entrepreneurship in Africa

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Tony Elumelu Foundation Shares $100M Grant – How African Entrepreneurs Can Apply and Benefit

Adetutu A, The Insights 22 March 2026

The Tony Elumelu Foundation (TEF) has disbursed over $100 million to support more than 24,000 entrepreneurs across 54 African countries since launching its flagship programme in 2015. This was revealed by the Foundation’s CEO, Somachi Chris-Asoluka, during a virtual press

Tony Elumelu Foundation Supports 20,000 African Startups with $5,000 Seed Funding

Adetutu A, The Insights 29 October 2024

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 […]

Tony Elumelu Foundation Shares $100M Grant – How African Entrepreneurs Can Apply and Benefit

Tony Elumelu Foundation Supports 20,000 African Startups with $5,000 Seed Funding

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