Tony Elumelu Foundation commits $100m to African Entrepreneurs
In his recent article in the Economist, Tony Elumelu declared that, “In 2015, the African entrepreneur will explode on to the global stage, as a new generation shows the world what those of us doing business in Africa have long known: that our continent is home to some of the most exciting and innovative entrepreneurial talent.”
At 11:00am, during a major press conference at Heirs Place today December 1sr, Mr. Elumelu announced the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).
TEEP is the flagship entrepreneurship programme of the Tony Elumelu Foundation, with the aim to create 10,000 businesses that span the continent, generating 1,000,000 new jobs and contributing at least $10 billion in annual revenue to the African economy.
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