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	<title>EmpoweredbyTEF &#8211; The Tony Elumelu Foundation</title>
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	<description>Promoting African Entrepreneurship and empowering African Entrepreneurs</description>
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	<title>EmpoweredbyTEF &#8211; The Tony Elumelu Foundation</title>
	<link>https://www.tonyelumelufoundation.org</link>
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		<title>5 Compelling Reasons To Join The Global TEF Mentor Guild</title>
		<link>https://www.tonyelumelufoundation.org/news/5-compelling-reasons-to-join-the-global-tef-mentor-guild#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=5-compelling-reasons-to-join-the-global-tef-mentor-guild</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Tue, 27 Feb 2024 09:40:09 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[EmpoweredbyTEF]]></category>
		<category><![CDATA[Mentors]]></category>
		<category><![CDATA[Mentorship]]></category>
		<category><![CDATA[TEF2024]]></category>
		<category><![CDATA[TEFmentor]]></category>
		<guid isPermaLink="false">https://www.tonyelumelufoundation.org/?p=24357</guid>

					<description><![CDATA[<p>TEF Mentor Signup: Are you passionate about Africa’s development? Do you possess expertise in business or a professional field? Here’s your chance to make a meaningful impact by becoming a mentor with the Tony Elumelu Foundation Entrepreneurship Programme (TEF). Click the link below to sign up as a #TEFMentor! Sign up as a TEF Mentor &#8230;</p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/5-compelling-reasons-to-join-the-global-tef-mentor-guild">5 Compelling Reasons To Join The Global TEF Mentor Guild</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><strong>TEF Mentor</strong> <strong>Signup</strong>: Are you passionate about Africa’s development? Do you possess expertise in business or a professional field? Here’s your chance to make a meaningful impact by <a href="https://www.tonyelumelufoundation.org/mentors/tef-mentors">becoming a mentor</a> with the Tony Elumelu Foundation Entrepreneurship Programme (TEF). Click the link below to sign up as a #TEFMentor!</p>



<p><a href="https://www.surveymonkey.com/r/Q36PTNM" target="_blank" rel="noreferrer noopener">Sign up as a TEF Mentor here </a></p>



<h2 class="wp-block-heading">TEF Mentor Signup: Reasons to Join the TEF Mentor Guild</h2>



<ol class="wp-block-list">
<li><strong>Empower Africa’s Future Leaders</strong></li>
</ol>



<p>Joining the Global Tony Elumelu Foundation Mentor Guild gives you the opportunity to make a real difference in Africa&#8217;s future. Your mentorship will guide and support the next generation of African leaders as they navigate the world of entrepreneurship.</p>


<div class="wp-block-image is-style-default">
<figure class="aligncenter size-large is-resized"><img fetchpriority="high" decoding="async" width="819" height="1024" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463-819x1024.jpg" alt="TEF Mentor Signup 1" class="wp-image-24358" style="width:274px;height:auto" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463-819x1024.jpg 819w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463-240x300.jpg 240w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463-768x960.jpg 768w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463-1228x1536.jpg 1228w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022125463.jpg 1242w" sizes="(max-width: 819px) 100vw, 819px" /></figure></div>


<ol class="wp-block-list" start="2">
<li><strong>Connect with Africa’s Brightest Minds</strong></li>
</ol>



<p>As a mentor, you&#8217;ll be matched with Tony Elumelu Entrepreneurs whose goals align with your expertise and interests. This connection allows you to share your knowledge and experience directly with individuals who are driving change and innovation across the continent.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" width="819" height="1024" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345-819x1024.jpg" alt="TEF Mentor Signup 2" class="wp-image-24359" style="width:274px" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345-819x1024.jpg 819w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345-240x300.jpg 240w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345-768x960.jpg 768w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345-1228x1536.jpg 1228w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022126345.jpg 1242w" sizes="(max-width: 819px) 100vw, 819px" /></figure></div>


<ol class="wp-block-list" start="3">
<li><strong>Flexible Commitment, Lasting Impact</strong></li>
</ol>



