Fidelity bank banner UBA banner
Agriculture, access to electricity, entrepreneurship will create jobs in Africa: Elumelu

By News Express on 23/07/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 837

•Heirs Holdings Chairman Tony O. Elumelu.
•Heirs Holdings Chairman Tony O. Elumelu.

 The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions to help address the deepening job and employment crisis bedevilling the continent by lending support and paying more attention towards the agricultural sector, creating access to electricity and developing entrepreneurship.

Elumelu said this on Saturday while speaking on the theme ‘How do we create 10 million jobs by 2020?’ at the Youth Connekt Africa Summit in Rwanda. He opined that access to electricity and increased focus in the agricultural sector would enhance entrepreneurship and tackle the challenge of unemployment through the creation of more jobs in the continent.

Elumelu, a passionate advocate of entrepreneurship and Africapitalism, also upheld the notion that the private sector has the responsibility to play the lead role in contributing to job creation in Africa. He cited the example of the Tony Elumelu Foundation (TEF) and its various investments in these key areas, adding that this is visible from the $100million commitment towards supporting African entrepreneurs over the years.

He said: “Today we have businesses in 20 African countries and employ 30,000 people directly and 50,000 people indirectly. Agriculture, access to electricity and entrepreneurship have the potential to create more jobs in Africa.”

The TEF boss stated that Africa can be self-reliant and self-dependent if the right infrastructure and government support are put in place to boost these sectors. In this regard, he commended the effort of President Paul Kagame for his brilliant initiatives in the areas of entrepreneurship and attracting key investments to the African continent.

The President of the African Development Bank (AfDB), Akinwumi Adesina, who supported Elumelu’s stance, acknowledged that agriculture can create jobs for the teeming African population if youths approached the sector, not just as a way of life, but as a business.

He seized the opportunity to commend Elumelu for his work in entrepreneurship and pledged to support the work of the TEF in the creation of jobs. “I applaud Tony Elumelu’s work in entrepreneurship, because entrepreneurship is key. We will help to scale up what Tony Elumelu is doing. If others are doing same, we will succeed in Africa,” Adesina said.

The Rwandan Development Board also hosted Elumelu at a roundtable breakfast meeting with the Founder and Executive Chairman of Alibaba Group, Jack Ma, to discuss investment opportunities in Afrcia.

The Youth Connekt Summit hosted by the President of Rwanda, H.E. Paul Kagame, gathered 2,500 invited guests from the private and public sectors.

The opening plenary session was moderated by Adeyemi Babington Ashaye, Head, Global Shapers Community, World Economic Forum; other panelists include; Akinwumi Adesina, President, African Development Bank; Vera Songwe, Executive Secretary, Economic Commission for Africa; and Diane Karusisi, CEO, Bank of Kigali.

 

Source News Express

Posted 23/07/2017 9:10:13 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
US Judge opens door for thousands to apply...

Suspected Fulani herdsmen attack Kaduna community, kill 2...

U.S. university closed after 100 students fall ill...

Security threats: Dusk-to-dawn curfew imposed on Gboko

Jordan joins war against Boko Haram

Abdulsalam Abubakar advocates security training for politicians

National Conference shifts to NICON Luxury Hotel as...

LAGBUS to provide free bus ride on New...

Mutiny: Fashola pleads for 54 convicted soldiers

UN promises support for Niger Delta development and...

Etisalat renews sponsorship agreement with FC Barcelona

Dickson bags AIT Award for transparency

 

Latest News BREAKING NEWS: 24-hour curfew imposed on Kaduna community 2019: Yoruba youths set agenda for Atiku Tiv group files N550bn suit against Buhari, Miyetti Allah, others Obasanjo/Atiku: Catholic Secretariat clears Fr. Kukah •Accuses Buhari Media Organisation of mischief Obi dismisses allegation of ethnic bias in Onitsha Bridge Head clean-up •Denies comments on first class travel, foreign medical trips Okowa calls for abolition of death penalty, advocates prison reforms 2 die as political thugs clash in Lagos No plot to assassinate Fayose in custody — EFCC NHIS Executive Secretary bags indefinite suspension Atiku, Obasanjo and the road ahead Atiku denies owning online grant scheme Imo APC guber primary: Appeal panel upholds Nwosu’s election

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (407,325 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (382,701 views) Shameless Genevieve Nnaji exposes breasts in public (315,054 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (257,467 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (237,658 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (224,439 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (204,253 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (185,736 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (170,385 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (165,990 views) Lagos plane crash: Journalist releases victims’ names (161,627 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,402 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (67) Business & Economy (3,687) Business Verdict (52) Columnists (948) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (559) Features (659) Global Business Monitor (304) International (2,541) Interview (165) Live Commentary (28) Love Matters (145) News (39,717) Opinion (1,124) Pidgin (13) Politics (7,282) Religion (881) Sports (1,733) Stock Watch (35) AMA & Al Jazeera Global Update

 

NLNG Prize for Literature 2018

Zenith Zero Balance

CBN banner

Firstmobile banner

 

 

 

NEWS EXPRESS TV

LIBYA vs NIGERIA 2-3 Goals Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement