NewsExpress advert Yudala 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: 637

•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

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Salami rejects appointment to monitor graft cases

Toast to UCH Ibadan at 60, By Folu...

BREAKING NEWS: Chaos in Osogbo as UNIOSUN students...

House of Reps disgraces Obasanjo; declares him grandfather...

Breaking News: INEC declares Bayelsa Governorship Election inconclusive...

Nigerian Army inaugurates base in Kafanchan

APC raises the alarm over AIG Mbu's redeployment...

Dynamite blow up Junosa to advance to Edo...

Ambode appoints 5 new Permanent Secretaries

Osotimehin’s death, a big loss: Amosun

Police Commissioner assures Deltans of safety in ‘ember’...

Mass slaughter as Boko Haram ravages 8 communities...

 

Latest News EFCC grabs ex-Army Chief Ihejirika over alleged N13bn fraud I slept with 1,400 girls, impregnated 600 in Nigeria, 5 other African countries — French tourist 2 pupils die in Abuja school after eating party biscuits NUC grants Maritime University approval to begin undergraduate programmes One dead as suspected cultists attack LASPOTECH Nigeria warns on ECOWAS currency integration Supreme Court lambasts EFCC’s lawyer over incompetent application More than 6bn people live in corrupt countries, study shows Enugu psychiatric hospital official docked over alleged N14m job scam Replicate NLNG model to increase gas sector opportunities — Deputy MD Call Belema Oil, Robo Michael to order, MOSOP urges President Buhari APC berates PDP over ‘wild allegations on state of the nation’

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (326,011 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (317,691 views) Shameless Genevieve Nnaji exposes breasts in public (254,394 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (208,673 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,635 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (187,548 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (163,229 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (146,514 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,291 views) Lagos plane crash: Journalist releases victims’ names (129,432 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,912 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (123,024 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,898) Business Verdict (33) Columnists (804) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (549) Global Business Monitor (226) International (1,799) Interviews (143) Live Commentary (28) Love Matters (105) News (33,020) Opinion (883) Pidgin (10) Politics (4,511) Religion (681) Sports (1,438) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement