Sunday, June 15, 2025
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

TEF Equips 200,000 African Entrepreneurs with World Class Skills

by TheConscience NG
June 15, 2021
in News, Featured
0
African entrepreneurs
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

 

African entrepreneurs

TEF Equips 200,000 African Entrepreneurs with World Class Skills

…Over 148,000 entrepreneurs from Nigeria successfully trained.

Over 200,000 young African entrepreneurs from all the 54 African countries have now benefitted from the highly acclaimed Tony Elumelu Foundation (TEF), THECONSCIENCEng reports.

TEF, Africa’s leading philanthropy which focuses on empowering young African entrepreneurs, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme.

The Business Management training was conducted exclusively on TEFConnect, the Foundation’s proprietary digital platform that provides capacity-building support, advisory and market linkages to over 1 Million Africans and counting.

The TEF Entrepreneurship Programme Business Management Training equips African entrepreneurs with critical skills required to launch and run their businesses at the early growth stage.

With a unique curriculum that encompasses topics on Starting Your Business, Business Management & Fundamentals, Leadership & Business Growth, Selecting and Building a Team, amongst others, entrepreneurs are effectively armed to achieve business growth, profitability, and sustained success.

READ MORE:  N1.7 billion Fraud Rocks Peter Amangbo-led Globus Bank

Entrepreneurs were hosted to weekly information sessions, as part of the training, to address relevant concerns and share vital programme updates.

All entrepreneurs received active support from coaches and mentors who provided technical guidance, counsel and one-one interaction throughout the duration of the training programme.

The training, which is one element of the 7 pillars of the TEF Entrepreneurship Programme, was carried out in the official African languages including English, French, Portuguese and Arabic, and over 40 percent of trained participants were women.

Commenting on this milestone, Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, said “Every year, our commitment to transform Africa is further strengthened with the passion, resilience and talent of the high-calibre entrepreneurs who onboard our flagship programme.

READ MORE:  Tony Elumelu Foundation Opens Entries for 2021 TEF Entrepreneurship Program

Our curricular provides a holistic opportunity for entrepreneurs to learn, grow and contribute to the development of their communities.”

The Chief Executive Officer added: “Furthermore, it is a testament to the eagerness and readiness of African entrepreneurs across all of Africa to make themselves available to transform the continent for good.

I would like to commend these entrepreneurs for their discipline, dedication and hard work throughout the training and look forward to the immense impact of their businesses across diverse sectors in Africa.

We remain committed to empowering African entrepreneurs with the required resources and support that will ensure that their businesses can scale and drive sustainable change on the continent”.

African entrepreneurs

The TEF Entrepreneurship Training is immediately followed by a Business Plan review process for each entrepreneur. The top-performing entrepreneurs subsequently participate in the Pitching phase of the Programme after which successful entrepreneurs receive a non-returnable seed capital of US$5000 each.

READ MORE:  Access Bank Adjudged Nigeria's 'Safest Bank'

The leading African philanthropy also hopes to train and empower thousands more across the African continent as part of its commitment to catalyze economic growth, drive poverty eradication and ensure job creation.

In 2020, the Tony Elumelu Foundation marked ten years of impact, having empowered and funded nearly 10,000 African entrepreneurs from all 54 African countries as part of its US$100 million TEF Entrepreneurship Programme.

The Tony Elumelu Foundation is inspired by Tony Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the long-term social and economic development of the African continent.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: African entrepreneurs
ShareTweet
Previous Post

Asiwaju Bola Tinubu Is hale and hearty – Ajiboye

Next Post

Jinping to Deepen Reforms, Expand Global Collaborations

TheConscience NG

TheConscience NG

Related Posts

Like Ojude Oba, Ibeju Lekki Festival Holds Great Potential for Development- Mayegun
News

Like Ojude Oba, Ibeju Lekki Festival Holds Great Potential for Development” – Chief Mayegun

by TheConscience NG
June 12, 2025
download 11
News

CBEX Remains Banned In Nigeria – SEC

by Reporter theconscienceng
June 11, 2025
images 1 3 2
News

HIV Negative Couple Confused As Baby Tests Positive

by Reporter theconscienceng
June 11, 2025
images 1 2 2
News

Tinubu Hosts Chess Champion Tunde Onakoya In Lagos

by Reporter theconscienceng
June 10, 2025
download 5
News

UNIPORT Student Killed in Suspected Homicide, Police Investigate

by Reporter theconscienceng
June 10, 2025
images 1 1 1
News

Tithes, Offerings Do Not Go To Heaven- Abel Damina

by Reporter theconscienceng
June 9, 2025
Next Post
Jinping to Deepen Reforms, Expand Global Collaborations

Jinping to Deepen Reforms, Expand Global Collaborations

No Result
View All Result

Recent Posts

  • ‘Squid Game 3’ Releases Thrilling Final Trailer
  • Portable Shares Displeasure Over Peter Obi Encounter
  • Fela’s ‘Zombie’ Inducted Into Grammy Hall Of Fame
  • EFCC Declares Man Wanted Over N976.6m Oil Subsidy Fraud
  • Suntrust Bank CEO, Halima Buba, Sent To Prison Over Alleged $12m Money Laundering

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d