15 years of catalysing African entrepreneurs across all 54 countries 24,000+ entrepreneurs funded, 3,200 additional entrepreneurs announced to be funded by 2026, 1.5 million jobs created, and US$4.2 billion in revenue generated since 2015 The report highlights the transformative power of long-term investments in African entrepreneurs New York, USA – 23 September 2026 – The …
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Author Archives: Webmaster
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The Tony Elumelu Foundation Launches 15-Year Impact Report at UNGA81, Highlighting the Power of African Entrepreneurship
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$4.2 Billion in Revenue. 1.5 Million Jobs. Why The Tony Elumelu Foundation’s Bet on African Entrepreneurs Is Paying Off
As Africa marks MSME Day, The Tony Elumelu Foundation CEO Somachi Chris-Asoluka’s message offers a timely reminder that the continent’s future will not be built by aid or government alone, but by entrepreneurs creating value, solving problems, and generating prosperity from the ground up. What is Africa’s greatest economic asset? For decades, the answers have been familiar. Oil. Gas. …
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Alumni Weekly Newsletter – June 29, 2026
Subscribe Here This Week At A Glance This week, we bring you an exclusive funding opportunity just for you, more details on the hub lead nominations, spotlight one of our current hub leads, another opportunity to Have Your Say and update your contact details. Do you want to know how our founder became a billionaire? …
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Protected: Alumni Weekly Newsletter – June 22, 2026
There is no excerpt because this is a protected post.
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MEET RICHARD, BUILDING RWANDA’S ELECTRIC FUTURE
HE WATCHED RIDERS LOSE HALF THEIR INCOME TO FUEL. NOW HE’S BUILDING RWANDA’S ELECTRIC FUTURE. Every day, Richard Ngoga watched motorcycle taxi riders work long hours only to lose a significant portion of their earnings to fuel costs. For many riders, fuel consumed between 40 and 60 per cent of their daily income, making it …
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Protected: Alumni Weekly Newsletter – June 15, 2026
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Protected: Alumni Weekly Newsletter – June 8, 2026
There is no excerpt because this is a protected post.
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TEF Alumni Bulletin | Week 1 – April 27, 2026
Subscribe Here Welcome to the TEF Alumni 2026 Bulletin! Sneak Peek We’re excited to kick off this platform designed to keep you informed, engaged, and connected. Each week, we’ll be sharing key updates, opportunities, news, and upcoming plans across the Foundation and the wider alumni network. Exclusive Opportunities For Alumni: Opportunities for You As we …
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The Tony Elumelu Foundation Announces 2026 Cohort of 3,200 African Entrepreneurs
Over 27,000 Africans empowered by TEF Entrepreneurship Programme 51% Women in 2026 Cohort, Signalling Rise of Female-Led Enterprises $16 Million to Be Deployed through TEF Entrepreneurship Programmes in 2026 to Fund African Entrepreneurs Abuja, Nigeria – March 22, 2026 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs, has announced 3,200 …
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The Tony Elumelu Foundation Appoints Three New Advisory Board Members
New TEF Board members are: H.E. Badr Jafar, leading businessman and social entrepreneur from the United Arab Emirates; Per Heggenes, with about a two-decade track record in the humanitarian and development sectors, and grant-making philanthropy, who served as the first CEO of the IKEA Foundation from Norway; and Professor Paul Gompers, the Eugene Holman Professor …
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