Africapitalism positions the private sector, more importantly, entrepreneurship, innovation, and business enterprise, as the key economic driver of growth and job creation across Africa, while also promoting sustainable development. The Tony Elumelu Foundation (TEF) is the leading champion of Africapitalism in Africa, and across the world, with significant contributions to the achievement of the United Nations’ Sustainable Development Goals (SDGs) across the continent.

In this piece, we will examine the concept of Africapitalism and the role of the TEF in promoting it for sustainable development in Africa.

What is Africapitalism?

Mr. Tony O. Elumelu’s economic philosophy of Africapitalism is underpinned by his belief that Africans cannot rely solely on the public sector or government for the continent’s socioeconomic development, rather the private sector needs to come together with the public sector to manage and scale critical infrastructures that are pertinent to improving lives and transforming Africa.

The Tony Elumelu Foundation’s mission is deeply rooted in Africapitalism, and we believe that by creating a more competitive operating environment for entrepreneurs, we will unlock prosperity for Africa and Africans.

TEF and Africapitalism:

The Tony Elumelu Foundation was founded in 2010 as a mechanism for fostering economic development in Africa. In 2015, we launched the flagship USD100million Entrepreneurship Programme as a more structured approach to empowering entrepreneurs through access to capacity building, mentoring, networks, and market linkages, as well as non-refundable seed capital.

Through strategic partnerships with leading private and public sector players, the Tony Elumelu Foundation has scaled its impact and created sustainable development in Africa by catalysing entrepreneurship. Today, the Tony Elumelu Foundation has trained over 1.5 million young Africans on www.tefconnect.com, Africa’s largest digital entrepreneurship ecosystem, and disbursed nearly USD$100 million in direct funding to over 18,000 African women and men, who have collectively created over 400,000 direct and indirect jobs.

The TEF and the SDGs:

The United Nations’ SDGs provide a framework for achieving sustainable development worldwide. The Tony Elumelu Foundation’s mission aligns closely with many of the SDGs, particularly those related to economic growth, job creation, and entrepreneurship.

Through its support for African entrepreneurs, the Foundation has contributed to all 17 SDGs, however, below are 5 that the Foundation has significantly contributed to:

1.  SDG 1 – eradication of poverty: By promoting Africapitalism and entrepreneurship, the TEF has helped to create economic opportunities for low-income individuals and communities.
2. SDG 4 – promotion of quality education: Through its training and mentorship programmes, the Tony Elumelu Foundation has helped to equip African entrepreneurs with the skills and knowledge they need to succeed.
3. SDG 5 – Gender Equality: The Foundation is deliberate in its efforts to empower women entrepreneurs to transform their businesses and communities. Over the years, the Foundation has empowered more than 7000 female African entrepreneurs.
4. SDG 8: One of the key SDGs that the Tony Elumelu Foundation has contributed to is the promotion of sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.
5.  SDG 9 – promotion of industry, innovation, and infrastructure: By supporting entrepreneurship and innovation, the TEF has helped to promote the development of new industries and technologies in Africa.

While the activities of the Foundation speak to the different SDGs directly and indirectly, the Foundation also empowers entrepreneurs whose businesses speak directly and indirectly to the different SDGs.

Examples of TEF-supported projects:

The Tony Elumelu Foundation supports entrepreneurs who are committed to solving Africa’s most pressing social and economic challenges and who are aligned with the United Nations Sustainable Development Goals (SDGs). Here are some examples of the beneficiaries of the Tony Elumelu Foundation Entrepreneurship Programme whose businesses speak to the SDGs:

• D’Rose recycling: This is an eco-friendly company founded by Adebimpe Oni. It upcycles solid waste like old tyres, bottles, and plastics into recycled furniture suitable for homes, offices, playgrounds, studios, etc. The company seeks to address the challenge posed by the tons of plastics and tyres which end up in the ocean on a yearly basis causing water pollution and which drive sea life into extinction. Its operations align with SDG 11, which aims to make cities and human settlements inclusive, safe, resilient, and sustainable.

• New Beginnings Investment Limited: This is a learning centre founded by a Ugandan entrepreneur, Caroline Ocanda. Through this, she has empowered many girls who have dropped out of school and have no source of income and women who are totally dependent on their husbands and even single mothers who are struggling to survive. This aligns with SDG 4 which aims to promote quality education.

