Tag Archives: Youth Entrepreneurship

  • Investing in Agribusiness: Opportunities and Challenges for African Entrepreneurs

    Africa is a continent endowed with vast agricultural resources and potential, and the youth population constitutes a significant percentage of its demographic. The combination of these two factors presents a great opportunity for youth entrepreneurs to explore and innovate in the agribusiness industry. Agricultural entrepreneurship is an important sector in Africa that has the potential …

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  • Africapitalism and Africa’s sustainable development: The Tony Elumelu Foundation’s contribution to the SDGs

    The economic philosophy, Africapitalism emerged as a means of fostering economic development in Africa through private sector-led growth. 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 …

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    I remember back in 2012, when I won the Tony & Awele Elumelu Prize for best graduating MSC student of my set, at the Usman Dan Fodio University in Sokoto state, Nigeria. I was so excited to receive the N500,000 Naira cash, which contributed to the launch of my school – Brilliant Footsteps International Academy …

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  • Breaking Barriers: Overcoming Obstacles and Thriving as a Woman Entrepreneur in Africa

    Every day is a great day to celebrate the social, economic, cultural, and political achievements of women, but the International Women’s Day is an even better time to recognize their impact and reflect on the progress that still needs to be made. Women entrepreneurs are an essential component of economic development, particularly in Africa, where …

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  • Capacity Building = Continent Building

    Entrepreneurship is crucial to Africa’s economic growth and development. Research has it that, entrepreneurship could be the solution to the continent’s youth unemployment challenge, which is projected to reach 60% by 2030. Business education and training play a vital role in building the skills needed for successful youth entrepreneurship in Africa. The Tony Elumelu Foundation …

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  • Africa’s Passion for Fashion!

    Youth entrepreneurship in fashion in Africa is a rapidly growing industry, driven by the continent’s young and vibrant population, innovative fashion designs, and a growing demand for locally made products. African fashion is becoming increasingly popular worldwide, and young entrepreneurs are taking advantage of this trend by creating unique fashion brands and contributing to the …

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  • Africa! Let’s go Green!

    Climate change and global warming have become major concerns for leaders within the shores of the African continent, and beyond, thus forming a major part of the deliberations at the recently concluded UN Climate Change Conference (COP27) held in Egypt. Africa, despite its low contribution to greenhouse gas emissions, remains the most vulnerable continent to …

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  • Why you should have a mentor

    Youth entrepreneurship is increasingly being recognized as a critical solution to youth unemployment in Africa. However, starting a business as a young person can be a daunting and challenging task. Mentorship and networks play a crucial role in supporting and nurturing young entrepreneurs in Africa. In this thought piece, we will explore the importance of …

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  • Youth Entrepreneurship: The backbone of the African continent

    Africa is a continent with a rapidly growing population and a large number of young people. Research has it that by 2050, Africa’s population is projected to reach 2.5 billion, with more than half of the population under the age of 25. This presents a huge opportunity for the continent, but also a significant challenge …

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  • Ifeyinwa x UNDP

    UNDP and The Tony Elumelu Foundation partner for Youth Entrepreneurship

    Kigali, 13th October 2022: The United Nations Development Programme (UNDP) in Rwanda and the Tony Elumelu Foundation have signed a historic 4-year agreement worth $1.4m USD and lasting from 2022-2026 to empower the youth of Rwanda to benefit from more inclusive, competitive, and sustainable economic growth in the country. It is part of the new …

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