The Tony Elumelu Foundation (TEF) has announced its 2026 entrepreneurship programme, committing $16 million to support 3,200 young entrepreneurs across Africa. The initiative, unveiled in Abuja at the Congress Hall of Transcorp Hilton, aims to nurture innovation,
Tony Elumelu Heirs Holdings and the Tony Elumelu Foundation (TEF) have provided 20,000 African entrepreneurs with $5,000 in seed capital, aiming to spur economic growth across the continent. The announcement was made during the Future Investment Initiative New Africa Summit in Saudi Arabia, where Tony Elumelu, Chairman of Heirs Holdings and Founder of the Tony […]








