https://tonyelumelufoundation.org

The Tony Elumelu FoundationThe Tony Elumelu Foundation, leading philanthropy empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creationThe Tony Elumelu Foundation About Africapitalism About TEF Founder’s Letter Co-Founder’s Letter Leadership Coalition For African Entrepreneurs What We Do Our Impact Pillars Our Approach TEF Entrepreneurship Programme FAQ: Selection Process Our Past Programmes TEF Forum Impact TEF Annual Reports TEF Audited Financial Statements TEF Impact Reports TEF Partners & Impact Beneficiaries Success Stories TEF Case Studies Gender & Green BeGreen Africa IYBA-WE4A I IYBA-WE4A II IYBA-WE4A III TEF Woman Media Research & Publications News & Stories Podcasts TEF Events The TEFCircle TEF Network Mentors Other Ways to Get Involved TEF Impact Regions TEF CONNECT English (UK) Français Português العربية Created with Sketch. TEFConnect Close Search Celebrating 14 years of empowering African entrepreneurs in all 54 African countries Watch The 2024 TEF TV Commercial Video Young Africans empowered with access to training 0 Young Africanentrepreneurs funded 0 + African countries 0 We believe in African Entrepreneurship. So We built an infrastructure that supports entrepreneurial talents across the continent. 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 increasing women economic empowerment. Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has granted over 2.5 million young Africans with access to trainings on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to more than 24,000 young African women and men, who have collectively created over 1.5million direct and indirect jobs, and generated over $4.2billion in revenue. 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. More + Did you know?TEF looks out for and selects entrepreneurs with the most innovative, high potential business ideas across all 54 African countries. Did you know?TEF proprietary digital platform; TEFConnect has over 1.5 million registered individuals from across the world to help entrepreneurs nurture their business. Visit TEFConnectDid you know?Since 2015 the TEF has funded 21,000 young Africans with non-returnable seed capital of $5,000 each Did you know?$102 million has been paid directly as seed capital to support and grow African start-ups. Read MoreDid you know?TEF was founded in 2010 by Tony O. Elumelu, CFR with the mandate of empowering women and men across the African continent through entrepreneurship.Read MoreDid you know?TEF has a Business Management Training Programme that equips entrepreneurs with the technical and soft skills needed to run a successful business. Read MoreDid you know?TEF beneficiaries are spread across all 54 African Countries and African Regions (Central, East, Northern, Southern and Western Africa).Did you know?Through our direct activities and investments, as well as the support we give to entrepreneurs across sectors in Africa, we are directly and indirectly contributing to the 17 United Nations SDGs WHAT WE ARE UP TO VIEW UPCOMING EVENTS IMPACT ACROSS AFRICA Since 2010, the Tony Elumelu Foundation has been dedicated to resolving Africa’s social and economic issues. MORE + OUR BENEFICIARIES Our beneficiaries are creating jobs and transforming their communities across the African continent through entrepreneurship. MORE + GLOBAL PARTNERS We partnered with global development organisations to support our vision to drive impact across Africa. MORE + RECENT UPDATES More + The Tony Elumelu Foundation Appoints Three New Advisory Board Members Read More » مؤسسة توني إلوميلو تفتح باب التقديم لبرنامج ريادة الأعمال لعام 2026 Read More » La Fondation Tony Elumelu ouvre son Programme d’Entrepreneuriat 2026 Read More » TESTIMONIALS Too often great Ideas do not have the impact they deserve because they lack scale sustainability, that’s why the Tony Elumelu Foundation is so important, the seed capital they provide is a vital investment in getting new ideas off the ground. Dr. Tedros Adhanom GhebreyesusDirector General WHO There is extra ordinary energy and enthusiasm represented by the TEF Entrepreneurs, represented by the youth of Africa, I would love to see the same energy and dynamism in the govt of Africa to open up the system for this people. FAREED ZakariaCNN Host As I prepared for this event, I encountered a few of the very many stories of businesses, lives transformed by the TEF, and its various initiatives. ...and even all of those thousands of inspirational