• Tony Elumelu at Choose Submit

    Tony O. Elumelu Speaks On Key Sectors of The Nigerian Economy

    In a recent interview, our Founder shared his insights on key sectors of the economy. Here are some of our major takeaways: ON INSURANCE: “When phone use started, we had about 60,000 land phones but today approximately, 154 million Nigerians now have internet access, and it is only a matter of time for insurance to …

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  • Women Entrepreneurs

    Empowering Additional African Women Entrepreneurs

    Even before there was a pandemic, women-led MSMEs faced more challenges in comparison to their male counterparts. According to the United Nations, 27% of female entrepreneurship rate in Africa is the highest in the world; Sub-Saharan Africa is the only region in the world where there are more women than men who become entrepreneurs. Still, …

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    Entrepreneurs have completed the business management training globally likened to an MBA.

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  • The Tony Elumelu Foundation and DEG Partner to Empower 200 Additional Entrepreneurs Across Africa

    The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector in emerging-market countries, to empower an additional 200 entrepreneurs across Africa. The initiative will fund 200 additional young African entrepreneurs complementing the US$100m Tony Elumelu …

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  • Cover of TEFConnect Africa Day Initiative

    #TEFConnectAfrica50: 50 Entrepreneurs to Connect with in Africa!

    The biggest story of the last year has undoubtedly been the novel coronavirus and, irreversibly, its effect on the economy. However, entrepreneurs in Africa have remained committed to their vision to reshape the narrative of Africa while ensuring the best possible future. From businesses to social enterprises, African entrepreneurs across the continent are undeniably making …

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  • TEF Founder, Tony Elumelu Live on Arise News

    “Everything We Do is About Impacting Lives and Transforming our Society,” Tony Elumelu Says on AriseTV’s “The Morning Show”

    On Wednesday, May 5, 2021, Founder of the Tony Elumelu Foundation, Tony O. Elumelu(CON), was live on AriseTV’s The Morning Show where he discussed business, economy and investments in Africa, corporate governance and gender inclusion and equality. Here are some impactful quotes from the conversation: On Business: To a large extent, my mum played a …

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  • Stanford report cover

    Tony Elumelu Foundation Partners with Stanford University to release study on African Entrepreneurs

    New research on African entrepreneurs by the Tony Elumelu Foundation in partnership with Stanford University reveals insights into the divergent cultural factors that influence the entrepreneurial journey (of women especially) in Africa. The conclusions point to some patterns and qualities that favour entrepreneurial success, offering lessons in entrepreneurship in Africa and beyond. Here are key insights from …

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  • TEF features Guest Speaker, Kasarachi Innocent, on the launch of its TEF IMPACT SERIES

    TEF features Guest Speaker, Kasarachi Innocent, on the launch of its TEF IMPACT SERIES

    Earlier today, Wednesday, April 21, the Tony Elumelu Foundation (TEF) launched its first Impact series, dedicated to spotlighting exciting, inspiring stories by featuring unique changemakers in different fields. The first guest at the event themed “Resilience in Entrepreneurship”, Kasarachi Innocent, shared valuable tips on building a successful lasting enterprise. Kasarachi is the founder and CEO, …

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  • Tony Elumelu


    UMA CARTA DO FUNDADOR, A FUNDAÇÃO TONY ELUMELU Em 2020, o mundo parou, mas nós não. Quando lançamos a Fundação Tony Elumelu em 2010, fizemos algo novo na África – “democratizamos” a sorte. Em minha própria jornada empresarial, eu sabia que a sorte tinha desempenhado um papel importante e estava determinado a que outros, muitos …

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  • Tony Elumelu


    UNE LETTRE DU FONDATEUR, DE LA FONDATION TONY ELUMELU En 2020, le monde s’est arrêté, mais pas nous. Quand nous avons lancé la Fondation Tony Elumelu en 2010, nous avons fait quelque chose de nouveau en Afrique – nous “avons démocratisé” la chance. Dans mon propre parcours entrepreneurial, j’ai su que la chance avait joué …

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