features to safeguard company owners against property and life damage, as well as provide financial stability in unpredictable times. The cover tackles the fear of loss that comes with a post-Covid-19 economy, while highlighting the foundation’s objective to encourage African entrepreneurs and drive the continent’s economic development.
Somachi Chris-Asoluka, Director, Partnership and Communications, TEF, underlined the importance of the partnership, highlighting that the events of the previous year have prompted the need to train businesses on the necessity of risk mitigation in order to assure survival. According to him, the foundation’s main goal is to provide training, finance, guidance, and other essential tools to African entrepreneurs in all 54 African nations so that they may effectively run their enterprises and thus bring about socioeconomic hope to the continent.
Somachi Chris-Asoluka spoke about the foundation’s support and services to thousands of entrepreneurs. He expressed hopes over the new collaboration and detailed its benefits to the Nigerian citizens. He said, “We have funded nearly 16,000 entrepreneurs and trained hundreds of thousands of young entrepreneurs across the continent. As economies look to recover from the effects of the pandemic, there is no better time to launch this intervention with Heirs Insurance and Heirs Life, which is focused on small business owners from the TEF Alumni network. With these unique product offerings, entrepreneurs in Nigeria can further mitigate the impact of external factors on their operations, protect their investments and secure their finances”.
