Press Release

TONY ELUMELU FOUNDATION AND UNITED NATIONS DEVELOPMENT PROGRAMME SIGN AGREEMENT AIMED AT SUPPORTING AFRICAN ENTREPRENEURS

Lagos, 14 October 2017 – “We have to give more attention and support to emerging African entrepreneurs, if the continent’s poverty, inequality and unemployment challenges are to be addressed,” said the Director of UNDP Africa Regional Programme and the Founder of The Tony Elumelu Foundation (TEF), in a joint statement issued today. The two organisations […]

TONY ELUMELU FOUNDATION & AGENCE FRANÇAISE DE DÉVELOPPEMENT COLLABORATE TO PROMOTE YOUTH ENTREPRENEURSHIP IN AFRICA

Lagos, 14 October 2017 – The Tony Elumelu Foundation (TEF) today signed a Memorandum of Understanding (MOU) with the Agence Française de Développement (AFD), the French bilateral development agency, to further promote youth entrepreneurship in Africa. The principal objective is to [implement/develop] a risk-sharing guarantee framework granted by the AFD to commercial banks for loans […]

TONY ELUMELU FOUNDATION (TEF) WRAPS UP 2017 TEF ENTREPRENEURSHIP FORUM – LARGEST GATHERING OF AFRICAN ENTREPRENEURS

3RD ANNUAL TEF ENTREPRENEURSHIP FORUM WAS HELD ON OCTOBER 13-14 IN LAGOS 1,300 AFRICAN SMEs, POLICYMAKERS, INCUBATORS FROM 54 COUNTRIES IN ATTENDANCE  Lagos, Nigeria, October 16, 2017 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 […]

TEF ENTREPRENEURSHIP FORUM – DAY TWO HIGHLIGHTS

Africapitalism is a development model that prioritises our youth and creates hope for them; one that creates economic empowerment and hope for the future” – Tony O. Elumelu, CON. With these words, the 2017 TEF Entrepreneurship Forum officially came to an end on Saturday, October 14, 2017. If Day One was defined by the hopes […]

TEF ENTREPRENEURSHIP FORUM – DAY ONE HIGHLIGHTS

“We are witnessing the transformative power of the private sector in changing the lives of individuals and the face of communities across Africa” …and with these prophetic words by Dr. Awele Elumelu, Trustee, Tony Elumelu Foundation, Chairperson, Avon HMO, and CEO, Avon Medical, the 2017 TEF Entrepreneurship Forum was declared open today. Day One of […]

TEF to Host 1,300 Entrepreneurs at the TEF Forum

The Tony Elumelu Foundation, TEF, Africa’s leading philanthropy, on Friday announced a plan to host 1,300 African Entrepreneurs, Business leaders and Policymakers from 54 countries in Lagos. Parminder Obe, the TEF’s Chief Executive Officer, who made this known at a briefing in Lagos, said the 3rd Annual TEF Entrepreneurship Forum was slated for October 13. […]

TONY ELUMELU FOUNDATION TO HOST LARGEST EVER GATHERING OF AFRICAN ENTREPRENEURS

3RD ANNUAL TEF ENTREPRENEURSHIP FORUM TAKING PLACE OCTOBER 13-14 IN LAGOS, NIGERIA 1,300 AFRICAN ENTREPRENEURS, BUSINESS LEADERS, POLICYMAKERS FROM 54 COUNTRIES ATTENDING Lagos, Nigeria, 4 October 2017 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to catalysing entrepreneurship, today announced that the 3rd annual TEF Entrepreneurship Forum – the most diverse annual gathering […]

CORPORATE STATEMENT

  It has been brought to our attention that Robert (Bob) Wheeler, an ex-contract staff of the Tony Elumelu Foundation (TEF) was the victim of an attack in Lagos by his former staff. The unfortunate incident is part of an ongoing police investigation.   The Tony Elumelu Foundation has been mentioned in some of the stories that have […]

Tony Elumelu Entrepreneurs to Receive Tech Support From Microsoft

THE GLOBAL TECH GIANT AND PAN-AFRICAN FOUNDATION PARTNER TO UPSKILL TEF ENTREPRENEURS ACROSS AFRICA LAGOS, Nigeria – 18 September 2017 – Microsoft, through its 4Afrika Initiative, has collaborated with the Tony Elumelu Foundation (TEF) to provide entrepreneurs in the TEF Entrepreneurship Programme with technology-based tools, resources and mentorship. Through this support – which will benefit […]

Tony Elumelu mourns with Sierra Leone, donates $500,000

Following the August 14 unprecedented disaster, Tony Elumelu, Founder of Tony Elumelu Foundation and Chairman of United Bank for Africa (UBA), yesterday, Wednesday 23 August, paid a state visit to the people and Government of Sierra Leone to commiserate over the great loss caused by devastating mudslides and floods that have claimed hundreds of innocent […]