Africa’s Leading Entrepreneurship Philanthropy Catalyses Next Generation of African Entrepreneurs US$5,000 non-refundable seed capital, world-class training, and mentorship for Africa’s boldest founders 24,000+ entrepreneurs funded, 2.5 million trained, 1.5 million jobs created, US$4.2 billion in revenue generated since 2015 Lagos, Nigeria – 1 January 2026 – The Tony Elumelu Foundation (TEF) has opened applications for …

Applications Open 1 November for 100 Young Rwandans To Apply for Training and Funding   A Partnership of the Tony Elumelu Foundation, the UNDP, the European Union, and the Rwandan Ministry of Youth and Arts     Lagos, Nigeria AND KIGALI, RWANDA – November 03, 2025 – The Tony Elumelu Foundation (TEF), in partnership with …

New TEF Board member, HE Badr Jafar, is a leading businessman and social entrepreneur from the United Arab Emirates The Tony Elumelu Foundation is the leading philanthropy committed to catalysing youth entrepreneurship across Africa Since 2015, the Tony Elumelu Foundation Entrepreneurship Programme has created 1.5 million jobs, lifted 2.1 million Africans from poverty, and created $4.2 …

Global development leaders – EU, OACPS, BMZ, GIZ and TEF – scale up partnership to empower African women for a sustainable future. [Nigeria, October 6, 2025] –  The European Union (EU), Organisation of African, Caribbean and Pacific States (OACPS), German Federal Ministry for Economic Cooperation and Development (BMZ), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and …

3,000 Entrepreneurs from across Africa to Receive Funding, Training and Mentorship Since 2015: Over 21,000 Africans Empowered 5 million jobs created and $4.2 billion in revenue Over 2 million Africans lifted out of poverty   Lagos, Nigeria – March 22, 2025 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs, has announced 3,000 …

Lagos, Nigeria – March 17, 2025 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025.

Through its WorldClass Societal Impact Program, Deloitte Expands Support for TEF with 100 Additional Mentors, Building on an Initial $95,000 Investment in TEFConnect

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000 seed capital, to an additional 1,000 young African entrepreneurs.