We are a lot of young people leaving their professional careers to pursue their entrepreneurial dream ideas; this is according to Parminder Vir, chief executive of Tony Elumelu Foundation.
The foundation, through this initiative, seeks to establish the pre-eminent pan-African entrepreneurship programme that will create 10,000 start-ups across Africa within the next 10 years. The goal is to create significant employment and wealth.
“We doubled the number of applicants, from 20 thousand to over 45 thousand applicants. The number of countries participating in the programme has also increased to 54 African countries,” she said.
“The project has captured the imagination of many, not only in Pan African countries but other countries elsewhere as we now have 27 international countries participating.”
Vir said more could be done to help many young people realise their dreams.
“The foundation can do so much to create an enabling environment. Of many the 45 thousand people who applied only one thousand received the offer which leaves many others out of the programme,” she added.
“The programme is also seeing young people who are now pursuing their dreams through this initiative.”