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Nigerian invests $100 Million in Young Africans

In an effort to address Africa’s growing unemployment, Nigerian philanthropist Tony Elumelu is spending $100 million of his own money to kick-star hundreds of new small businesses – and to identify young entrepreneurs across Africa. Elumelu is the chairman of Heirs Holdings and the Tony Elumelu Foundation. He says government and large companies alone cannot provide enough jobs needed by the millions of young Africans entering the job market every year. The funds will help identify...

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