Business
Tony Elumelu Foundation to give $5,000 each to 3,369 young African female entrepreneurs
The Tony Elumelu Foundation Entrepreneurship Programme is giving out $16.8m non-refundable grant to young African female entrepreneurs.
Each beneficiary gets $5,000 seed capital.
The young women, numbering 3,369, make up over 68% of the total candidates selected this year.
Mrs. Awele Vivien Elumelu, Trustee of the Tony Elumelu Foundation, hailed as a silent supporter of female entrepreneurs in Africa, has been credited for this initiative.
This year alone, the Tony Elumelu Foundation has disbursed $24.75m to 5,000 African SMEs for the TEF2021 Programme.
-
Business1 week agoAnalysts hail equities rally as over 30 NGX stocks beat inflation in April
-
Business4 days agoJetour T2 earns prestigious 5-star NCAP safety rating, intensifies SUV competition in Nigeria
-
Featured2 days agoNigeria under siege as presidency focuses on 2027 re-election amid worsening insecurity
-
Business4 days agoPresidency approves review of Nigerian Communications Act to drive digital economy growth
-
Business1 week agoSterling Holdings FY2025 profit soars by 89% despite rising credit losses
-
Business1 week agoFirstBank unveils Naira Visa Debit Card to deepen cashless payments, financial inclusion
-
Business4 days agoNCC, industry stakeholders push for major overhaul of Nigeria’s telecommunications policy
-
Business1 week agoDespite huge investment, Nigeria’s telecom sector struggles to meet soaring data demand