proud to say that now, three out of our eight country heads are female. As part of the up-and-coming generation of amazingly talented female entrepreneurs in the private sector in Egypt, we’re looking forward to seeing Hadeer inspire not only our organisation, but continue to provide a guiding light to aspiring young women right throughout the country, and region.’

‘I would also like to thank Sofiène for his great work in Egypt in a year like no other, where he has worked with the team to develop a strong, stable presence for talabat, and we look forward to Hadeer continuing to grow our position in the market.’

Source: talabat

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