WorldStage Newsonline–The Tony Elumelu Foundation (TEF) has signed a $6 million partnership with the UAE Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation to empower 1,000 African entrepreneurs, providing them with $5,000 in seed capital, comprehensive business training, mentorship, and access to invaluable networks.
A statement by Somachi Chris-Asoluka, CEO, TEF said “this partnership not only underscores our unwavering commitment to fostering entrepreneurship across Africa but also signifies a deepening of ties between Africa and the Gulf Cooperation Council (GCC) region.
“By joining forces, we are taking a monumental step towards realising our vision of a self-reliant and prosperous Africa, driven by its own entrepreneurial talent.
The CEO invited all young African entrepreneur with an idea or a growing business to apply to the Tony Elumelu Foundation Entrepreneurship Programme for $5,000 seed capital funding, business management training, mentoring and access to networks via www.TEFConnect.com before March 1.”
