Photo caption: Tony Elumelu (left) signing the deal
By Emeka Ugwuanyi
The Tony Elumelu Foundation 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.
In a statement by the Chief Executive Officer, Tony Elumelu Foundation, Somachi Chris-Asoluka, 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.”
To all young African entrepreneur with an idea or a growing business, this is your time. 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, Chris-Asoluka added.
