Tony Elumelu Entrepreneurs Transforming Africa

“ As an entrepreneur myself, I understand what it feels like to yearn for a lifeline, to hope for a ‘big break’, to look forward to enjoying some luck.”

– Tony O. Elumelu (CON)

Our Flagship Programme

Launched in 2015, The Tony Elumelu Foundation Entrepreneurship Programme is the largest African philanthropic initiative devoted to entrepreneurship and represents our 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs, and add $10 billion in revenues to Africa’s economy.


From 2010 to 2015, TEF’s past programmes focused on direct interventions like scholarships and fellowships to support future leaders.

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Entrepreneurs who pass through our Programme become part of a growing network of business leaders. The alumni network is comprised of all Tony Elumelu Entrepreneurs and beneficiaries of our past Programmes.  The online and offline network promotes sector-based and geography-based communities and collaboration across Africa.

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There is growing interest in TEF as the partner of choice on African Entrepreneurship. Like-minded organisations can partner with us to gain access to the largest entrepreneurship ecosystem on the Continent and amplify their transformative impact.

Strategic partners can add value to our alumni, drive research, enhance the largest annual gathering of African Entrepreneurs or fund some of the brightest ideas to come out of Africa.



We are focused on promoting the positive role of entrepreneurship in driving Africa’s social and economic development. In doing so, we hope to accelerate the spread of economic prosperity and social progress throughout Africa, strengthening the African entrepreneurial ecosystem.

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Established in 2010, The Tony Elumelu Foundation, also known as TEF, is the leading philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.