Latest news with #MohamedHajiAlKhoori
Zawya
18-02-2025
- Business
- Zawya
Tony Elumelu Foundation partners with UAE Office of Development Affairs, Khalifa Bin Zayed Al Nahyan Foundation
United Arab Emirates – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000 seed capital, to an additional 1,000 young African entrepreneurs. The agreement signed, at the World Governments Summit, by TEF Founder, Tony O. Elumelu, and the Director General of the Khalifa Bin Zayed Al Nahyan Foundation, His Excellency Mohamed Haji Al Khoori, evidences both organisations' shared commitment to fostering economic empowerment and entrepreneurship across Africa. Through this partnership, the Khalifa Bin Zayed Al Nahyan Foundation will leverage the Tony Elumelu Foundation's expertise and execution ability in catalysing entrepreneurship through the Tony Elumelu Entrepreneurship Programme, which has pioneered business management training, mentorship, and capital funding for African entrepreneurs. The Khalifa Bin Zayed Al Nahyan Foundation, a distinguished philanthropic organisation, affiliated with Erth Zayed, has a long-standing commitment to humanitarian and developmental projects, focusing on education, healthcare, economic empowerment, and enterprise development. "Empowering entrepreneurs is not just a moral imperative, but also a strategic investment in Africa's future. By providing the necessary access to capital, mentorship, and resources, we are unlocking the potential of Africa's entrepreneurial talent, eradicating poverty, driving self-reliance, and paving the way for inclusive growth and prosperity on the continent. This partnership between the Tony Elumelu Foundation and the Khalifa Bin Zayed Al Nahyan Foundation not only reflects our shared vision of empowering Africa's next generation of business leaders, but will also create a ripple effect of economic transformation across the continent.", Tony Elumelu stated. His Excellency Mohamed Haji Al Khoori added, "Erth Zayed's mission is to foster impactful partnerships that drive humanitarian and developmental progress. Supporting young African entrepreneurs aligns with our goal of strengthening economies and building sustainable businesses that uplift communities." Since the launch of the TEF Entrepreneurship Programme in 2015, the Tony Elumelu Foundation has provided up to 2.5 million young Africans with access to trainings on its digital hub, TEFConnect, and disbursed over US$ 100 million in direct funding to more than 21,000 African women and men, who have collectively created over 1.5 million direct and indirect jobs. Through its initiatives, the Tony Elumelu Foundation has brought 2 million Africans out of poverty. In addition to its self-funded programmes, TEF works with international partners including the EU, the UNDP, the ICRC and the Ikea Foundation. The partnership with the Khalifa Bin Zayed Al Nahyan Foundation, is the first with a Gulf based philanthropy and represents a further example of the strong investment, diplomatic and cultural ties between the GCC and Africa. The Tony Elumelu Foundation is currently accepting applications from young entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years on TEFConnect. African entrepreneurs are encouraged to apply to initiatives to receive training, mentorship, access to networks, and funding. Application deadline is March 1, 2025. Visit the TEF Impact Page and African Success Stories to learn more about the Tony Elumelu Foundation's impact across the continent, as well as the initiatives being driven by past beneficiaries of the TEF Entrepreneurship Programme. Media Contact: Moyo Awotile Head, Marketing & Corporate Communications The Tony Elumelu Foundation Email:
TECHx
15-02-2025
- Business
- TECHx
UAE Commits US$60M to Support Visually Impaired Students in Ethiopia News Desk - 15/02/2025 ShareUnder the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a new US$60 million (AED220 million) initiative aimed at developing schools to support the educational needs of visually impaired students in Ethiopia. This project will be spearheaded by the Khalifa Bin Zayed Al Nahyan Foundation, a key entity of Erth Zayed Philanthropies, in collaboration with the Federal Democratic Republic of Ethiopia.The initiative builds upon the success of the Sheikha Fatima bint Mubarak School for the Blind in Addis Ababa, inaugurated in May 2024. The agreement was signed by Mohamed Haji AlKhoori, Director-General of the Khalifa Bin Zayed Al Nahyan Foundation, in the presence of Sheikh Shakhboot bin Nahyan Al Nahyan, UAE Minister of State and member of the Board of Trustees of Erth Zayed Philanthropies, and Zinash Tayachew, First Lady of Ethiopia.With approximately 1.2 million visually impaired individuals in Ethiopia, including 332,000 classified as blind, this initiative will provide crucial support, especially in rural areas with limited access to educational and healthcare services. Ethiopia also faces high rates