<p>With just 2 hours of your time each month for a 12-month period, you can contribute to poverty eradication, job creation, and women&#8217;s economic inclusion in Africa. Your commitment may be small, but the impact is significant and long-lasting.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" width="819" height="1024" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463-819x1024.jpg" alt="TEF Mentor Signup 3" class="wp-image-24360" style="width:274px" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463-819x1024.jpg 819w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463-240x300.jpg 240w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463-768x960.jpg 768w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463-1228x1536.jpg 1228w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128463.jpg 1242w" sizes="(max-width: 819px) 100vw, 819px" /></figure></div>


<ol class="wp-block-list" start="4">
<li><strong>Grow Personally and Professionally</strong></li>
</ol>



<p>Joining the Mentor Guild isn&#8217;t just about giving back—it&#8217;s also about personal and professional growth. Receive certificates of achievement and access valuable opportunities to enhance your skills and expand your network within the global community.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="819" height="1024" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620-819x1024.jpg" alt="Grow Personally and Professionally" class="wp-image-24361" style="width:274px" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620-819x1024.jpg 819w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620-240x300.jpg 240w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620-768x960.jpg 768w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620-1228x1536.jpg 1228w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128620.jpg 1242w" sizes="(max-width: 819px) 100vw, 819px" /></figure></div>


<ol class="wp-block-list" start="5">
<li><strong>Be Part of Africa’s Entrepreneurial Revolution</strong></li>
</ol>



<p>The TEF Entrepreneurship Programme has already trained over 1.5 million young Africans. Provided millions of dollars in funding to up to 20,000 entrepreneurs. By joining our Mentor Guild, you become an integral part of Africa&#8217;s entrepreneurial revolution, driving positive change and economic development across the continent.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="819" height="1024" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711-819x1024.jpg" alt="Be Part of Africa’s Entrepreneurial Revolution" class="wp-image-24362" style="width:274px" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711-819x1024.jpg 819w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711-240x300.jpg 240w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711-768x960.jpg 768w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711-1228x1536.jpg 1228w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/1709022128711.jpg 1242w" sizes="(max-width: 819px) 100vw, 819px" /></figure></div>


<p>Don&#8217;t miss this opportunity to make a difference and shape Africa&#8217;s future. <a href="https://forms.gle/TrtQiQygAoz4je2r6" target="_blank" rel="noreferrer noopener">Click here for the TEF Mentor Signup</a> and be a part of empowering Africa&#8217;s next generation of leaders.</p>



<h2 class="wp-block-heading">About The Tony Elumelu Foundation</h2>



<p>The Tony Elumelu Foundation is the leading philanthropy empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and ensuring inclusive economic empowerment. Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, <a href="http://tefconnect.com" target="_blank" rel="noreferrer noopener">TEFConnect</a>, and disbursed nearly USD$100 million in direct funding to 18,000 African women and men, who have collectively created over 400,000 direct and indirect jobs. The Foundation’s mission is rooted in Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent. </p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/5-compelling-reasons-to-join-the-global-tef-mentor-guild">5 Compelling Reasons To Join The Global TEF Mentor Guild</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
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		<title>An Easy Guide to Successfully Apply for TEF2024 on TEFConnect</title>
		<link>https://www.tonyelumelufoundation.org/news/an-easy-guide-to-successfully-apply-for-tef2024-on-tefconnect#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=an-easy-guide-to-successfully-apply-for-tef2024-on-tefconnect</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Fri, 09 Feb 2024 10:06:02 +0000</pubDate>
				<category><![CDATA[FAQs]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[easy guide]]></category>
		<category><![CDATA[EmpoweredbyTEF]]></category>
		<category><![CDATA[faqs]]></category>
		<category><![CDATA[TEF2024]]></category>
		<guid isPermaLink="false">https://www.tonyelumelufoundation.org/?p=24267</guid>

