Elumelu Foundation entrepreneurs create 400,000 jobs, says Elumelu

The Tony Elumelu Foundation has trained over 1.5 million young African entrepreneurs who have created over 400,000 jobs across the continent, Founder, Tony Elumelu Foundation , Tony O. Elumelu, has said.

He said beneficiaries have also received world-class business training, mentorship, coaching, and funding, in addition to lifelong access to the prestigious TEF Alumni Network. He said the TEF plan is to democratise luck and create more businesses in Africa. “We are not targeting any sector, we just want people who can grow these businesses and lift the continent, that was what drove us to supporting these entrepreneurs,” he said.

She said: “We knew what we wanted from the onset, and so far, it has been a decade of fulfilled promises. The 10th TEF Entrepreneurship programme beneficiaries will be supported to ensure they succeed. For those who were not selected, your journey is not over, you just have to work harder and success will be yours”.

Some of the past TEF Entrepreneurs which have grown to become big businesses include Nkem Okocha, founder, Mama Moni, Nigeria; Innocentia Mamila, Founder Biodiesel, South Africa; Mohammed Dhoufi, Founder, Cure Bionics, Tunisia; Nonkhuede Kasonde-vanden broek, Founder, Zanya African Metrics, Zambia and Ayodele Ognin, Wurami Consulting, Benin Republic.

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