More than 150 000 Africans from 114 countries worldwide applied to join the 4th ‎cycle of The Tony Elumelu Foundation’s (TEF) 10-year, $100 million TEF Entrepreneurship Programme. Today, the Foundation announced the African entrepreneurs with the most innovative, high-potential business ideas. Agriculture was the leading sector among selected entrepreneurs at 30.5%, followed by technology (10.5%) and Education&training (9%). This will bring TEF’s total programme investment so far to $15 million in direct funding to entrepreneurs and $5.8 million in Programme & technology development and operations,” said Parminder Vir, Tony Elumelu Foundation Chief Executive Officer. Our beneficiaries have created more than 55 000 jobs and counting, and will convene from across all of Africa’s 54 countries to Lagos this October for the TEF Forum, one of the largest gathering of African entrepreneurs in the world.‎For a list of the selected 2018 Tony Elumelu Entrepreneurs and information on our applicants, please click HERE.

Source: The North Africa Journal March 23, 2018 14:15 UTC