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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Empowering Additional African Women Entrepreneurs
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TEF Opens Call for Mentors
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs across all 54 African countries, is calling on exceptional individuals with a minimum of five years of business or professional experience to apply for a chance to mentor young Africans through its US$100M TEF Entrepreneurship Programme. This call-to-action feeds into the Foundation’s mission to …
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TONY ELUMELU FOUNDATION TRAINS OVER 200,000 AFRICAN ENTREPRENEURS ACROSS 54 AFRICAN COUNTRIES
Entrepreneurs have completed the business management training globally likened to an MBA.
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Making the case for Green Entrepreneurship
As the continent continues to be impacted by rising temperatures, heightening sea levels and a plethora of extreme weather conditions, rethinking socio-economic development is crucial. As the world’s youngest continent and for the future of upcoming generations, it is important to ensure that we are building solutions that are sustainable and address issues of climate …
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TEF 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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Playing the Long Game: An Africa Beyond Aid
Africa’s population, which currently has the majority between 15 and 24, is expected to double by 2045 according to the African Development Bank, a partner of the Tony Elumelu Foundation. To mitigate the effects of this, the continent will need to create more jobs, policies and implementation plans that will allow for a more competitive …
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Emmanuel Nturanyenabo’s TEF Testimonial
My name is Emmanuel Nturanyenabo, the Founder and Managing Director of Teebah Film Village, a full-service video production company based in Rwanda. I started up Teebah Film Village in July 2017 and since that time, I have been struggling mainly with how to increase sales, and how to improve our product. At some point, I …
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Identifying the Right Opportunities for your Business
As entrepreneurs, finding the right opportunity to grow and expand our businesses is a problem that keeps some up at night. Taking advantage of an opportunity may seem like a huge risk sometimes, especially when markets and economies seem uncertain, but there are ways to identify the right opportunities most of the time is critical …
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“Nobody is more willing to get out of poverty than the people who are in poverty,” – Edwin Ikhuoria, ONE Africa Director
In this interview, the Tony Elumelu Foundation sits with Edwin Ikhuoria, the Africa Executive Director for the ONE campaign, who is leading ONE’s advocacy work across the continent. Edwin has spent over 19 years in the development sector, and before Joining ONE in 2014, worked for the Development Impact Evaluation Unit of the World Bank. …
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#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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