OACPS

EQS-News: Tony Elumelu Foundation Announces 10th Cohort of Entrepreneurship Programme – 20,000 Entrepreneurs Funded Across Africa

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Wednesday, April 10, 2024
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The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme.

Key Points: 
  • The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme.
  • The Tony Elumelu Foundation has disbursed US$100,000,000 directly to young African entrepreneurs, who have created over 400,000 direct and indirect jobs, contributing significantly to Africa's economic growth and development.
  • Since inception in 2010, the Tony Elumelu Foundation has pioneered an innovative approach to seeding, capacitising and networking young entrepreneurs across Africa.
  • To learn more about the Tony Elumelu Foundation Entrepreneurship Programme "Decade of Impact" please see here ( https://apo-opa.co/3IULYeS ).

EQS-News: African Union Commission (AUC):  Africa Urges Customized Climate Services for Building Climate Resilient Continent

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Saturday, September 16, 2023
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Delegates will develop solutions to challenges facing climate service providers and users in Africa as they address climate change.

Key Points: 
  • Delegates will develop solutions to challenges facing climate service providers and users in Africa as they address climate change.
  • Organized within the framework of the ClimSA Programme, this multi-stakeholder platform aims to strengthen effective collaboration between producers and users of climate services through stakeholder engagement.
  • At the African Union Commission, the Programme supports the implementation of the Global Framework for Climate Services (GFCS) in Africa.
  • On the African continent, climate service providers, such as Regional Climate Centres (RCCs) and National Meteorological and Hydrological Services (NMHSs), deliver climate information services to this diverse user base.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022
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Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022
European Investment Bank, Policy, French Development Agency, EIB, African Development Bank, UN General Assembly Resolution 60/147, Woman, Achievement, Investment, Hubert Burda Media, Technology, UNGA, Science and technology in Asia, Android, OACPS, French West Africa, NTF, Private equity, European Commission, BPI, Climate change, Entrepreneurship, Poverty, Fund, PROPARCO, ADF, Sabi, Mentorship, Partnership, Bank, Goal, Sustainable Development Goals, Development finance institution, Etsy, Health, Gaps, UN, Partner, Investor, VC, Economic development, Mobility, SME, Quality of life, Finance, Sustainable Development Goal 8, Financial sector development, Royal commission, Union, Education, Financial services, Drug, Renewable energy, Health insurance, African, EU, Vinted, Proparco

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

DGAP-News: Tony Elumelu Foundation funds 5000 African SMEs from 54 African countries for its 2021 Entrepreneurship Programme

Retrieved on: 
Wednesday, November 17, 2021
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Consisting of both new start-ups and existing small businesses, the 2021 Tony Elumelu Entrepreneurs have undergone world-class business training, mentorship and coaching and will have a life-time access to the Tony Elumelu Foundation alumni network.

Key Points: 
  • Consisting of both new start-ups and existing small businesses, the 2021 Tony Elumelu Entrepreneurs have undergone world-class business training, mentorship and coaching and will have a life-time access to the Tony Elumelu Foundation alumni network.
  • Founder of the Tony Elumelu Foundation, Mr. Tony O. Elumelu shared, "To you young African entrepreneurs - work hard, dream dreams, and be very disciplined.
  • Speaking on the panel with Mr. Elumelu, 2015 Tony Elumelu Entrepreneur, Hauwa Liman, Founder of Afrik Abaya, shared: "I am always proud to say that I am from the inaugural cohort of the Tony Elumelu Foundation Entrepreneurship Programme.
  • For a list of the selected 2021 Tony Elumelu Entrepreneurs and information on our applicants, please visit the website of the Tony Elumelu Foundation here ( https://bit.ly/30pmzqN ).