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Monthly Roundup with the Tony Elumelu Foundation
30.06.2021
 


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EDITOR’S NOTE

Dear ,

From the Tony Elumelu Foundation (TEF)’s and Google.org $3M announcement to the launch of an integrated partnership with DEG that will impact over half a million SMEs, this month of June most certainly poses a promising future for African Entrepreneurs across the continent.

In this issue, Regional Director at DEG, Bernd Talemann is refreshingly honest on the outlook for small businesses in Africa, just as the world begins to take on a somewhat familiar normalcy. Talemann’s recommendations to strategically enhance the private sector, especially entrepreneurs, through access to funding, underscores the importance of entrepreneurs to all aspects of socio-economic development.

Around the world, urgent and pertinent conversations are being held to significantly uphold the new narrative of an Africa that is as resilient as it is capable of its own development. Our founder, Tony O. Elumelu CON, attended the “Choose France” Business Summit in Paris, a gathering of global business leaders and leading French CEOs, to meet and discuss bi-lateral investment opportunities, at the invitation of President Macron. As a foremost champion of entrepreneurship, Mr. Elumelu viewpoint was on the collaboration of government and policymakers to prioritize sectors like power and manufacturing industries, all of which will significantly expand trade within and outside the continent.

To commemorate Father’s Day, we shifted focus to male entrepreneurs from Africa for our Entrepreneurs’ Corner, all of whom are goal-driven to accelerate their business operations and drive qualitative impact in their communities. Furthermore, we proffer tips for your current business leadership model and make the case for succession consideration at all levels.

These are only a few of the reasons you should not miss out on this issue’s unrivalled insight, multi-stakeholder opinion, and sectorial analysis across Africa’s buzzing entrepreneurial front.

We hope you enjoy reading!

Internationalization, trade, digitalization, regional integration will greatly matter” – Bernd Tilemann, Regional Director and Head of DEG’s West Africa office.In this exclusive interview with Regional Director and Head of DEG’s West Africa office, Bernd Tilemann, we dive deeper into the benefits of this partnership to the African economy and across the entrepreneurial value chain. 

Search For More Info on Ojoojoo.com Nigeria’s First Search Engine >>

Story of the month
Story of the Month!

Entrepreneurs’ Spotlight

To commemorate Father’s Day, three male African entrepreneurs from different sectors and countries uncover what drives their entrepreneurial journey and why they are willing to do all it takes to achieve their goals and impact their communities.

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FEATURE
Mentor’s Corner with Oluwakemisola Adaraloye

TEF Circle sits with Mentor, Oluwakemisola Adaraloye, a legal practitioner with 14 years of experience and the founder of Ebelanke Foundation, a not-for-profit organisation created to care for Senior Citizens, Orphans and Widows. In their first year of operations alone, they have been able to impact approximately 5000 Senior Citizens, Women, Widows and orphans. Oluwakemisola shares her journey with TEF and her goal to empower 3,000 people.

Search For More Info on Ojoojoo.com Nigeria’s First Search Engine>>

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CIRCLE WATCH
Watch #TEF Director of Partnerships & Communications, Somachi Chris-Asoluka on the impact of the Google.org and TEF $3M announcement. 
CIRCLE READ
Empowering Additional African Women Entrepreneurs
In June, TEF announced a $3Million grant from Google.org to complement the 2021 TEF Entrepreneurship Programme. 500 additional rural-based aspiring women entrepreneurs will receive seed capital of $5,000. These 500 aspiring African women entrepreneurs will come from Kenya, Nigeria, South Africa and select Francophone countries. Read more here.
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QUOTE

“Africa will soon see real change. We are improving in the movement of people and in the movement of capital.” – Tony Elumelu
The Tony Elumelu Foundation is the leading champion of entrepreneurship in Africa catalysing economic growth, driving poverty eradication and ensuring job creation. Thus far, the Tony Elumelu Foundation has empowered over 9,000 young African entrepreneurs across 54 African countries and provides market linkages to over 1million Africans through its digital networking platform, TEFConnect.
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