• The Grain Library (Grainothèque): This was founded by Daniel Oulai who is from a small village in Cote D’Ivoire. He saw time after time, how farm producers sweat and complain about the selling prices of their crops as well as the loss of major portions of their harvest due to poor pest control. He created the business to provide social support to farmers in rural areas by providing access to quality seeds, relevant data and necessary technological tools needed for maximum agricultural output, precision management and general improvements in food production. Its operations align with SDG 2, which aims to end hunger, achieve food security and improved nutrition, and promote sustainable agriculture.

• Green Packaging: Gaone Ditsele’s business, ‘Green Packaging’ is centred around the production of biodegradable plastic bags and bottles. The business works to eliminate problems of land pollution and minimise waste volume at landfills to ensure they are not fatal to animal life. This aligns with SDG 7, which aims to ensure access to affordable, reliable, sustainable, and modern energy for all.
• Gifted Mom: Agbor Ashumanyi Ako co-founded ‘Gifted Mom’, a digital health platform based in Cameroon which gives pregnant women and mothers across Africa access to vital health information and care. As a digital-first platform, GiftedMom is able to expand faster than traditional healthcare systems and the start-up aims to reach 10 million women in the next 10 years. The platform now has over 170,000 users. The award-winning app has significantly improved both pregnancy check-up attendance and vaccination turnouts, with the ultimate goal to see a world free of preventable maternal and infant deaths. In collaboration with the Ministry of Public health, 28 health facilities and 40 community workers in Cameroon, Agbor has been able to follow up with over 29,000 pregnant women and nursing mothers across the country. Its activities align with SDG 3, which aims to promote good health and well-being.

• Britts Food: Britts Foods, founded by Belema Alagun, is a start-up focused on delivering the best sandwiches and smoothies to customers. She started her business in a small one-bedroom apartment and has been able to transform her business to a point where they own their pick-up hub. The business activities align with SDG 12, which aims to ensure sustainable consumption and production patterns.

These are just a few examples of the thousands of TEF beneficiaries whose businesses align with the SDGs. Through our flagship Entrepreneurship Programme, we remain committed to solving social and economic challenges on the continent by supporting African entrepreneurs who are contributing to the achievement of the SDGs.

Africapitalism is a tried and proven model for driving economic growth and development in Africa through its initiatives to promote innovation, create jobs, and reduce poverty on the continent, which all amplify the Tony Elumelu Foundation’s critical role in shaping the future of sustainable development in Africa.

The post <strong>Africapitalism and Africa’s sustainable development: The Tony Elumelu Foundation’s contribution to the SDGs</strong> appeared first on The Tony Elumelu Foundation.

I always had a passion for imparting knowledge, so I decided to go through the business-as-usual way of graduating, getting a masters or Ph.D., and then securing a job as a lecturer. I initially did a masters in banking and finance, before I obtained an MSC in economics. Then, I went further to get a Ph.D. in economics, and finally in 2006, I started my career in lecturing. 

While lecturing at the university, I had all the feelings I hoped I would get from the experience, like realising my passion, being able to establish intellectual connections, and being able to impact lives, but it wasn’t 100% what I wanted, until I stumbled on a teaching role at a nursery/primary school.  

When I taught little kids, I felt more connected to them. I began to nurture this idea of marrying my university job with teaching pre-school kids, and eventually the idea came to life. 

But there was a problem – I was not cut out for a regimented life. Yes, being a lecturer who is working day and night to grow through the ranks to become a professor can be interesting, but within a short while I began to feel bored. 

All I was doing was ticking the boxes to achieve what was needed to be promoted to the next level, but it was not exciting. Soon, it dawned on me that I was not a nine-to-five person after all. I needed the freedom to do other things and live my life the way I wanted to.  

At that point, I decided to start a number of side-hustles. I travelled between Lagos and Kano buying and selling items like shoes, and even cars (I was a bus driver at this point).  

Lecturing gave me a steady income, but I didn’t have the ability to freely express myself, and I think that was what made me begin to venture into entrepreneurship.  

Being an entrepreneur came naturally to me. I continued running my school, my lecturing role and my side-hustles concurrently, from 2012 till 2020 when I voluntarily disengaged from my service at the university. 

Brilliant Footsteps International Academy was setup as a solution to an obvious problem.  

