Tony Elumelu Beneficiaries Share Experiences

The Nigerian High Commissioner to Cameroon on Friday held exchanges with the young entrepreneurs pledging her country’s support.

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The Tony Elumelu Entrepreneurship Programme, TEEP, has brought the Nigerian High Commissioner to Cameroon, Her Excellency Mustapha Hadiza, her collaborators and some Cameroonians who benefited the multi-year programme to the table. Over 10 out of the 19 Cameroonians from different parts of the country were at the Chancery of the High Commission where they shared their experiences gathered during a 12-week online business course in Lagos, Nigeria with the High Commissioner.

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Thrilling, they were and Mustapha Hadiza was overwhelmed with the zeal, enthusiasm and commitment with which the young entrepreneurs see the future. Out of 51 countries, Cameroon has the highest number of successful candidates (19 out of 1,000) that are being trained within TEEP. The entrepreneurs represent a wide range of sectors, from fashion and ICT to agriculture and education to energy. “It is gratifying to see young Africans with such inspiring start-ups” the Nigerian diplomat sounded off. The entrepreneurs unveiled their projects and business plans, rejoicing at the opportunity offered them to network with fellow youths around the continent as well as business persons in Nigeria while in Lagos Nigeria. The young business persons tickled guests with their experiences.

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The multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs inspired the young leaders whose mindsets have been revolutionalised to embrace change for Africa. For two days, the 1,000 entrepreneurs enjoyed interactive sessions with successful entrepreneurs, business and political leaders who gave a series of speeches on business development, financial management, corporate governance and other facets of successful enterprise. The ‘boot camp’ programme ended in an open mic session with Tony Elumelu, the Nigerian banker and philanthropist, who is funding TEEP. The Tony Elumelu Foundation provides each Cameroonian entrepreneur with $10,000 (about FCFA 5,900, 000) to support their businesses.

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“This is another level of cooperation and another level of interaction amongst Africans and I am happy that Cameroonians took part and were ready to come back,” she said. The Embassy has pledged to offer support in terms of liaising the entrepreneurs with business persons in Nigeria through the country’s Chamber of Commerce. Doing business in Nigeria entails respecting some regulation in place and the Embassy is ready to get the entrepreneurs abreast with all what it takes, what to invest on and where. The Joint Commission binding Cameroon and Nigeria has provisions to this effect and the Nigerian High Commissioner to Cameroon says his country is ready to support the growth of the young entrepreneurs in any way possible. 

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