					<description><![CDATA[<p>Updated: Apply here for $5000 in the 2025 Tony Elumelu Foundation Entrepreneur Programme. Learn more The Tony Elumelu Foundation Entrepreneurship Programme is a $100million commitment made by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period through, training, mentorship, and funding. The goal is to create at least 1million jobs and contribute &#8230;</p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/an-easy-guide-to-successfully-apply-for-tef2024-on-tefconnect">An Easy Guide to Successfully Apply for TEF2024 on TEFConnect</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><em><strong>Updated: </strong></em>Apply here for $5000 in the 2025 Tony Elumelu Foundation Entrepreneur Programme. <a href="https://www.tonyelumelufoundation.org/press-releases/the-tony-elumelu-foundation-opens-applications-for-2025-entrepreneurship-programmes">Learn more</a></p>



<p>The Tony Elumelu Foundation Entrepreneurship Programme is a $100million commitment made by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period through, training, mentorship, and funding. The goal is to create at least 1million jobs and contribute over $10billion in revenue to the African economy. </p>



<p>Through its flagship Entrepreneurship Programme, the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries. The TEF training curriculum has been designed to segment entrepreneurs based on the demonstrated capability and knowledge.&nbsp;</p>



<p>The training has been tailored to educate and capacitise you in starting or growing your business to overcome the challenges faced by entrepreneurs across the African continent. The curriculum focuses on practical, iterative learning that is useful even long after the training period.&nbsp;</p>



<p>NOTE: Completion of the training programme is a strict condition to moving forward to the submission and review of your business plan, participation in the pitching competition, and receipt of seed capital.</p>



<h2 class="wp-block-heading">Further Opportunities Available to Young African Entrepreneurs on TEFConnect</h2>



<p>As a part of the Tony Elumelu Foundation’s commitment to foster innovation and economic growth across the continent, the following further opportunities have been made available to young entrepreneurs across Africa on&nbsp;<a href="http://tefconnect.com/" target="_blank" rel="noopener">TEFConnect.com</a>&nbsp;in 2024:</p>



<ul class="wp-block-list">
<li><strong>2024 TEF Entrepreneurship Programme, open from January 1 – March 1</strong><strong></strong></li>



<li><strong>Women Entrepreneurship For Africa (WE4A), open from January 1 – March 1</strong><strong></strong></li>



<li><strong>Aguka Entrepreneurship Programme, open from March 25 – May 10</strong><strong></strong></li>
</ul>



<p>All young African entrepreneurs are encouraged to seize these transformative opportunities to embark on a life-changing experience of training, mentorship, access to networks, and funding.</p>



<h2 class="wp-block-heading">Apply for TEF2024 &#8211; <strong>An Easy Guide to Navigate the TEFConnect Website</strong></h2>



<p>This is a <a href="https://www.tonyelumelufoundation.org/news/tef2024-a-comprehensive-guide-to-your-application-faqs-answered">guide to successfully</a> navigate through the TEFConnect.com website.</p>



<ul class="wp-block-list">
<li><strong>Visit TEFConnect.com on your device using a web browser and ensure your internet connection is on and working (Laptop on Mobile Phone)</strong></li>



<li><strong>Go to the signup page &#8211; <a href="https://tefconnect.com/signup" target="_blank" rel="noopener">https://tefconnect.com/signup</a></strong></li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="830" height="589" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-4.png" alt="TEF2024 signup" class="wp-image-24269" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-4.png 830w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-4-300x213.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-4-768x545.png 768w" sizes="(max-width: 830px) 100vw, 830px" /></figure>



<p>Please fill every field on this page and ensure you use a valid email address that you can access to verify.</p>