When we started in 2012, we looked at the Nigerian, educational system especially up here in the North. We saw that there were numerous schools around but so many things were missing, especially in terms of standards and quality. We also observed a prevalent problem that I call futuristic terrorism, which refers to the mindset of our youth that so easily resorts to extremism.  

We wanted to build a one-stop shop school that would solve the problem of quality education, while building a growth mindset in the young ones living in this part of the country.  

Our school exposes our students to the aspect of Islam that grooms them to become adults that will desire to contribute to nation-building, as against a raw kind of Islamic curriculum that blindly focuses on scriptures without looking at the other side of tolerance. We are driven by three principles: conventional standards, Islamic curricula, and skill acquisition for entrepreneurship. We blended these three things together in a way that will disrupt the status quo.  

As part of the steps, we took to evolve and stay on top of our customers’ needs we observed some inconveniences that were already attached to parents and had become the norm. In response, we provided lunch daily for our students, they observe one hour of siesta daily, they prayed in the school at the appropriate times, and they had adequate space and facilities to play in the school. 

There was a boom for our services amongst Sokoto parents when we set up because of the level of convenience that our services provide. We helped relieved a lot of their stress and they felt safer. They were able to save more money and commuting was less risky. Also, the kids were doing better because they didn’t have to go through the stress of going back home, changing a uniform, and taking a very fast lunch and coming back out for other activities. 

Even after 11 years, and all the expansion to the school, I still teach – alongside being the owner/ MD of the school, I am also the acting HOD of the Arts and Social Sciences department.  

I have remained very active in the field, so as to set a pace of standards and to create a sterling service that is nationally competitive and emphasizes Islamic knowledge. This helps to ensure that our students are always plugged into society with a developmental mindset.  

We incorporate different aspects of technology into what we do. All our students are enrolled in computer programming and artificial intelligence classes. They also take vocational skills classes like bag making, bead making, and so on. We also fly in professionals who teach them diction. We are intentional in creating a world-class institution for our students. 

Today, we have 6 branches across the state, with 3000 students and almost 600 staff.  

I would not say we have gotten to where we want to be, because it has always been my dream to build a university and I hope to actualize this dream.  

 
My story may seem inspiring, but trust me, what we see now did not happen overnight, and I must say it has not been easy. The toughest challenge I face every day is to ensure that I am constantly making the right decisions to build a legacy that continues making an impact even 100 years after I am gone.  

I foresaw this moment in time 10 years ago. Back then, when I will talk to people, I would tell them that I would build a school that is the first choice of every parent in Sokoto State.  

A most memorable moment at positively and permanently impacted  my life was when Mr. Tony Elumelu said; “you become successful when you don’t have to micromanage.” There was a time where I had to be in everyone’s business across the school, but today I can tell you that I often go a whole month without visiting any of our 6 school branches, because I have been deliberate in capacitising our staff and empowering them to take ownership of their roles. I have built a financial accounting system where I am not the signatory – I don’t control the accounts, I just receive a salary. We also have equity system that allows me to share profits with my managers.  

In building this governance structure, it remains top-of-mind to prioritise the welfare of my staff, their families and my household level, because a school is beyond the building, the infrastructure, or the plan, it is also beyond the system. A school is the teacher.  

We are intentional about training and connecting our teachers across the globe. We recently liased with Kent State University in the United States to train our teachers, and that is just one of the opportunities that we have been able to provide them with outside of Nigeria. We do not compromise on investing in areas that directly affect our quality, from manpower, to the infrastructure to everything that we do. 

I see myself more like a social entrepreneur. The Foundation provided me with global exposure. Being an alumni of the Tony Elumelu Foundation got me into the White House, it also took me to the Global Entrepreneurship Summit, where I spoke and got so many opportunities. I have expanded my international network and spoken to people across the globe and gained so much.  

Being an alumni also gave me mentorship opportunities. I have made connections with different CEOs from the Foundation. I remember Parminder Vir (Tony Elumelu Foundation CEO 2014 – 2018) once telling me to stop flying around and work on my business. I assure you that till today I have not travelled out twice because I keep on recalling what she said.  

The Foundation has put me on the map and given me a lot of visibility. People know who SHADI is. I have a video where Barack Obama mentions my name and mentions the name of the school. 

