The Tony Elumelu foundation (TEF) has sealed a huge deal worth $20million with the United States Africa Development Fund (USADF_GOV).
The TEF is owned and founded by Nigerian popular billionaire businessman, philanthropist and Entrepreneur, Anthony Elumelu. The foundation is aimed at helping young entrepreneurs across Africa.
The deal is to empower entrepreneurs in Africa for the duration of five years. To train, tutor and give global market access to these entrepreneurs. The TEF made this known on their Facebook page.
TEF wrote:
“The Tony Elumelu Foundation has officially signed a $20million agreement with the United States Africa Development Fund (@USADF_GOV) to empower #AfricanEntrepreneurs over a period of five years”
“This $20 million partnership will fund, train, mentor and provide further access to capital and market linkages for African entrepreneurs through the Foundation’s digital proprietary platform -TEFConnect.com”
“We are pleased to remain the partner of choice for all development agencies looking to create lasting impact and prosperity by uplifting and empowering young Africans”
“We look forward to a fruitful and impactful partnership with the US Government via @usadf_gov”