<span id="more-24267"></span>



<ul class="wp-block-list">
<li><strong>Verify your email. &nbsp;You’d get this message in your email address you provided. You may check your spam folder if you didn’t get the message in your inbox. </strong>Click the<strong> link in your email address or copy to a browser</strong></li>
</ul>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="975" height="504" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-5.png" alt="TEF2024 verify email" class="wp-image-24270" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-5.png 975w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-5-300x155.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-5-768x397.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>This page would appear after you click on the verification link sent to your email</p>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="975" height="502" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-6.png" alt="TEF2024 login page" class="wp-image-24271" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-6.png 975w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-6-300x154.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-6-768x395.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>Then proceed to login with the same email address and the password you provided upon signup</p>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="975" height="502" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-7.png" alt="TEF2024 profile type" class="wp-image-24272" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-7.png 975w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-7-300x154.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-7-768x395.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>Select a profile type. For the entrepreneurship opportunities, your selection would be “Entrepreneur”</p>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="975" height="502" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-8.png" alt="TEF2024 dashboard" class="wp-image-24273" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-8.png 975w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-8-300x154.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-8-768x395.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>Welcome to the TEFConnect dashboard. Click on “Start Application”</p>



<ul class="wp-block-list">
<li>A terms and conditions page pops up. Ensure to scroll down and accept to proceed.</li>



<li>Program overview page displays next. You’d need to scroll down and click on CONTINUE.</li>



<li>The INTRODUCTION page displays next. Kindly take out some time to read this introduction. Click on the CONTINUE button.</li>
</ul>



<h2 class="wp-block-heading"><strong>THE TEF2024 APPLICATION FORM</strong></h2>



<p>The application form consists of 4 sections:</p>



<p>1. Personal information</p>



<p>2. Business Idea &amp; Experience</p>



<p>3. Personality assessment, Cognitive and Business acumen assessment</p>



<p>4. Declarations</p>



<p>To ensure a transparent application process, all applicants must upload a valid government issued ID and indicate their name on the application form and on TEFConnect exactly as it appears on the ID card.</p>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="975" height="502" src="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-9.png" alt="TEF2024 Profile Information" class="wp-image-24274" srcset="https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-9.png 975w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-9-300x154.png 300w, https://www.tonyelumelufoundation.org/wp-content/uploads/2024/02/image-9-768x395.png 768w" sizes="(max-width: 975px) 100vw, 975px" /></figure>



<p>Please fill out your personal information, proceed until the Declaration page.</p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/an-easy-guide-to-successfully-apply-for-tef2024-on-tefconnect">An Easy Guide to Successfully Apply for TEF2024 on TEFConnect</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
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		<title>The Tony Elumelu Foundation Announces Selected 2023 TEF Entrepreneurship Programme Beneficiaries</title>
		<link>https://www.tonyelumelufoundation.org/news/the-tony-elumelu-foundation-announces-selected-2023-tef-entrepreneurship-programme-beneficiaries#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-tony-elumelu-foundation-announces-selected-2023-tef-entrepreneurship-programme-beneficiaries</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Wed, 07 Feb 2024 07:21:05 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2023 TEF]]></category>
		<category><![CDATA[EmpoweredbyTEF]]></category>
		<category><![CDATA[TEF Entrepreneurship]]></category>
		<category><![CDATA[TEF2023]]></category>
		<category><![CDATA[Tony Elumelu Foundation]]></category>
		<guid isPermaLink="false">https://www.tonyelumelufoundation.org/?p=24218</guid>

					<description><![CDATA[<p>The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from across all 54 African countries, has announced the selected list for the 2023 TEF Entrepreneurship Programme.</p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/the-tony-elumelu-foundation-announces-selected-2023-tef-entrepreneurship-programme-beneficiaries">The Tony Elumelu Foundation Announces Selected 2023 TEF Entrepreneurship Programme Beneficiaries</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>The Tony Elumelu Foundation Announces Selected 2023 TEF Entrepreneurship Programme Beneficiaries</p>



<ul class="wp-block-list">
<li><strong>Tony Elumelu Foundation has now disbursed over $100million in direct funding to 20,000 young African entrepreneurs from across all 54 African countries.</strong></li>
</ul>



<ul class="wp-block-list">
<li><strong>The Foundation recently published its Impact Report demonstrating beneficiaries have created over 400,000 jobs and generated $2.5billion in only a few years.</strong></li>
</ul>