Through the Foundation I have created a CV in waiting for my would-be graduates because they have video evidence to tell anybody in China, in Japan, in any part of the world that Barack Obama knows of the existence of their school, even though it is in one corner of Nigeria called Sokoto. People ask me, how much I got from the Foundation? I tell them I received a seed capital of N500,000 and they’re surprised. 

It is not about the money. There are other things that mean more than money in a business. For me, I am proud when my kids go to the American Embassy, and with just a Google search of the name Brilliant Footsteps, my school appears everywhere. It might not be quantifiable to others but to me, it means a lot. It is an asset.  

I would end this by reminding us that as an entrepreneur, an important factor is funding, but you must have the two “I” s. The two “I” s mean idea and integrity and they guide me.  

So, ask yourself, do you have a workable idea? Do you have the integrity to push out that idea if you get the right investment?  

African entrepreneurs, my story is proof that when you have the idea and the integrity, the investment would come.  

The post <strong>ON A MISSION TO REVOLUTIONIZE EDUCATION, BREAK STEREOTYPES, AND BUILD FUTURES.</strong> appeared first on The Tony Elumelu Foundation.

The Tony Elumelu Foundation, the leading philanthropy committed to empowering African entrepreneurs, to transform their businesses and communities, has been deliberate in its efforts to drive women’s inclusion and economic empowerment across the continent. Since the launch of the Tony Elumelu Foundation Entrepreneurship Programme in 2015, over 7000 women entrepreneurs have benefited from the programme’s business training, mentoring, access to resources and networks, and have received the non-refundable seed capital of $5,000. In this piece, we will explore the challenges and opportunities that African women entrepreneurs face, as well as the efforts of the Tony Elumelu Foundation to support and promote women’s entrepreneurship. 

The state of women entrepreneurship in Africa: 

Women entrepreneurship is on the rise in Africa, with more women starting and running businesses than ever before. The Global Entrepreneurship Monitor (GEM) reports that women in sub-Saharan Africa are more likely to start businesses than women in any other region of the world. 

Despite the significant contributions of women entrepreneurs to Africa’s economic growth, they face several challenges, including limited access to finance, training, and markets. According to research, women in sub-Saharan Africa are 20% less likely than men to have a bank account and are 17% less likely to have access to formal credit. This barrier in access to finance makes it difficult for women to start and grow their businesses.  

Based on our direct engagement with women entrepreneurs in Africa, we have compiled a list of some of the challenges that they have shared with us: 

• Access to Funding: Women entrepreneurs in Africa often struggle to access funding to start or grow their businesses. This is due to a variety of factors, including lack of collateral, limited financial literacy, and discrimination. Studies show that women are less likely to receive loans than men, and when they do, they receive smaller amounts and pay higher interest rates. 

• Access to Markets and Networks: Women may not have access to the same marketing and networking opportunities as men, which can make it challenging to establish business connections and partnerships. 

• Cultural and Social Barriers: Women in Africa often face cultural and social barriers that make it difficult for them to start or grow businesses. These barriers include traditional gender roles, limited mobility, and discrimination. Women are also often expected to prioritize their family responsibilities over their work, making it difficult to devote the time and resources needed to build a successful business. 

• Balancing Work and Family: Women in Africa often have to balance their work with their family responsibilities. This can make it difficult for them to devote the time and resources needed to start and grow a successful business. Women are often responsible for childcare, household chores, and caring for elderly family members, which can limit their ability to attend networking events, workshops, and training programs. 

Opportunities for Women Entrepreneurs in Africa 

Despite the challenges, there are many opportunities for women entrepreneurs in Africa. Here are a few examples: 

• Agriculture: Agriculture is the backbone of many African economies, and women are the primary farmers in many communities. Women entrepreneurs can take advantage of this by starting businesses that support the agriculture sector, such as food processing, packaging, and distribution. 

• Technology: The tech industry is growing rapidly in Africa, with startups in Kenya, Nigeria, and South Africa leading the way. Women entrepreneurs can take advantage of this by starting tech businesses that address local challenges, such as mobile payment systems or e-commerce platforms. 

• Tourism: Africa is a popular tourist destination, with millions of visitors each year. Women entrepreneurs can start businesses that cater to tourists, such as restaurants, hotels, or tour companies. 

