The Tony Elumelu Foundation (TEF), has opened up its application to support small and medium scale enterprises.
The CEO of the Tony Elumelu Foundation, Ifeyinwa Ugochukwu noted that this year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.
“TEF is now more than ever demonstrating our commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation. The pandemic has created challenges across the continent, but we know that with the Tony Elumelu Foundation’s tried and tested Programme, we can execute the largest Covid-19 economic recovery plan for African SMEs and break the cycle of poverty in Africa.”
The application opens on TEFConnect digital platform (www.tefconnect.com) from January 1st.