Powering Africa’s Transformation

First Published on Project Syndicate CAPE TOWN/LAGOS – Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry. But African countries’ success presupposes that they generate and manage energy sustainable to keep up […]

The Selection Committee met on the 22nd, March to discuss the final list of the selected 1,000 Tony Elumelu Entrepreneurs. Click to watch the full video  

Originally published here In their article Creating Shared Value, Michael E. PorterMark R. Kramer wrote: “Shared value could reshape capitalism and its relationship to society. It could also drive the next wave of innovation and productivity growth in the global economy as it opens managers’ eyes to immense human needs that must be met, large new markets to be served, […]

93,000 APPLICANTS – 55 COUNTRIES AND TERRITORIES 1,000 ENTREPRENEURS SELECTED FOR AFRICA’S LARGEST ENTREPRENEUSHIP PROGRAMME   ‎Lagos, Nigeria, 22 March 2017 — 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 […]

Over 93,000 African Entrepreneurs applied from 55 African countries, more than doubling the number of applications received in 2017. Today, we announce the selected 1,000 Tony Elumelu entrepreneurs for 2017. See the full list here 

Our founder and serial entrepreneur-investor Tony O. Elumelu CON, Richard Branson founder of Virgin Group, and Mark Zuckerburg the ultimate social media guru, have more in common than their pioneering business acumen and philanthropic focus – they all attribute their success in varying degrees to the support they received from a mentor.   Research and surveys prove that having a mentor […]

As always it is an honour to represent Tony O. Elumelu, Founder of the Tony Elumelu Foundation and share the Foundation’s story of empowering African entrepreneurs across the continent at The Wall Street Journal’s Investing in Africa: Technology, Transition & Growth Conference. The inaugural conference, held on 7th March in London, brought together leading investors, executives, policy makers, business, and […]

Fraud alert

Scam Alert

It has come to our attention that individuals not associated with the Tony Elumelu Foundation (TEF) are falsely presenting themselves as representatives of TEF, with various motives not associated to our objectives. Please be aware that all official correspondence from TEF will always come from our official  e-mail address ending with @tonyelumelufoundation.ORG as its domain name. If you receive any email […]

The Tony Elumelu Foundation (TEF) is one of the largest private philanthropic organizations in the Africa. It was established in 2010 to encourage and empower entrepreneurs, promote thought leadership and create an integrated entrepreneurial ecosystem that drives African entrepreneurship. Since it was founded, the TEF has catalyzed the development of entrepreneurs and innovators in Africa. The annual TEF Entrepreneurship Programme […]

17th January marks the beginning of the 47th World Economic Forum in Davos, Switzerland. The annual gathering brings together global leaders from political, to financial, charitable to creative, and over the course of three days they will consider, debate, collaborate and seek solutions to some of the world’s most pressing problems. This year the theme of the Forum is ‘Responsive […]