The Tony Elumelu Foundation and women entrepreneurship: 

The Tony Elumelu Foundation is committed to promoting women entrepreneurship in Africa by providing training, mentorship, and access to finance. The Foundation’s flagship programme, the Tony Elumelu Foundation Entrepreneurship Programme, has empowered over 18,000 entrepreneurs across Africa since its launch in 2015, with a specific focus on women entrepreneurs. 

The TEF Entrepreneurship Programme provides selected entrepreneurs with a comprehensive training programme that covers essential business skills, including financial management, marketing, and sales. Participants also receive mentorship and access to a network of successful entrepreneurs and investors. 

In addition to the Entrepreneurship Programme, the Tony Elumelu Foundation has launched several initiatives aimed at promoting women entrepreneurship in Africa and one of them is the Women Entrepreneurship for Africa (WE4A) program which aims to increase access to funding, market opportunities, knowledge enhancement and technical training for women entrepreneurs in Africa. 

Impact and success stories: 

The Tony Elumelu Foundation’s efforts to support women entrepreneurship in Africa have yielded impressive results. Since the launch of the Entrepreneurship Programme, women entrepreneurs have accounted for about 40% of the programme’s beneficiaries. 

Here are some of the women entrepreneurs in the TEF Alumni Network creating impact in their communities: 

Princess Adeyinka Tekenah runs ‘Happy Coffee’, an indigenous Seed to Cup Nigerian coffee company, improving the consumption and production of locally sourced coffee by bringing Fresh Brew Coffee to the cup of an average Nigerian. Currently, 90% of coffee consumed in Nigeria is imported, thereby creating opportunities within the coffee sector, where roast coffee market in Nigeria was equal to 681.60 million USD. The coffee market in Nigeria is forecasted to reach 4.62 billion USD (in retail prices), thus increasing at a CAGR of 18.13% per annum for the period between 2020-2025. With a $5000 seed grant in 2015, we have successfully designed 10 market-fit coffee products, established 3 Coffee Experience Centers, served over 30,000 cups of coffee, and pioneered a Coffee festival, all with a growing revenue of over $80,000 (cumulative). In the next 5 years, our goal is to grow our revenue to $ 2 million and expand our portfolio to 5 Nigerian cities and 2 countries, whilst boosting the state of our Coffee Value Chain participation. 

Chioma Ogbudimkpa runs a fashion business known as Redbutton which focuses on the production of workwear for female professionals, fusing African aesthetics, eco-friendly materials, and art from all over the world. With every piece, the brand places emphasis on African stories, powerful women, and sustainability. Because the African woman is vibrant, the designer creates a balance between colors and texture, in interpreting strength and sophistication. Essentially, Redbutton seeks to project rare design innovation and modern African culture to the rest of the world. The brand’s tailoring is done in Nigeria and sold globally via redbuttonng.com and other local and international retail stores. 

Jocelyn Agbo is the founder of ‘Farm On Wheels’, a social enterprise that works with smallholder rural farmers in hard-to-reach communities in Nigeria. They started operations in 2017 by meeting with smallholder farmers and community heads, involving them in the process of developing our model through surveys and town hall meetings. This enabled them to come up with a business model that provides the necessary agricultural resources a smallholder rural farmer needs to become gainfully employed and financially empowered within their communities. In 2017, they trained a few farmers in their communities and by 2018, they had a huge turnout of farmers for training in these communities. This gave them access to genuine farmers in these communities who have so far benefited from their training programs, extension services, and market linkage. 

Lucy Mary Athieno is the founder of Eco-Pads Uganda which came as a solution of making reusable and affordable menstrual pads used for up to a year at $4. They also work on training girls, senior male and female teachers on menstrual health management, and sexual reproductive health. The business idea was born out of her concern for schoolgirls who miss 4-5 days of school monthly due to the lack of affordable menstrual materials in Uganda (IRC 2013).  

Charity Nyakundi is another African entrepreneur who is making great strides in the world of art, fashion, and design. The name of her business is Porabe Designs (meaning ‘Clean’) and she deals in artisan clothing; they design clothes and make the clothes and fabrics themselves. 

These women amongst others, do incredibly well in their various business sectors, creating jobs, social and economic impacts in their different communities. 

Women entrepreneurship is by far a critical component of economic development in Africa, and the Tony Elumelu Foundation is leading the way in promoting and supporting women entrepreneurs across the continent. Through its various programmes and initiatives, the Foundation is helping to break down the barriers that limit women’s access to finance, training, and markets and creating opportunities for women to start and grow successful businesses. 

