Celebrating 13 years of empowering African entrepreneurs in all 54 African countries
Tony Elumelu Foundation Entrepreneurs
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Young Africans empowered with
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Young African
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African countries

We believe in African Entrepreneurship. So
We built an infrastructure that supports entrepreneurial talents across the continent.

The Tony Elumelu Foundation is the leading philanthropy empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and increasing women economic empowerment. Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to 20,000 young African women and men, who have collectively created over 400,000 direct and indirect jobs. The Foundation’s mission is rooted in Africapitalism, which positions the private sector,  and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent. 

Did you know?
TEF looks out for and selects entrepreneurs with the most innovative, high potential business ideas across all 54 African countries.
Did you know?
TEF proprietary digital platform; TEFConnect has over 1.5 million registered individuals from across the world to help entrepreneurs nurture their business.
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Did you know?
Since 2015 the TEF has funded 20,000 young Africans with non-returnable seed capital of $5,000 each
Did you know?
$102 million has been paid directly as seed capitals to support and grow African start-ups.
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Did you know?
TEF was founded in 2010 by Tony O. Elumelu, CON with the mandate of empowering women and men across the African continent through entrepreneurship.
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Did you know?
TEF has a Business Management Training Programme that equips entrepreneurs with the technical and soft skills needed to run a successful business.
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Did you know?
TEF beneficiaries are spread across all 54 African Countries and African Regions (Central, East, Northern, Southern and Western Africa).
Did you know?
Through our direct activities and investments, as well as the support we give to entrepreneurs across sectors in Africa, we are directly and indirectly contributing to the 17 United Nations Sustainable Development Goals (SDGs)




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