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Prosperity for Africa Foundation

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Prosperity for Africa
Motto"To support organizations that are working to solve pressing environmental, educational, human services and other issues."
Formation2019
TypeNonprofit organization
HeadquartersCalifornia, United States
President
Joseph James Nantomah
Websiteprosperityforafrica.org

Prosperity for Africa is a foundation in the United States of America focused on making grants to support environmental, education, human services[disambiguation needed] and other causes in Africa.[1] It makes both program and operating grants. Nonprofit organizations that qualify for public charity status under section 501(c)(3) of the US Internal Revenue Code or other similar organizations are eligible for grants from Prosperity for Africa.[2]

Background[edit]

Prosperity for Africa was established in 2019 by Joseph James Nantomah which he credited the United States Vice President, Mike Pence for firing up his desire to give back,[3] which led him to launch of Prosperity for Africa, a nonprofit organization focused on making grants to support environmental, education, human services, and other causes.[4]

Aims[edit]

The foundation aims to mentor business in leadership and entrepreneurship across Africa[5]

Grant funding[edit]

Since its founding in 2019, the foundation has received several grant applications and grants were handed out to struggling MSMEs in some African countries.[3] Nollywood actress Tonto Dikeh, popularly known as King Tonto, president and founder of the Tonto Dikeh foundation in collaboration with Prosperity for Africa commenced the ‘Raw Food Bank Drive,’ to distribute foods items to 5000 Nigerians as part of her own measure to give back to society.[6]

References[edit]

  1. "US-based investor Joseph James Nantomah plans to lift more distressed African MSMEs - Nigeria Economy news". Newslocker.
  2. "US-based investor Joseph James Nantomah plans to lift more distressed African MSMEs". The Sun Nigeria. 2020-10-17. Retrieved 2021-08-18.
  3. 3.0 3.1 "Prosperity for Africa foundation to lift more distressed African MSMEs". June 16, 2020.
  4. "Two companies to benefit $10,000 business grants from Prosperity for Africa foundation". March 14, 2020.
  5. "Prosperity for Africa foundation to mentor business in leadership". May 18, 2019.
  6. "Entertainers, politicians sing against COVID-19". Daily Trust. Retrieved 2021-08-18.




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