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,
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 conference announcing the 2026 cohort of 3,200 beneficiaries. Massive Impact
In today’s competitive job market, skill acquisition is essential for career growth and entrepreneurship. Many Nigerians struggle to find affordable training programs, but the good news is that there are several free skill acquisition programs in Nigeria that can help you learn new skills, boost your employability, and start your own business. 1.
The Lagos Chamber of Commerce and Industry (LCCI) The Lagos Chamber of Commerce and Industry (LCCI) has urged global investors to explore Nigeria’s vast opportunities in technology, agribusiness, renewable energy, and infrastructure. Speaking at the Invest Nigeria 2025 International Business Conference and Expo, LCCI President, Gabriel Idahosa, highlighted Nigeria’s
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 […]
In a bid to strengthen the Nigerian economy, the government and private sector are expanding programs that provide small business grants and loans to entrepreneurs. These initiatives aim to empower small and medium-sized enterprises (SMEs), create jobs, and stimulate local economic growth. Government-Backed Grant Programs The Nigerian government, through the Bank of
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