Entrepreneurship has emerged as a powerful force driving economic growth, jobs creation, and social transformation in Africa. To effectively unleash our continent’s full potential, it is crucial to cultivate a culture of entrepreneurship, and create an enabling environment that can foster successful small and medium sized businesses. The Tony Elumelu Foundation recognizes the importance of …
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Tag Archives: African entrepreneurs
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Cultivating a Culture of Entrepreneurship: Fostering an Enabling Environment in Africa
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The Role of the Tony Elumelu Foundation in Promoting Sustainable Business Practices for African Entrepreneurs
Africa has witnessed an increase in entrepreneurial activities in recent years, as more Africans are starting their own businesses to contribute to the continent’s economic growth. However, entrepreneurship is not just about starting a business, but also about running a sustainable business that can survive in the long term. The importance of sustainable business practices …
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SNAPSHOT OF TEF IMPACT FROM OUR #TEF2021 ENTREPRENEURS
Our approach at the Tony Elumelu Foundation prioritises monitoring, tracking, and evaluation to ensure that the funds that we disburse to our TEF Entrepreneurs are being used effectively and efficiently. Monitoring helps to track the progress of our entrepreneurs across all 54 African countries and assess whether they are on track to meet their business …
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Burundi – The Heart of Africa
Agricultural entrepreneurship refers to farmers’ ability to change or abandon old models and enter new phases of agriculture. And this leads us to today’s episode of the #TEFAdvocacy space where we talk about the policies that affect entrepreneurs in Burundi. Burundi’s economy is dominated by Micro, Small, and Medium Enterprises (MSMEs). According to research done …
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To be educated is to be informed
Education Is The Most Powerful Weapon Which You Can Use To Change The World Nelson Mandela Education provides entrepreneurs with cognitive skills to better evaluate and exploit entrepreneurial opportunities. On today’s episode of #TEFAdvocacy, we will be discussing challenges affecting entrepreneurs in Senegal. Shortage of jobs in Senegal means people are forced to fend for …
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Empowering Female Entrepreneurs in Uganda
” We need to prioritise our women. As a father of five girls and being surrounded by women in the workplace, I see first-hand, the energy, the potential, and the professionalism in women’s leadership and I encourage it.” Tony O. Elumelu, CON Africa leads the world in terms of numbers of women business owners. In …
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Corruption Barriers to Entrepreneurs in Angola
Despite its large market size and potential business opportunities, Angola is deemed one of the most difficult business environments in the world. To be successful, considerable time and capital commitment is required. A strong, experienced local partner is also highly advisable. Corruption remains a major barrier to doing business in Angola, despite some progress. It …
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Logistics Challenges are Crippling the Activities of Nigerian Entrepreneurs
The Tony Elumelu foundation is the leading champion of entrepreneurship in Africa. African entrepreneurs are the heart of the foundation and what bothers these entrepreneurs bothers us all at TEF. On today’s episode of #TEFAdvocacy, we will be discussing challenges affecting entrepreneurs in Nigeria. Quintessentially policy-based logistics challenges. We started advocacy [through the Tony Elumelu …
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Libya: Healthy Economic Environments to Stimulate Entrepreneurial Activities
“We need a more active private sector. The private sector must engage with the government to let them know the need to address the job issue so as to get massive investment to create job opportunities for the youths.” Tony O. Elumelu, CON Libya has recently experienced significant political, social and economic changes in its state …
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Covid-19 and the State of Small and Medium Enterprise in Morocco
“I think the past two years have been quite traumatic for humanity. It exposed the way leaders were becoming too nationalistic instead of being global and we’ve seen the devastating impact across the continents.” ~ Tony O. Elumelu, CON Small and medium enterprises (SMEs) are possibly the hardest hit in all the countries, and this …
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