Nigeria's independent online newspaper
Tony Elumelu meets a climate-action beneficiary of the Tony Elumelu Foundation Entrepreneurship Program.
Too often our businesses have not created value on our continent or traded commodities for short-term profit, not long-term investment. Fostering entrepreneurship, sustaining young entrepreneurs, who will grow businesses and create sustainable employment, is a crucial pathway to achieving long-term climate solutions.
Since its inception, the foundation has empowered 20,000 entrepreneurs across 54 African countries, who have created 400,000 direct and indirect jobs and generated over $2.3 billion in revenue. We have provided access to business training to more than 1.5 million young people.Given the scale of the task, we partner with the United Nations Development Program , the International Committee of the Red Cross , the European Union , and other partners to deepen our reach and impact.
By empowering young people, we are establishing a dynamic engine that drives economic growth and development across the continent. These entrepreneurs also become vital pillars of support within their communities. They are not only creating essential jobs and income, but also uplifting families and breaking the cycle of poverty. And now, more than ever, is the time to bring a climate-lens to this entrepreneurship.
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