Tuesday, 16th August 2022
<To guardian.ng
Search
Breaking News:

TEF, Google.org announce support for African entrepreneurs

By Eniola Daniel
17 March 2022   |   3:58 am
The Tony Elumelu Foundation (TEF) and Google have announced the inaugural Google.org Fellowship to provide one more million Africans access to TEFConnect.

The Tony Elumelu Foundation (TEF) and Google have announced the inaugural Google.org Fellowship to provide one more million Africans access to TEFConnect.

The fellowship, which was announced yesterday, is building on an initial $3 million grant by Google.org to support the 2021 TEF Entrepreneurship Programme by empowering extra 500 African women to start or scale up their businesses.

The partnership between the two organisations, which was announced at TEF headquarters in Lagos, is aimed at empowering young African entrepreneurs from 54 African countries. The partnership is the first Google.org Fellowship in Africa.

Nine full-time Google employees, including software engineers, UI/UX researchers and policy experts, will work with the foundation to design and build an upgraded version of the TEFConnect platform.

Since inception, TEF Entrepreneurship Programme initiative has supported over 15,000 African entrepreneurs and disbursed over $85 million in seed capital till date to support small business growth across Africa.

CEO, Jesu Puro Water and TEF beneficiary, Lungile Marhungane, said: “Before the TEF Entrepreneurship Programme, my water company suffered financial setbacks. Since TEF support, I have purchased new machines and impact more communities to ease the water purification process. I deliver clean water to villages that lack access to clean water at an affordable price. TEF grant was a dream come true for a great opportunity and me. More people should partake, this is the most innovative platform in Africa.”

Also speaking, TEF’s co-founder, Dr. Awele Elumelu observed: “We are pleased to continue to share our unique ability and platform to identify, train, mentor and fund young entrepreneurs across Africa with like-minded institutions like Google.org which share in our commitment to empower young African entrepreneurs. It will be exciting to see the ways in which the refreshed TEFConnect platform will continue to provide a space for growth, personal development and meaningful exchange for African entrepreneurs. In line with our founding philosophy of Africapitalism, we believe that entrepreneurs are the catalyst for the social and economic development of the African continent.”

Google.org’s Global Head of Technology, Jen Carter, said: “We are delighted to kick off our first Google.org Fellowship in Africa. The Tony Elumelu Foundation does so much to empower African entrepreneurs, and we are thrilled to be able to lend the expertise of Googlers to expand the reach of the TEFConnect platform to an additional 1 million entrepreneurs.”