Applications have opened for the latest edition of the Tony Elumelu Entrepreneurship Programme (TEEP), which will provide 1,000 startups with training, mentorship and US$5,000 in funding. The programme, run by the Tony Elumelu Foundation (TEF), is now in its fourth cycle of its 10-year, US$100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024. “When we launched the TEF programme and committed US$100 million, I knew we would create impact, but I never imagined it would be of this magnitude. We’ve unleashed a movement of African entrepreneurs – a force so strong, I am confident they will collectively transform Africa,” said TEF founder Tony Elumelu. If you have a transformational business or an idea, we have an opportunity for you,” said TEF chief executive officer (CEO) Parminder Vir.

Source: The North Africa Journal January 09, 2018 06:33 UTC