Tony Elumelu Foundation (TEF) selects 1,000 African entrepreneurs for $10m grant

by Rachel Ogbu The Tony Elumelu Foundation (TEF) has selected 1,000 African entrepreneurs out of about 20 000 who applied in the first phase of the Tony Elumelu Entrepreneurship Programme (TEEP). Representing 52 African countries and territories, the selected winners emerged from various sectors including agriculture, education, fashion and ICT and they would receive a combined $10 million […]

Go figure: How bad is Zimbabwe’s unemployment rate; 4, 60 or 95 per cent?

by Akan Ido The problem and perhaps questions that rises with the challenge of unemployment in Africa and indeed the world over is always something not worthy to write home about in most cases when brought to fore. However, recently, Morgan Tsvangirai, the leader of the country’s opposition Movement for Democratic Change (MDC) said that […]