Foundation to create 1m jobs in Africa



    Foundation to create 1m jobs in Africa

    By Huseyn Abubakar Mbar

    The Chief Executive Officer, Tony Emulelu Foundation Lagos, Mr Tony Emulelu, mentioned on Tuesday the organisation would create over a million jobs throughout Africa within the subsequent 10 years by means of its entrepreneurship Programme.

    The basis floats the over N3 trillion entrepreneurship.

    Emulelu, a former Managing Director of United Bank for Africa (UBA) Plc, mentioned this by means of a tele-conference coordinated on the Business Branch of UBA, Bank Road, Bauchi.

    He mentioned that the muse, established in 2014, had already educated and mentored three,000 entrepreneurs in Africa within the final three segments of the programme.

    According to him, the muse which commenced operations in 2015 targets the coaching and mentoring of over 10,000 African entrepreneurs by 2024.

    He mentioned that solely 200 Nigerians had thus far benefited from the programme out of the three,000 African entrepreneurs which have keyed into the programme within the final three years.

    “The North-East sub-region of Nigeria has the least beneficiaries as a result of solely 4 folks from Azare city in Bauchi State have thus far benefited from such gesture.

    “The region is backward in terms of entrepreneurship and the least beneficiaries of the foundation and I urge the people within the region to avail themselves of this opportunity,” mentioned Elumelu.

    He added that the beneficiaries have been educated and mentored in agriculture, schooling, manufacturing, well being care, tourism, media and leisure, business retail, telecommunications, ICT, Fashion and design and different skilled providers.

    He mentioned that other than the three-week free coaching programme the beneficiaries attended, they have been additionally assisted with N1.57 million every to both startup new companies or enhance present enterprises.

    Emulelu defined that 180,000 candidates have been anticipated to learn from the programme designed to equip entrepreneurs with the talents wanted to construct sturdy and sustainable companies from inside and out of doors the African Continent in 2018.

    He mentioned that it was anticipated that the 10-year programme would establish, develop and create 10,000 start-up companies throughout Africa that developed ingenious options to urgent financial challenges of their communities and international locations in addition to enhance lives, generate employment and wealth.

    The chief govt officer mentioned that the 10-year plan would additionally create a million new jobs and contribute N3.15 trillion extra revenues throughout Africa.

    He urged potential candidates to use to allow them to learn from the Programme. (NAN)