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MakeMee Elegant Foundation Partners with Salvation Army to Host AMEGI in Toronto

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In an inspiring effort to foster economic growth through entrepreneurship and skills acquisition within the African community in Brampton, Toronto, the Nigerian-based MakeMee Elegant Foundation has joined forces with the Salvation Army to launch the Africa Made Economic Growth Initiative (AMEGI). This noteworthy event is set to take place from August 14th to 16th in Brampton, showcasing the potential of African-made products and the talent within the community.

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During a meeting with the Salvation Army team in Toronto on the 4th of August, Mrs. Kehinde Adelaja-Okoroafor, the convener of AMEGI, emphasized the importance of globalizing African-made products. She passionately believes that with the right packaging and nurturing, these products can achieve international recognition. Mrs. Adelaja-Okoroafor also underscored the necessity of equipping the African community in Canada with the skills to generate income and achieve economic independence.

The initiative will offer practical training in various valuable skills including Adire (traditional tie-dye), Kampala textile production, rhinestone embellishment, wig making, as well as shoe and bag creation. These sessions are designed not only to alleviate poverty but also to empower African immigrants in Canada, helping them become less dependent on government support. “Our goal is to encourage self-sufficiency through skill development,” she stated. “As the world shifts towards technology, skilled trades are becoming increasingly essential. By fostering these abilities, we enable individuals to create their own opportunities and contribute significantly to the Canadian economy as entrepreneurs.”

In addition to the training, AMEGI will feature an exhibition where participants can showcase their newly acquired skills and products, providing a practical platform for them to demonstrate their craftsmanship and entrepreneurial spirit.

The Mayor of Brampton, Patrick Brown, has warmly welcomed the initiative and expressed a willingness to collaborate for future editions of the event. The Salvation Army has also committed to being a key partner in this initiative. As part of the AMEGI, there will be special awards presented to individuals who have made significant contributions to the growth of the African community in Toronto. These awards aim to recognize and encourage continued efforts towards building a supportive and thriving community, thereby fostering a spirit of collaboration and economic development.

This partnership between MakeMee Elegant Foundation and the Salvation Army represents a significant step towards empowering African entrepreneurs in Canada, paving the way for more vibrant and self-sustaining communities.

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Tinubu to Open Niger Delta Economic Summit in Port Harcourt

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Tinubu

Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth

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Dangote Refinery Sets ₦525 Share Price for Landmark IPO

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Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.

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The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.

The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.

The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.

The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.

The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.

The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.

The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.

The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.

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Glo @23: Staff Unite for a Memorable Sports Celebration

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Glo marks its 23rd anniversary with a lively staff sports fiesta in Lagos, featuring football, games, prizes and celebrations centred on teamwork (more…)

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