Elumelu: If empowered and supported, start-ups can fixchallenges countries face. Speaking during the event, Elumelu observed that providing financing for African start-ups is one of the most viable and effective ways to spur economic transformation across the continent. The TEF Entrepreneurship Programme, a flagship initiative supporting African start-ups, provides not only financial support but also business training and mentorship. For Malawian start-ups, this funding offers a vital boost at a time access to capital remains a major challenge for small and medium enterprises (SMEs). We can achieve more with development banks,” he said.