The Tony Elumelu Foundation (TEF) (www.TonyElumeluFoundation.org), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, will close applications for the Tony Elumelu Entrepreneurship Programme on its TEFConnect digital platform (www.TEFConnect.com) on March 31. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.
To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower over 3,500 young African entrepreneurs in collaboration with global partners.
The Tony Elumelu Foundation, which celebrated ten years of impact in 2020, is empowering a new generation of African entrepreneurs, through the TEF Entrepreneurship Programme. Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities. The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector.
According to the Director of Partnerships & Communications at the Tony Elumelu Foundation, Somachi Chris-Asoluka, “Africa’s growing, and active youth population must take advantage of this opportunity and apply for the programme before the 31st of March, as their full participation will create a pathway to economic prosperity. This year, we have the capacity to empower more African entrepreneurs than ever, further ensuring that they have adequate training, funding and mentorship to boost their performance. It is time for young African entrepreneurs to embrace this much-needed support system to enable thriving and sustainable economic activity. We believe we will continue to see exponential change in sectors across the continent”.
The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.
Prospective applicants should apply on the digital networking hub for African entrepreneurs, www.TEFConnect.com.
Distributed by APO Group on behalf of The Tony Elumelu Foundation.
More Stories
Top Rank Boxing To Air On ESPN Africa
World TB Day – Yes! We Can End TB
Morningstar Announces Winners For 2023 Morningstar Fund Awards – South Africa
Contemporary South African Design Meets Modern Local Culinary Flavours
Amazon Web Services (AWS) Opens Applications For Its Inaugural Fintech Africa Accelerator
Liquid Intelligent Technologies Acquires Leading Cloud And Cyber Security Provider In Egypt, Boosting Its Portfolio In Africa And The Middle East
Life Healthcare Set To Acquire Nuclear-Medicine Operation In SA
The National Treasury Should Do More To Alleviate Household Costs Of Loadshedding
A Formidable Black Female Leader In The Gaming Industry
IAB SA Calls For Participation In Annual Internet Advertising Revenue Report
Saving And Investing
SpendTrend23 Report By Visa And Discovery Bank Points To Price Inflation