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More →Growing up Michel Nkuindija was lulled by the tales and legends of Africa and this made his imagination go wild with thoughts hovering around imaginative universes inspired by these tales. Only and as he grew older, he realized that these stories told to us by grandparents were not available in many books, comics and even …
More →Uganda has been ranked as the world’s most entrepreneurial country by Global Entrepreneurship Monitor (GEM), recording the highest youth entrepreneurs with 55.6 per cent of the youth population involved in new or established businesses. In the explanation, some analysts have said Ugandans are opportunists by nature. In other cases, it is because of a high …
More →Entrepreneurs constantly seek to create solutions. From electricity challenge to job creation, these innovative individuals are becoming answers to varying challenges across the continent. Titi Josias Kabore is one of them, tis TEF Entrepreneur from Burkina Faso says he was pushed to entrepreneurship by the realization of how electricity plays a huge role in development. …
More →Equatorial Guinea saw very rapid economic growth following the discovery of hydrocarbons in the 1990s. However, since 2014, the protracted fall in global oil prices, combined with the decline in the country’s output, the large budgetary surpluses that financed important investment programs that continue today have been declining. GDP continued to shrink in 2016 and …
More →More than 150,000 Africans from 114 countries worldwide applied to join the 4th cycle of The Tony Elumelu Foundation’s 10-year, $100 million TEF Entrepreneurship Programme. Today, the Foundation announced the African entrepreneurs with the most innovative, high-potential business ideas. Meet all the Tony Elumelu Entrepreneurs here Submit Cancel Thanks for your feedback!
More →With more than 60% of its 1.166 billion people living in rural areas, Africa’s economy is inherently dependent on agriculture. More than 32% of the continent’s gross domestic product comes from the sector. However, This is reflective of the applications received to date by the Tony Elumelu Foundation, with over 30% of total applications received …
More →Zimbabwe requires about 1 600 megawatts (MW) of electricity daily, but the country’s electricity body, ZESA’s five power stations at Hwange, Kariba, Harare, Munyati and Bulawayo generate less than 1 000MW. As a result, serious operational constraints have been evident. Harare Power Station has been producing 25 MW of electricity a day on average, while …
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