Tony Elumelu Foundation shortlists 1,000 entrepreneurs for 2018

The Tony Elumelu Foundation, said it has shortlisted 1,000 young African entrepreneurs from more 150,000 Africans from 114 countries worldwide who applied for the fourth edition of the 10-year, $100 million TEF Entrepreneurship Programme. The 2018 cohort includes an additional 250 entrepreneurs to the standard selection of 1,000 – thanks to: a $1,000,000 partnership with […]

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TEF opens entry for $100m entrepreneurship programme

The Tony Elumelu Foundation says it is now accepting applications for business ideas that can transform Africa. The programme, which is in its fourth cycle, is TEF’s 10-year, $100m commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024, according to a statement by the foundation. The foundation said prospective applicants could visit […]

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Tony Elumelu and the AFRICAPITALISM campaign to eliminate poverty in in Africa

Few Africans have talked about pan Africanism and made it happen. And one of such people is Tony Elumelu, the self appointed champion of AFRICAPITALISM -Afrocentric entrepreneurship aimed at stimulating economic growth towards the elimination of poverty in the continent of Africa. The banker turned entrepreneur through his HEIRS holding-a diversified conglomerate, has in the […]

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Elumelu urges African leaders to create enabling environment for SMES

The United Bank for Africa Group Chairman, UBA, Plc, Tony Elumelu, has called on African leaders to focus on creating the enabling environment for Small and Medium Enterprises, SMEs, to thrive and survive. Elumelu, who made this call while hosting more than 100 African journalists in Lagos who are to cover Tony Elumelu Foundation, TEF, Entrepreneurship […]

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TEF creates 160,000 jobs across Africa in 3 years

The Tony Elumelu Foundation (TEF) has created over 160,000 direct and indirect jobs across Africa in three years. Also, the foundation which is dedicated to catalysing entrepreneurship, announced its third annual TEF Entrepreneurship Forum, scheduled to hold on October 13-14 in Lagos, as one of the most diverse annual gatherings of African entrepreneurs and SMEs. […]

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Over 1,000 African entrepreneurs for TEF empowerment programme in Lagos

The Tony Elumelu Foundation has said over 1,000 African entrepreneurs will converge on Lagos this month for this year’s edition of its entrepreneurship programme aimed at empowering the next generation of African business leaders. The TEF, in a statement on Wednesday, described the third annual TEF Entrepreneurship Forum as the most diverse annual gathering of […]

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Tony Elumelu mourns with Sierra Leone. Donates $500,000

Following the August 14 unprecedented disaster, Tony Elumelu, Founder of Tony Elumelu Foundation and Chairman of United Bank for Africa (UBA), yesterday, Wednesday 23 August, paid a state visit to the people and Government of Sierra Leone to commiserate over the great loss caused by devastating mudslides and floods that have claimed hundreds of innocent […]

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Sultan of Sokoto commends TEF; says, more ‘Tony Elumelu’ is needed

The Sultan of Sokoto, Sultan Muhammadu Sa’ad Abubakar III, commended the Tony Elumelu Foundation and its Founder, Tony O. Elumelu for their contribution to entrepreneurship and creation of jobs for young people in the North. The Sultan made this commendation during a courtesy visit paid by Tony Elumelu, Chairman of UBA Group and Founder of […]

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Agriculture, Electricity, Entrepreneurship will create jobs in Africa – Elumelu

The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions to help address the deepening job and employment crisis bedevilling the continent by lending support and paying more attention towards the agricultural sector, creating access to electricity and developing entrepreneurship. Elumelu […]

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Afreximbank

Elumelu commends Afreximbank, urges DFIs to support African businesses

Chairman of Heirs Holdings and the Tony Elumelu Foundation, Mr. Tony Elumelu has congratulated Afrexim for the critical support it, provides for African businesses and its significant contribution to the development of cross-border trade and investment in Africa. Speaking at the 24th Annual General Meeting of the organisation in Rwanda, Mr. Elumelu highlighted the role […]

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UPDATED: Check TEF list – 1,000 selected for entrepreneurship training

The Tony Elumelu Foundation (TEF) is proud to announce the selection of 1,000 African entrepreneurs, creating the 3rd cohort of the 10-year, $100 million TEF Entrepreneurship Programme. Over 93,000 entrepreneurs, from 55 countries and territories in Africa, applied – more than twice 2016 applications and nearly four times 2015. Over the next nine months, the […]

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Tony Elumelu Foundation announces 3rd of its Entrepreneurship programme

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until midnight (WAT), March 1, 2017. Entrepreneurs must complete the […]

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