THE TONY ELUMELU FOUNDATION, PARTNER OF CHOICE FOR ENTREPRENEURSHIP IN AFRICA
The Tony Elumelu Foundation under it’s Flagship “TEF Entrepreneurship Programme” has committed $100 million through our founder’s endowment to identify, train, mentor and fund 10,000 entrepreneurs across Africa over 10 years.
With over 150,000 applications in the first 3 years alone there is a unique opportunity for like minded organizations to partner with the Tony Elumelu Foundation in order select many more entrepreneurs yearly to be a part of the program. With access to the largest entrepreneurship ecosystem on the continent, our partners would be leveraging on our networks, extensive experience, as well as a tried and tested system that has been proven to produce maximum impact.
The goal is that 10,000 entrepreneurs will create 1 million jobs and generate $10 billion in additional revenue on the continent. With our strategic partners we can multiply these figures exponentially. To this end, an opportunity also exists for second tier funding by TEF Partners in the form of debt or equity financing for the High Growth Companies that make up our growing pool of TEF Alumni.
Entrepreneurs Who Have Benefited From Our Partners
She started her business in a small one-bedroom apartment and has been able to transform her business to a point where they own their pick-up hub.
In September 2014, Lawan ventured into the Agro-business sector with the aim of producing healthy and affordable poultry.
Nkem Okocha, Founder of Mamamoni is a FinTech Social Enterprise that empowers poor rural and urban slum women with free vocational skills.
Kwabena Danso , CEO Booomers International Ltd, Africa’s leading producer of bamboo bicycles in Africa shared his success and plans.
Joycee Awosika is the MD/CEO of ORÍKÌ (a luxury skincare brand that fuses natural ingredients & scientific research to create extraordinary products) .
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Join us in this exciting journey as we change the African narrative through empowering African Entrepreneurs and contributing to its economic development.