Tony Elumelu Foundation partners EU to empower 2,500 young women entrepreneurs

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RAZORNEWS NIGERIA| December 13, 2020

The Tony Elumelu Foundation has announced its partnership with the European Union (EU) to identify, train, mentor and fund no fewer than 2,500 African young women enterpreneurs in 2021.

According to TEF CEO, Ifenyinwa Ugochukwu, who made the disclosure, “We are pleased to announce that the Tony Elumelu Foundation will be partnering with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021.

“Through this partnership, we will disburse €20 million in financial and technical support for women-owned businesses, across all 54 African countries, in addition to providing increased access to market linkages, supply chains and venture capital investments.

“This announcement further extends our mission of empowering African entrepreneurs while fostering gender inclusion.”

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