Entrepreneurs supported by the Tony Elumelu Foundation (TEF) have generated $4.2 billion in revenue and created 1.5 million jobs.
A Daily Trust report highlights that entrepreneurs backed by the Tony Elumelu Foundation (TEF) have generated some $4.2 billion in revenue. These entrepreneurs have also created 1.5 million jobs. The article title reads: ‘TEF’s Entrepreneurs Generated $4.2b Revenue, Created 1.5m Jobs’. The report was published on 2026-03-23.
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Prime Minister Abiy Ahmed (Dr.) inaugurated the fourth Ethiopia Tamar expo today. He stated Ethiopia achieved $10 billion in export revenue for the first time in history this year. Industry Minister Melaku Alebel said the manufacturing sector is the center of national sovereignty.
The BATN Foundation awarded equity-free grants of N1.5 million each to 17 graduate agripreneurs on 9 June 2026 following competitive pitches at three Nigerian universities.
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Egypt could generate between $5bn and $9bn in annual revenues from exporting digital services if it creates 630,000 jobs by 2029.
Egypt's Minister of Investment and Foreign Trade Mohamed Farid announced the launch of an industrial fund under the Egyptian Sovereign Fund and a unified digital platform to support industry and exports during the Fifth Engineering Export Excellence Awards.
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Agriculture Cabinet Secretary Mutahi Kagwe has unveiled a government plan to raise smallholder tea farmers' earnings from Ksh59 per kilogram in 2022 to Ksh100 by 2027. He announced it in Embu on Thursday during the release of the 2025 Kenya Tea Industry Performance Report. The initiative includes a Ksh3.7 billion concessional loan for factory upgrades.
Former Ethereum Foundation researcher Dankrad Feist has called for a new community-led organization with a $1 billion treasury to better align incentives with Ethereum's growth.
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Egypt's Ministry of Finance announced a 30.8% rise in tax revenues, equivalent to EGP 380.3 billion, during the first eight months of fiscal year 2025/2026, bringing totals to EGP 1.614 trillion from EGP 1.234 trillion a year earlier. The ministry attributed the growth to broad-based increases across most tax categories, fueled by business engagement and recent tax reforms.