<ul class="wp-block-list">
<li><strong>The Foundation is currently receiving applications for its 2024 TEF Entrepreneurship Programme on <a href="http://tefconnect.com/" target="_blank" rel="noreferrer noopener">TEFConnect.com</a></strong></li>
</ul>



<p>[Lagos, January 23, 2024] – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from across all 54 African countries, has announced the selected list for the 2023 TEF Entrepreneurship Programme.</p>



<p>The 2023 beneficiaries were chosen from a pool of over 400,000 applications, selected based on their innovative and impactful business ideas. In line with the Foundation’s mission to catalyse entrepreneurship in Africa, the selected beneficiaries consist of both new start-ups and existing young businesses in varying operational stages across different sectors.</p>



<p>As part of TEF’s objectives to ensure that African entrepreneurs are well equipped to build investable and profitable businesses, each beneficiary has undergone world-class business management training and mentorship conducted exclusively on&nbsp;<a href="http://tefconnect.com/" target="_blank" rel="noreferrer noopener">TEFConnect</a>, the Foundation’s proprietary digital platform that provides capacity-building support, advisory and market linkages to over 1.5million Africans and counting. The platform’s unique training curriculum covered insightful topics including Starting Your Business, Business Management &amp; Fundamentals, Leadership &amp; Business Growth, Marketing Strategy, Product Design, Selecting &amp; Building a Team.</p>



<p>The Tony Elumelu Foundation has now funded over 20,000 young African entrepreneurs through its flagship programme including over 5000 entrepreneurs from Nigeria, 795 from Uganda, 748 from Kenya, 638 from Benin Republic, 418 from Cameroon, 331 from Ghana, 331 from Tanzania, 331 from Chad, 221 from Zambia, and 220 from Rwanda</p>



<p>Since 2010, the Tony Elumelu Foundation has played a transformative role in empowering a new generation of African entrepreneurs, to drive poverty alleviation, increase jobs creation in all 54 African countries, and ensure inclusive economic empowerment. The infrastructure and experience of the Tony Elumelu Foundation’s 10 year $100m flagship Entrepreneurship Programme has catalysed a generation of African entrepreneurs who are driving the wealth creation that Africa requires.&nbsp; The Foundation’s unique approach of reaching and funding young entrepreneurs in every African country, with sector-agnostic seed funding, mentoring, and networking has delivered robust impact.</p>



<p>The Foundation’s ability to fund, train, mentor, and network young African entrepreneurs, has created a unique platform for catalysing growth across the African continent. The robust ability of the Foundation to reach entrepreneurs across geographies and sectors, has enabled it to conduct innovative partnerships with the European Union, the United Nations Development Programme, the International Committee of the Red Cross, the United States Government via the United States African Development Foundation (USADF), The Organisation of African, Caribbean and Pacific States (OACPS), The French Development Agency (AFD), The German Development Finance Institution (DEG), The German Agency for International Cooperation (GIZ), The African Development Bank (AfDB), and Google, with bespoke programmes including targeting female empowerment and growth in fragile states.</p>



<p>&#8220;We are elated to have reached this significant milestone of empowering these young entrepreneurs across Africa. This achievement reinforces our belief in the boundless potential of the African youth and their capacity to drive positive change. As we launch the final cycle of our annual Entrepreneurship Programme, we are excited to build on the successes of our flagship initiative even as we look to the future with launching a Coalition for African Entrepreneurs&#8221; stated Somachi Chris-Asoluka, CEO of the Tony Elumelu Foundation.</p>



