Society
Details: Tony Elumelu Takes Up New Role
has taken another giant step
King of commerce with a keen interest in a better tomorrow for all, Tony Elumelu has taken up a new role.
The chairman of the leader by kilometers Transcorp Group has taken another giant step through the Tony Elumelu Foundation (TEF)- the non-profit organization grooming change makers in different businesses across the world.
SocietyNow.Ng gathered that the foundation founded by Elumelu in 2010 has taken up the gauntlet of limiting the impact of the climate crisis across Africa.
Elumelu’s TEF is working with partners like UNICEF Generation Unlimited and IKEA Foundation.
“We have just launched an inaugural Green Entrepreneurship Programme with an initial sum of USD$3.5 million, to empower, train, fund, mentor, coach, and capacitise 120 young African entrepreneurs in this pilot phase – 50% will be women – with businesses in Kenya’s high-impact green sectors.” the billionaire who is also the chairman of United Bank for Africa (UBA) disclosed in a post.
Green entrepreneurship defines a particular type of entrepreneurship that seeks solutions to environmental challenges while advocating social change that further protects the environment.
Elumelu who noted that green entrepreneurship and agripreneurship play critical roles in driving innovative solutions to environmental issues further disclosed that the efforts of the Tony Elumelu Foundation and its partners are “starting with East Africa, and scaling to the rest of Africa, to mitigate the effects of the climate crisis.”
The climate crisis, an extreme and widespread shift in weather conditions has resulted in drought, flood, and inevitable famine among other unfavorable happenings.
“Our collective goal is to see young entrepreneurs in Africa build sustainable businesses for themselves and generate viable green jobs, so that our young ones are not left behind in the inevitable green economy that the world will be transitioning to.” Elumelu tells the objectives of the intervention by the TEF, UNICEF, and the IKEA Foundation.
Elumelu who will be very actively involved in seeing the endeavor through further pointed out that “Climate change is not just a threat to our future, it is also a threat to our present and there is no time to wait for climate action in Africa.”
