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 […]

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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 […]

Davos Day 3


As I share my final experiences from #WEF2017, it’s a little bittersweet. But just like I said in my first blog, we are People of Action and not just words and good diction. In order to move the needle, we must fully commit to changing the world for good, one partnership at a time, in a responsible and responsive manner. […]

Davos Day 2


Day 2 of #WEF2017 started out on a very chilly note – we woke up to minus 18 degree Celsius (-18 C), six degrees cooler than the day before! Despite the freezing weather, our passion and energy remained unchanged as we bustled to and from meetings, plenary sessions and events, yet all the while, finding time in between to film […]

First published here ‘We, as leaders, have a responsibility and a duty to think beyond ourselves and beyond our businesses’ Tony Elumelu. Entrepreneurship and innovation on the continent is a massive focus right now, as economies look to diversify and grow. Siki Mgabadeli is in Davos at the WEF Annual meeting and she caught up with Nigerian economist, banker, investor and […]

Tony Elumelu at Davos


The 2017 World Economic Forum is off to a great start! The world’s most influential leaders (across the private and public sectors, academia, and civil society) have converged in Davos to discuss matters that affect the entire globe. In the 21st century, development is no longer the responsibility of national governments and development organizations alone. To eliminate poverty in our […]