Today, we shine the light on Margaret Umet, an entrepreneur who is into the production of Coconut oil and distribution of eggs in Nigeria. Q: When did you receive the grant? A: I received the grant on the 29th of December 2021 Q: What business are you into and how do you run it? A: …
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Alumni stories
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#TEFAlumniCorner: Margaret Umet, Coconut Oil Producer from Nigeria
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#TEFAlumniCorner: Ochanya Antenyi, budding Nigerian Entrepreneur
Welcome to the ‘TEF Alumni Corner’ – our column where we get to know more about the previous beneficiaries of the $5,000 TEF grant and to follow their entrepreneurial journey. Today, the spotlight is on Ochanya Antenyi, a Nigerian entrepreneur who received the $5000 grant in December, 2021. Q: When did you receive the grant? …
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Olasupo Abideen Is Changing How Africans Access Cooking Gas
Olasupo Abideen grew up watching his mother run several businesses. At the time, she was a local trader who sold soft drinks (amongst other provisions) and managed an alternative drugstore that catered to their immediate community. It was this proximity to that enterprising spirit, sometimes manning his mother’s shops, procuring inventory, managing finances, and even …
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WE4A: Meet Some Of The TEF Alumnae Who Will Receive 2nd Stage Funding of Up to €50,000
Angela Kimani of Ranks Leather Angela Kimani is a 2019 Tony Elumelu Foundation Alumni and Founder of Ranks Leather. Ranks Leather is a leather goods manufacturing and social enterprise company, specialized in making leather footwear and accessories. It is popularly known as ‘The World of Leather’ in Kenya, where the business is located. Angela is …
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George Truth on His Life-Changing TEF Experience
George Truth Chukwudi was driving home one evening in 2015 when a radio jingle caught his attention. The jingle was lively, he recalled, and it was an announcement of Mr Tony O. Elumelu’s plans to empower aspiring and semi-established African entrepreneurs across the African continent through what is now known as the Tony Elumelu Foundation …
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Curacel is Addressing Insurance Inclusion in Africa Through Technology
As of 2019, Africa’s aggregate insurance penetration rate was only 2.78%, compared to the global average insurance penetration rate of 7.23%. This low penetration and adoption of insurance in Africa led Henry Mascot, 2017 TEF Alumnni, to establish Curacel to drive insurance inclusion in emerging markets across the continent. Curacel Systems, an AI-powered claims management …
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Iyin Creative Is Preserving And Promoting Africa’s Rich Cultural Heritage
In Nigeria today, priority is placed more on teaching children in English language, as it is the lingua franca of the country. However, this automatically creates a challenge as these children grow into adults who are unable to speak their local dialects and know very little about their cultural heritage. Iyin Creative, an innovative animation …
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Pad-Up Creations is Revolutionising Menstrual Hygiene Management in Africa
A recent study by UNESCO shows that in Africa, one in every 10 girls misses school when menstruating, mostly because of the inability to afford menstrual products. This has a significant impact on their education and general quality of lives as young girls. Olivia Onyemaobi, 2016 TEF Alumna, is addressing this issue through her business, …
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Dochase Is Fast Becoming Africa’s Digital Advertising Backbone
What had initially started as a sheer love for computing for the fresh University graduate, Chibuike Goodnews, 2015 TEF Alumni and CEO, Dochase, has since grown to become a pan-African data and internet company that facilitates connection between businesses and customers and connects everyday people with products they love, need, and want. Dochase is a …
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Built Accounting Has Impacted Over 5,000 African Businesses
When asked about his motivation behind the establishment of Built Accounting, 2018 TEF Alumna and Co-founder, Edward Neequaye narrated the story of how he had encountered a large number of young people outside a betting company in a small village of Karaga, in the Northern region of Ghana. “What if these youth can be trained …
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