of trachoma, a preventable eye disease, which disproportionately affects underserved communities.The new schools, supported by the Ethiopian Ministry of Education, will serve as centres of excellence by integrating cutting-edge assistive technologies, specialised curricula, and vocational programmes designed to help visually impaired students achieve higher education and integrate into the workforce.H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs, emphasized the UAE's dedication to supporting people of determination worldwide. He stated, 'This initiative reflects our shared commitment with Ethiopia to ensure everyone, regardless of challenges, can thrive in an inclusive and equitable society.'Sheikh Shakhboot bin Nahyan Al Nahyan added, 'This partnership underscores our commitment to uplifting communities and expanding access to essential services, creating opportunities for sustainable growth and prosperity.'First Lady Zinash Tayachew expressed gratitude for the UAE's continued support in helping ensure quality education for all Ethiopian citizens, regardless of ability, and promoting a more inclusive society.Mohamed Haji AlKhoori reaffirmed the importance of education as a fundamental right, highlighting the transformative potential of global partnerships to create lasting impact and empower future generations.Along with the Sheikha Fatima bint Mubarak School for the Blind, the newly announced schools will form a comprehensive network across Ethiopia, expanding access to inclusive education and ensuring that visually impaired students from all backgrounds have the opportunity to succeed and contribute to society.The UAE's commitment to strengthening Ethiopia's educational infrastructure is set to make a significant difference in the lives of visually impaired students, providing them with the tools and opportunities to reach their full potential.
UAE Commits US$60M to Support Visually Impaired Students in Ethiopia Under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced a new US$60 million (AED220 million) initiative aimed at developing schools to support the educational needs of visually impaired students in Ethiopia. This project will be spearheaded by the Khalifa Bin Zayed Al Nahyan Foundation, a key entity of Erth Zayed Philanthropies, in collaboration with the Federal Democratic Republic of Ethiopia. The initiative builds upon the success of the Sheikha Fatima bint Mubarak School for the Blind in Addis Ababa, inaugurated in May 2024. The agreement was signed by Mohamed Haji AlKhoori, Director-General of the Khalifa Bin Zayed Al Nahyan Foundation, in the presence of Sheikh Shakhboot bin Nahyan Al Nahyan, UAE Minister of State and member of the Board of Trustees of Erth Zayed Philanthropies, and Zinash Tayachew, First Lady of Ethiopia. With approximately 1.2 million visually impaired individuals in Ethiopia, including 332,000 classified as blind, this initiative will provide crucial support, especially in rural areas with limited access to educational and healthcare services. Ethiopia also faces high rates of trachoma, a preventable eye disease, which disproportionately affects underserved communities. The new schools, supported by the Ethiopian Ministry of Education, will serve as centres of excellence by integrating cutting-edge assistive technologies, specialised curricula, and vocational programmes designed to help visually impaired students achieve higher education and integrate into the workforce. H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs, emphasized the UAE's dedication to supporting people of determination worldwide. He stated, 'This initiative reflects our shared commitment with Ethiopia to ensure everyone, regardless of challenges, can thrive in an inclusive and equitable society.' Sheikh Shakhboot bin Nahyan Al Nahyan added, 'This partnership underscores our commitment to uplifting communities and expanding access to essential services, creating opportunities for sustainable growth and prosperity.' First Lady Zinash Tayachew expressed gratitude for the UAE's continued support in helping ensure quality education for all Ethiopian citizens, regardless of ability, and promoting a more inclusive society. Mohamed Haji AlKhoori reaffirmed the importance of education as a fundamental right, highlighting the transformative potential of global partnerships to create lasting impact and empower future generations. Along with the Sheikha Fatima bint Mubarak School for the Blind, the newly announced schools will form a comprehensive network across Ethiopia, expanding access to inclusive education and ensuring that visually impaired students from all backgrounds have the opportunity to succeed and contribute to society. The UAE's commitment to strengthening Ethiopia's educational infrastructure is set to make a significant difference in the lives of visually impaired students, providing them with the tools and opportunities to reach their full potential.
