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Billionaire offers fat kitty for 10,000 future African entrepreneurs

Kenya: Kenyan entrepreneurs stand a chance of getting close to Sh900,000 in seed capital through the Tony Elumelu Foundation Entrepreneurship Programme (TEEP). Our writer KIUNDU WAWERU was in Lagos during the TEEP launch and brings you the story of the Nigerian billionaire behind this gift to ‘Africa.’

It is a hot December morning in Lagos, Nigeria. The air-conditioned Honda sedan playing cool music from one of the nation’s great, Fela Kuti, comes to a stop at a not so imposing office block.

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