The Tony Elumelu Foundation (TEF) has announced the selection of the second set of 1,000 entrepreneurs for the 2016 cycle of the Tony Elumelu Entrepreneurship Programme (TEEP).
Launched in 2015, TEEP is the largest African philanthropic initiative devoted to entrepreneurship and 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.
Over 45,000 entrepreneurs from 54 African countries applied, nearly doubling the number of applications received in 2015. Successful candidates represent 53 African countries, and diverse industries, led by agriculture and ICT.
Senior Fisheries Officer of the African Union Inter-African Bureau for Animal Resources (AU-IBAR), Dr. Mohamed Seisay, has called on governments in Africa to invest in the fisheries sector to stimulate growth and economic diversification in the continent.
According to Dr. Seisay, potentials in the fisheries sector is very huge and infrastructural development by governments is highly needed so as to enable the sector attract private investment and discourage offshore trans-shipment that is depriving government and communities of the much needed revenue and undermining the management of the sector.
Standfirst – With the recent Global Entrepreneurship Index showing Sierra Leone to be right near the bottom of the table when it comes to commerce, we need to start paying serious attention to the problem
READING through the recent Global Entrepreneurship Index (GEI) for 2016 one cannot but observe the fact that Sierra Leone comes a disturbing and worrying 128th out of the 132 countries surveyed.
The Institute of Petroleum and Management (IPEM) has on Monday called for industrial revitalisation in Sierra Leone; especially the establishment of the manufacturing sector within the production cycle.