TEEP stories are themselves a representation, just a fraction of what is out there across the continent. Yemi OsinbajoVice President of Nigeria Quickly let me also thank the Foundation, Tony Elumelu and those who make it what it is. It speaks to the solutions we are trying to find for the many problem we have in our continent. That is why we have come here to encourage you and maybe through that encourage other African leaders, business leaders and others to try and do things same way or do things together. More importantly, to make our continent move forward. Paul KagamePresident of Rwanda I am proud that Nigeria (and a Nigerian) is taking the lead in this effort to promote self-worth, encourage entrepreneurship, create jobs, build and promote networks for intra-African trade, business collaboration and investment. Our Administration is committed to unlocking all such opportunities to restore dignity to our people. This programme is one example I hope others will emulate and I commend Tony Elumelu and his Foundation for their endeavor and leadership in this area. President Mohammadu BuhariPresident of Nigeria As U.S. Secretary of Commerce, I know how entrepreneurs drive economic growth around the world. I am pleased to see Tony Elumelu investing in entrepreneurs through The Tony Elumelu Entrepreneurship Programme across Africa to work towards fostering communities of innovation. Penny PritzkerU.S. Secretary of Commerce TEF’s approach to entrepreneurship development is a genuinely innovative approach to philanthropy in Africa – an African offering African solutions. What is unique about this programme is that it not only provides a platform for entrepreneurs to build connections, but they are also being taught how to build their businesses in a sustainable way. Other philanthropists will be inspired to support and promote this philosophy. Ernest Bai KoromaFormer President of Sierra Leone The Tony Elumelu foundation entrepreneurship programme will certainly foster entrepreneurial development across Africa, providing the much-needed funds, training and mentorship of commercial enterprises that promote social and economic change, support growing African businesses through dynamic programmes that provide capital and human resources to budding entrepreneurs. H.E Aisha BuhariWife of the President of the Federal Republic of Nigeria “I salute this programme because it is going touch on mindset change of our young people to look at Africa as their home as their continent and there for this programme is promoting Pan-Africanism.” Ruhakana RugundaPrime Minister of Uganda Let me use the opportunity to thank my dear brother Tony Elumelu, he’s done a fantastic job to put all this together, he has faith in confidence in the youth of Africa and that’s fantastic. Akinwunmi AdesinaPresident AfDB stay updated Stay up to date on our entrepreneurs, events, research and more. Email Address First Name I agree to receive notifications, updates, publications, alerts and newsletters from the Tony Elumelu Foundation. Subscribe me We’re Active on Social Media Call: +234-1-2774641-5 Send us an email Join Our Network of Influencers Across Africa     About Us Mission & Vision Corporate Profile Partners Mentors Get Involved TEF Events Our Programmes Past Programmes African Success Stories Impact WE4A II FAQs BeGreen Africa Aguka Resources TEF2025 FAQs Media Research Press Releases Careers TEFCircle © 2026 The Tony Elumelu Foundation. All Rights Reserved Terms & Conditions Safeguarding Policy Privacy Policy Search for:Search ButtonAbout Africapitalism About TEF Founder’s Letter Co-Founder’s Letter Leadership Coalition For African Entrepreneurs What We Do Our Impact Pillars Our Approach TEF Entrepreneurship Programme FAQ: Selection Process Our Past Programmes TEF Forum Impact TEF Annual Reports TEF Audited Financial Statements TEF Impact Reports TEF Partners & Impact Beneficiaries Success Stories TEF Case Studies Gender & Green BeGreen Africa IYBA-WE4A I IYBA-WE4A II IYBA-WE4A III TEF Woman Media Research & Publications News & Stories Podcasts TEF Events The TEFCircle TEF Network Mentors Other Ways to Get Involved TEF Impact Regions TEF CONNECT English (UK) Français Português العربية English (UK) English (UK) Français Português العربية English (UK) English (UK) Français Português العربية   PRIVACY POLICY UPDATE We have made changes to our Privacy Policy to better protect your personal data! 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