Entrepreneurs |

Elumelu’s Foundation Commits $16m To Empowering Additional 3,200 Young African Entrepreneurs

Kingsley Chukwu2 weeks ago06 mins

The Tony Elumelu Foundation (TEF) on Sunday unveiled 3,200 new beneficiaries with 5,000 dollars empowerment grant for young African entrepreneurs in its 2026 cohort. The Foundation said that the entrepreneurs would be funded via Heirs Holdings Group Companies, the European Commission, Seme City Development Agency, DEG, the German Development Agency, and the IKEA Foundation. It…

Tony Elumelu Foundation Grants $15m To 3,000 African Entrepreneurs

Kingsley Chukwu1 year ago04 mins

The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 budding entrepreneurs from 52 African countries. TEF Founder, Mr Tony Elumelu, made this known on Sunday in Abuja during the unveiling of the 2025 cohort of the foundation’s Entrepreneurship Programme. He stated that each beneficiary would receive a $5,000 seed grant…