Home | News    Tuesday 26 March 2019

52 South Sudanese to benefit from Africa entrepreneurship programme


L-R: Ifeyinwa Ugochukwu, incoming CEO, Tony Elumelu Foundation; Parminder Vir, CEO, Tony Elumelu Foundation; Israeli Ambassador to Nigeria Shimon Ben-Shoshan, Tony Elumelu, Founder, Tony Elumelu Foundation; Mrs. Aisha Buhari, Wife to the President of Nigeria; Awele Elumelu, Trustee, Tony Elumelu Foundation; Ambassador Yvonne Khamati , Deputy Ambassador to Kenya; Ebitimi Banigo, Amanyanabo of Okpoama Kingdom;at the Selection of the 5th Cohort of the Tony Elumelu Foundation Entrepreneurship Programme.
March 25, 2019 (JUBA) – 52 South Sudanese are among the 3,050 African entrepreneurs selected to join the fifth cycle of Tony Elumelu Foundation (TEF) $100million entrepreneurship programme.

The selected entrepreneurs will each receive non- refundable $5,000 of seed capital, access to mentors, and a 12-week business training programme, directly focused on the needs of African entrepreneurs.

This year, TEF said in a statement, over 216,000 applications were received, a rise from last year’s 151,000. Also, nearly 90,000 were submitted by female entrepreneurs, an increase of 45%, illustrating the foundation’s strategy to achieve greater gender balance.

“Every year, we face an almost impossible task – to select 1,000 entrepreneurs, from the hundreds of thousands that apply. Our entrepreneurs are hungry to effect change. We know we are only scratching the surface, we see the depth of entrepreneurial talent, that all of us – government, business indeed African society, must harness to transform our economies and livelihoods,” TEF founder, Tony O. Elumelu, said during Friday’s announcement of the winners.

He added, “We must rally together to empower them and accelerate the change we want on the continent”.

Ifeyinwa Ugochukwu, TEF’s incoming CEO said the foundation entrepreneurship programme has so far successfully empowered 7,520 entrepreneurs in the first five years of the 10-year programme.

Meanwhile, Aisha Buhari, the wife of the Nigerian President commended the programme’s impact on the continent, charging the selected entrepreneurs to contribute to Africa’s advancement.

“Indeed, I am confident that these Tony Elumelu entrepreneurs will inspire deep confidence and be of immense value not just to Nigeria but to the entire continent,” she said.

Founded by African investor and philanthropist, Tony O. Elumelu, TEF is the leading African philanthropy committed to empowering African entrepreneurs. The foundation is reportedly guided by the philosophy, Africapitalism, which proposes that the private sector holds the key to unlocking the sustainable development of Africa.

The Foundation’s growing list of partners includes the International Committee of the Red Cross (ICRC), the United Nations Development Programme (UNDP), the Federal Republic of Benin (Seme City), the Anambra State Government, Indorama, the Government of Botswana and African Development Bank (AfDB).

Since its inception in 2015, at least 7,520 entrepreneurs have been empowered by the foundation, with support from its partners.


Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article

The following ads are provided by Google. SudanTribune has no authority on it.

Sudan Tribune

Promote your Page too

Latest Comments & Analysis

Sudan’s Constitutional Declaration was reduced to absurdity 2019-08-13 20:31:25 By Mahmoud A. Suleiman After paying tributes to the martyrs and hoping healing for wounded and offer sincere greetings to the rebellious Sudanese people who are inevitably victorious, having (...)

Options and opportunities for SPLM-N al-Hilu to join Sudan’s transition 2019-08-13 20:06:06 By Ibrahim B. Musa Despite the initial signing of the political on July, 17th, 2019 and constitutional declaration on August 4th, 2019, as well as the previous exhausting efforts made in (...)

Can Sudan achieve peace and democratic transition? 2019-08-13 07:37:28 By Rosalind Marsden Sudan has a unique opportunity to embrace democratic transition but there is no room for complacency. Comprehensive reforms and a united democratic front will be key to (...)


Latest Press Releases

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)

Joseph Malwal Dong joined the SPLM/A -IO 2019-04-02 08:35:02 SPLM/A (IO) Press Release 1/4/2019 On Hon. Joseph Malwal Dong Joined the SPLM/A (IO) The leadership of the SPLM/A (IO) would like to seize this precious opportunity to announce to members and (...)


Copyright © 2003-2019 SudanTribune - All rights reserved.