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INVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesEXCLUSIVE: Top Nigeria Customs officers enmeshed in multi-billion naira corruption scandalINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesEXCLUSIVE: Top Nigeria Customs officers enmeshed in multi-billion naira corruption...
The flip side of that coin is to acquire knowledge so that once you pick your spot, you can become an authority on the subject – your area of expertise. We must therefore constantly seek to expand the frontiers of knowledge and craft the desired vision to accelerate growth and development in any field.
During that period, the Foundation trained over 1.5 million young Africans on the digital hub, TEFConnect, and disbursed over $100 million in direct funding to 20,000 young men and women. “Instead of giving seed money to only 1,000 young entrepreneurs, I’m envisaging a time when we can fund 100,000 entrepreneurs,” Elumelu said on 22 March when the new beneficiaries – the 10th cohort of the 10-year-long TEF Entrepreneurship Programme – were unveiled at the UBA Amphitheatre in Lagos.
The icing on the cake is that after 10 years of impact in African philanthropy, the Harvard Business School has launched the Tony Elumelu Foundation as a case study. Harvard researchers intend to examine the role and impact of the Foundation and its unique approach to catalysing entrepreneurship in Africa.
As you would expect, Nigerians dominated the final shortlist with 53 percent, Benin republic had 10 percent, while the rest of Africa was 37 per cent. There are a few categories not listed in this article but when added, would bring the total number of beneficiaries by industry distribution to 1,104. It is always a struggle to come up with the final shortlist because the pitch is highly competitive.
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