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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Tag Archives: Tony Elumelu Foundation
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TEF Opens Call for Mentors
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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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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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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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“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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Bukas to Vibandas: Connecting Africa’s Informal Restaurant Industry
When Njavwa Mutambo applied to the TEF entrepreneurship program in 2016, he started as the only employee of Musanga, a Zambian start-up connecting truck riders and delivery riders. Musanga Logistics’ connects users who want to send packages – such as restaurants, small retailers and individuals – through independent couriers. Now, he says, the platform has 1500 …
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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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Building Covid-19 Ventilators in Africa, for the World
When Hank Debey applied for the TEF Entrepreneurship Programme in 2015, his mission was to provide affordable air services to African farmers who wanted to increase their profits by transporting their crops to distant, more lucrative markets. Hank went to work on Wings4Farmers, producing aircrafts, called levopters, which didn’t rely on fuels and derived their …
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Exploring Post-Pandemic Opportunities in Africa: Interview with Peter Ashade, CEO United Capital
The Tony Elumelu Foundation catches up with Peter Ashade, the CEO of United Capital Plc, leading financial services Group in Africa focused on leveraging technology to empower businesses, individuals and governments. With a remarkable start to the year, United Capital recorded 3.13 point one trillion billion in the first quarter of 2021. We just want …
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Transforming Poachers into Protectors
All species on earth, including humans, depend on the services provided by other species to survive. This biological diversity provides the resources necessary to maintain the healthy systems we need to thrive. Harmful activities such as hunting can have serious consequences on the environment since natural ecosystems are interconnected and interdependent. 35-year old Rwandan entrepreneur …
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