Elumelu Foundation empowered 8,000 African women in 10 years — Co-founder

A co-founder of a foundation recently shared that over the past decade, their organization has empowered 8,000 women in 54 African countries. This represents a significant portion of the entrepreneurs supported by the foundation. The announcement was made during a keynote address at a conference in Lagos, focusing on leadership in a disruptive age and opportunities in technology and sustainability.

The co-founder emphasized the impact of supporting women entrepreneurs, stating that empowering a woman also uplifts the nation. The foundation is dedicated to assisting young African entrepreneurs, both men and women, by providing training, mentorship, and financial support for their businesses.

The foundation’s commitment to empowering women was highlighted, with efforts made to ensure gender equality in funding distribution. Interestingly, female beneficiaries were reported to have slightly higher profits than male beneficiaries in the past year.

Stakeholders were urged to reconsider leadership practices in a rapidly changing world. The importance of women directors in navigating disruptions and seizing emerging opportunities was emphasized by various speakers at the event.

The event’s organizers noted the relevance of discussing technology advancements and the importance of diversity, equity, and sustainability in Nigeria’s current landscape. Challenges in promoting diversity, equity, and sustainability in the workplace were acknowledged, emphasizing the need for continued efforts in these areas.