Two Namibians are among 1000 entrepreneurs selected to participate in the Tony Elumelu Entrepreneurship Programme.
Josephine Naango Ndakulilwa Shikongo and Lukas Nghilukilwa Thomas were selected from over 45,000 entrepreneurs from 54 African countries who applied this year.
Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship. The programme represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs and add $10 billion in revenues to Africa’s economy.
Founder, Tony O. Elumelu, commented: “In TEEP’s first year we spent over $8 million of our $100 million commitment, with $5 million going directly to entrepreneurs as seed capital, and the results have far exceeded our expectations… The 2016 Tony Elumelu Entrepreneurs will become a generation of newly empowered African business owners, who are the clearest evidence yet, that indigenous business growth will drive Africa’s economic and social transformation.”