A New Dawn Beckons..,...Enter The Significance Of The $6 Million Strategic Partnership Between Tony Elumelu Foundation and Khalifa bin Zayed Al Nahyan Foundation

- February 17, 2025

In a groundbreaking move, the Tony Elumelu Foundation (TEF) and the Khalifa bin Zayed Al Nahyan Foundation have joined forces to empower an additional 1,000 young African entrepreneurs. This strategic partnership, valued at $6 million, aims to provide comprehensive support to these budding entrepreneurs, equipping them with the skills, knowledge, and resources necessary to succeed in the competitive business landscape.

•A Shared Vision for African Prosperity

The partnership between TEF and the Khalifa bin Zayed Al Nahyan Foundation is built on a shared vision of empowering African entrepreneurs to drive economic growth and development. By combining their resources and expertise, these two esteemed organizations are poised to make a significant impact on the continent.

•A Holistic Approach to Entrepreneurial Development

The $6 million partnership will provide 1,000 young African entrepreneurs with a comprehensive package of support, including:

1. *Business training

: Participants will undergo rigorous business training, designed to equip them with the skills and knowledge necessary to establish and grow successful businesses.

2. *Mentorship

Each participant will be paired with an experienced mentor, who will provide guidance, support, and valuable insights to help them navigate the challenges of entrepreneurship.

3. *Access to network

Participants will gain access to a vast network of entrepreneurs, investors, and business leaders, providing opportunities for collaboration, partnership, and growth.

4. *Non-refundable $5,000 seed capital

Each participant will receive $5,000 in non-refundable seed capital, providing the necessary funding to launch or scale their businesses.

•Empowering the Next Generation of African Leaders

This strategic partnership is a testament to the commitment of TEF and the Khalifa bin Zayed Al Nahyan Foundation to empowering the next generation of African leaders. By providing young entrepreneurs with the tools, resources, and support they need to succeed, this partnership has the potential to drive economic growth, create jobs, and transform communities across Africa.

•A Brighter Future for Africa

As the partnership between TEF and the Khalifa bin Zayed Al Nahyan Foundation unfolds, the future of African entrepreneurship looks brighter than ever. With the support of these two esteemed organizations, 1,000 young African entrepreneurs are poised to make their mark on the world, driving innovation, growth, and prosperity across the continent.