News

10th Cohort: 1,200 Africans emerge beneficiaries of Tony Elumelu Foundation

The Tony Elumelu Foundation (TEF) will on Friday, March 22, 2024, announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship entrepreneurship programme.

The Foundation made this known in a statement on Thursday, March 21.

It stated that the new beneficiaries will become the 10th cohort of the 10-year-long TEF entrepreneurship programme.

The TEF noted: “The Tony Elumelu Foundation has consistently demonstrated its belief in the potential of young Africans to transform the African continent. This conviction has led to its transformative impact – thousands of young men and women entrepreneurs across all 54 African countries have been empowered through its flagship Entrepreneurship Programme.

Harvard University adopts Elumelu Foundation as case study in curriculum

“The beneficiaries have received world-class business training, mentorship, coaching, and funding, in addition to lifelong access to the prestigious TEF Alumni Network.

“To date, the Foundation has disbursed $100,000,000 directly into the hands of young African entrepreneurs, who have, in turn, created over 400,000 direct and indirect jobs, contributing significantly to Africa’s economic growth and development.

“The Foundation has also provided capacity building support, advisory services, and market linkages to over 1.5 million Africans through its digital entrepreneurship-support platform, TEFConnect.

“The upcoming announcement reaffirms the Tony Elumelu Foundation’s commitment to supporting entrepreneurship as a catalyst for driving poverty eradication, catalysing job creation across all 54 African countries, and increasing women economic empowerment.

The Star

Segun Ojo

Recent Posts

Tinubu writes NASS, seeks Oluyede’s confirmation as Chief of Army Staff

President Bola Tinubu has sent a letter to the Senate seeking the confirmation of Lieutenant…

11 hours ago

Court sends man to prison for impregnating 15-year-old daughter

A Magistrate Court sitting in Calabar, the Cross River State capital, has remanded a 48-year-old…

11 hours ago

Uba Sani: Kaduna made history with free fertilizer distribution

Kaduna State Governor Uba Sani says the state made history by carrying out the largest…

12 hours ago

Varsity denies awarding professorship to sacked UNIZIK VC

The Federal University, Gusau in Zamfara State has denied awarding professorship to the sacked Vice-Chancellor…

14 hours ago

First winner in ‘Glo Festival of Joy’ gets new car

Technology company Globacom, on Thursday, November 21, 2024, delivered a brand new Toyota Prado car…

15 hours ago

Uba Sani donates N10m to military heroes

Kaduna State Governor Uba Sani has launched the 2024 Armed Forces Remembrance Day Emblem with…

17 hours ago

This website uses cookies.