In Angola, Ribeiro Tenguna saw that challenge long before digital commerce became mainstream. Rather than wait for international platforms to solve local problems, he built one designed specifically for Angolan businesses. Through Kussumba Marketplace, Tenguna is helping entrepreneurs connect with customers, embrace digital trade and participate more fully in Africa’s growing digital economy. His journey …
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Ribeiro Tenguna Is Building Angola’s Digital Commerce Future
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Tony Elumelu Foundation Announces 100 Rwandan Entrepreneurs for Aguka Ideation Programme
The Tony Elumelu Foundation, in partnership with the United Nations Development Programme (UNDP), the Ministry of Youth and Arts of Rwanda, and the European Union, has welcomed the fourth cohort of the Aguka Ideation Programme, celebrating the selection of 100 young Rwandan entrepreneurs who are set to transform bold ideas into thriving businesses. As the …
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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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Protected: Alumni Weekly Newsletter – June 29, 2026
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Protected: Alumni Weekly Newsletter – June 22, 2026
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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
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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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