On this International Women’s Day, let us celebrate the achievements of women entrepreneurs in Africa and continue to support their efforts to drive economic growth and development. 

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The Tony Elumelu Foundation recognizes the importance of training and capacity building for young African entrepreneurs to help them start or scale their businesses and this is why the TEF Business Management Training is one of the strong pillars of the Foundation’s flagship programme.

This training has been carefully curated to equip the entrepreneurs with business knowledge & skills required to launch and run successful businesses. It covers several topics including starting and scaling a business, business development, financials & bookkeeping, marketing strategy, leadership, effective management, and building a dynamic team. Over the years, the Foundation has trained over 1.5 million young Africans on its TEFConnect platform.

In this piece, we will examine the critical skills needed for youth entrepreneurship, the importance of business education and training in building these skills, and the role of diverse stakeholders.

Critical skills for youth entrepreneurship in Africa:

1. Creativity and Innovation: Young entrepreneurs in Africa must be creative and innovative to develop new and unique products and services that meet the needs of the African market. Creativity and innovation require critical thinking skills, which can be developed through business education and training.

• Business Management: Entrepreneurship requires an understanding of basic business concepts, such as accounting, marketing, leadership (personal, team, and organizational), and human resource management. Young entrepreneurs must have a basic understanding of these concepts to run a successful business.

• Financial Management: Entrepreneurs must be able to manage finances effectively to ensure the sustainability and growth of their businesses. This includes budgeting, financial forecasting, and cash flow management.

• Communication Skills: Effective communication is crucial for entrepreneurs to build relationships with customers, suppliers, and other stakeholders. Communication skills include verbal and written communication, negotiation, and networking.

• Digital Literacy: In today’s digital age, entrepreneurs must have digital literacy skills to leverage technology to improve their businesses. This includes using social media for marketing, online sales, and e-commerce.

Importance of business education and training in building skills for youth entrepreneurship in Africa:

Business education and training play a crucial role in building the skills needed for successful youth entrepreneurship in Africa. Here are some reasons why:

• Bridging the skills gap: Business education and training can bridge the gap between the skills young people have and the skills they need for successful entrepreneurship. Many young people lack the business and financial management skills needed to start and run a successful business. Business education and training can provide them with these skills.

• Encouraging creativity and innovation: Business education and training can encourage creativity and innovation by providing young people with the tools and techniques to develop new ideas and solutions to problems.

• Building confidence: Business education and training can build the confidence of young entrepreneurs by giving them the knowledge and skills they need to succeed. This can help them overcome the challenges and setbacks they may face as entrepreneurs.

• Improving access to financing: Business education and training can help young entrepreneurs access financing by equipping them with the knowledge and skills needed to prepare a business plan, manage finances, and demonstrate their business’s potential for growth and profitability.

Role of stakeholders in providing business education and training for young entrepreneurs:

• Public Sector: The public sector can play a crucial role in providing education and training for young entrepreneurs. They can create policies that promote entrepreneurship and provide funding for business education and training programs. The public sector can also work with the private sector to create mentorship and coaching programs to support young entrepreneurs.

• Educational Institutions: Educational institutions, such as universities and vocational training centers, can provide business education and training programs specifically tailored for young entrepreneurs. Following in the footsteps of the Tony Elumelu Foundation, the leading philanthropy empowering African entrepreneurs from all 54 African countries through funding, training, mentoring, and networking young African entrepreneurs, these programs can cover business management, financial management, marketing, and other critical skills needed for successful entrepreneurship.

• Private Sector: The private sector can accommodate these young African entrepreneurs who have undergone business education and training and give them the space to actualize what they have learnt. This could come as an internship or vocational training.

The importance of training young African entrepreneurs cannot be overemphasized. Our recent impact assessment report at the Foundation solidifies this as 93% of the respondents (entrepreneurs) agree that the pieces of training gotten from our platform, TEFConnect, have been critical in making key business decisions and other relevant areas.

Training and capacity building plays a crucial role in building young African entrepreneurs and equipping them with the skills and knowledge they need for their entrepreneurial journeys. The Tony Elumelu Foundation understands the value of training and capacity building, and this is why it remains one of the Foundation’s pillars.

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