Press Release

RED CROSS AND TONY ELUMELU FOUNDATION PARTNER TO EMPOWER 200 ENTREPRENEURS IN NIGERIA’S NORTH EAST AND NIGER DELTA

  The Executive Governor of Kebbi State, Senator Abubakar Atiku Bagudu; Founder, The Tony Elumelu Foundation and Chairman, Heirs Holdings, Tony O. Elumelu; Deputy Regional Director for International Committee of the Red Cross (ICRC) Africa, Patrick Youssef; Head of ICRC delegation in Nigeria, Eloi Fillion during the historic Signing Ceremony of MoU between the Tony […]

TONY ELUMELU FOUNDATION ACCEPTING APPLICATIONS FOR 4TH CYCLE OF $100M ENTREPRENEURSHIP DEVELOPMENT PROGRAMME

APPLICATION DEADLINE: March 1, 2018 LAGOS, NIGERIA – Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa.  To apply, complete the online application at application.tonyelumelufoundation.org.  The deadline is midnight (WAT) on 1 March 2018. The Programme provides critical tools for business success, including: Training:12 weeks of intensive […]

TONY ELUMELU FOUNDATION ANNOUNCES 4TH CYCLE OF 10-YEAR, $100M ENTREPRENEURSHIP PROGRAMME

LAGOS, NIGERIA – Today, Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) – announced that on January 1, 2018, it will begin accepting applications for the 4th cycle of its entrepreneurship programme, from outstanding African entrepreneurs who have start-up or business ideas with high growth potential. The application portal opens midnight WAT […]

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. […]