<p>The Tony Elumelu Foundation has also recently launched its impact report titled “Empowering African Entrepreneurs: A Decade of Impact”. This comprehensive assessment compiled in partnership with independent third-party researchers, showcases the impact of the Tony Elumelu Foundation: over 80% of beneficiaries are young people, between the ages of 18-35 at the time of funding; 45% of beneficiaries are women-owned businesses; TEF beneficiaries have collectively generated over $2.3 billion in revenue; 23% of beneficiaries are Africans living with disabilities; 83% of beneficiaries are implementing actions to minimise the carbon footprint in Africa; 91% of beneficiaries are focused on eliminating waste and are using sustainable materials; 69% of beneficiaries are contributing to safer energy sources; over 25% of beneficiaries have been able to acquire additional investments in their business because of the Foundation; the beneficiaries’ annual profits were over 22 times the average annual income per capita in their corresponding countries; and, since receiving the training, mentoring and funding from the Tony Elumelu Foundation.</p>



<p>Tony Elumelu Entrepreneur from Madagascar in the green economy, Marie-Christiana Kola, shared: “As a beneficiary of the Tony Elumelu Foundation Entrepreneurship programme, I was able to create a recycled and 100% biodegradable hand soap made with waste cooked oil &#8211; the number one water polluter of water in African urban cities.&nbsp; These soaps do not only protect the environment, but they are also solidarity soaps.&nbsp; I was also able to attend the COP27 conference in Egypt, where I won the Innovation Prize.&nbsp; Today, I have employed over 30 people because of the Tony Elumelu Foundation.”</p>



<p>The full impact report is linked <a href="http://www.tonyelumelufoundation.org/impact" target="_blank" rel="noreferrer noopener">HERE</a> on the Tony Elumelu Foundation’s website.</p>



<p>As a part of the Tony Elumelu Foundation’s commitment to foster innovation and economic growth across the continent, the following further opportunities have been made available to young entrepreneurs across Africa on <a href="http://www.tefconnect.com" target="_blank" rel="noreferrer noopener">TEFConnect</a> in 2024:</p>



<ul class="wp-block-list">
<li><a href="https://www.tonyelumelufoundation.org/news/empowering-african-entrepreneurs-apply-now-for-5000-in-the-2024-tony-elumelu-foundation-entrepreneurship-programme">2024 TEF Entrepreneurship Programme</a>, open from January 1 – March 1</li>



<li><a href="https://www.tonyelumelufoundation.org/women-entrepreneurship-for-africa">Women Entrepreneurship For Africa (WE4A),</a> open from January 1 – March 1</li>



<li><a href="https://www.undp.org/rwanda/blog/fuelling-youth-entrepreneurship-rwanda-aguka" target="_blank" rel="noopener">Aguka Entrepreneurship Programme</a>, open from March 25 – May 10</li>
</ul>



<p>All African entrepreneurs are encouraged to seize these transformative opportunities to embark on a life-changing experience of training, mentorship, access to networks, and funding.</p>



<p><strong>About the Tony Elumelu Foundation:</strong></p>



<p>The Tony Elumelu Foundation is the leading philanthropy empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation in all 54 African countries, and ensuring inclusive economic empowerment. Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has connected over 1.5 million young Africans on its digital hub, <a href="http://www.tefconnect.com" target="_blank" rel="noreferrer noopener">TEFConnect</a>, and disbursed nearly USD$100 million in direct funding to 18,000 African women and men, who have collectively created over 400,000 direct and indirect jobs. The Foundation’s mission is rooted in Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.</p>



<p><strong>Contact Information:</strong></p>



<p><strong>Moyo Awotile</strong></p>



<p>Head, Marketing &amp; Corporate Communications, Tony Elumelu Foundation</p>



<p>Email: <a href="mailto:moyo.awotile@tonyelumelufoundation.org">moyo.awotile@tonyelumelufoundation.org</a></p>
<p>The post <a rel="nofollow" href="https://www.tonyelumelufoundation.org/news/the-tony-elumelu-foundation-announces-selected-2023-tef-entrepreneurship-programme-beneficiaries">The Tony Elumelu Foundation Announces Selected 2023 TEF Entrepreneurship Programme Beneficiaries</a> appeared first on <a rel="nofollow" href="https://www.tonyelumelufoundation.org">The Tony Elumelu Foundation</a>.</p>
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