Yesterday, Our CEO, Somachi Chris-Asoluka hosted our visiting partners from the African Development Bank Group. The meeting discussed new opportunities to renew our partnership and further our shared goals of driving job creation on the African continent through entrepreneurship. In 2019, the African Development Bank (AfDB) and the Tony Elumelu Foundation (TEF) signed a US$5 …
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Author Archives: Temitope Somuwa
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Somachi Chris-Asoluka hosted visiting partners from African Development Bank Group
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Tony Elumelu Foundation Announces 10th Cohort of Entrepreneurship Programme – 20,000 Entrepreneurs Funded Across Africa
Lagos, Nigeria – March 22, 2024 – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme. This new cohort brings to 20,000, the number of young African entrepreneurs who have received funding, mentoring, …
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Tony Elumelu Foundation Set to Announce 2024 Cohort of its Flagship Entrepreneurship Programme
Lagos, Nigeria – March 20, 2024 – The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. The announcement will be made on March 22, 2024. The new beneficiaries will become the 10th cohort of the 10-year-long TEF Entrepreneurship …
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Disqualification of Applicants from the 2023 Tony Elumelu Foundation Entrepreneurship Programme
This is to inform our stakeholders of the disqualification of 58 applications from the 2023 cohort of the Tony Elumelu Foundation (TEF) Entrepreneurship Programme. These disqualifications were made in accordance with section 7.5. of the TEF Entrepreneurship Programme Terms and Conditions, and in this instance include: All disqualified applicants have been individually notified of their …
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Tony Elumelu Foundation Joins EU-Uganda Business Forum to Launch WE4A II Programme
Last week, Iruka A. Ndubuizu, LL.M, Director of Partnerships at the Tony Elumelu Foundation (TEF), participated in a significant event—the launch of the Women Entrepreneurship for Africa (WE4A) II programme. This event, held during the EU-Uganda Business Forum, saw Ndubuizu serving as a distinguished panelist, contributing her expertise and insights to the discussion. The launch …
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WE4A II: Frequently Asked Questions (FAQs)
Following the successful pilot of the WE4A programme in 2021, the Tony Elumelu Foundation in partnership with the European Union (EU) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has launched the WE4A II for sustainable and inclusive growth. This partnership is part of the overall IYBA-WE4A programme which will work to strengthen the entrepreneurship ecosystems, …
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TEF MASTERCARD ROUNDTABLE EVENT – COALITION FOR AFRICAN ENTREPRENEURS AND MSMES,
TEF MASTERCARD ROUNDATABLE: On Thursday, 29th of February 2024, the CEO of the Tony Elumelu Foundation, the leading philanthropy empowering young African entrepreneurs from across all 54 African countries, together with Mastercard President for Africa, Mark Elliott, hosted Dr. Rebecca Lissner, Special Assistant to the U.S. President and Principal Deputy National Security Advisor to the …
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Harvard Business School Launches Tony Elumelu Foundation Case Study
Spotlights Role of African Philanthropy in Transforming the Development Agenda in Africa At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study examining the role and impact of the Tony Elumelu Foundation (TEF), and its unique approach to catalysing …
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5 Compelling Reasons To Join The Global TEF Mentor Guild
TEF Mentor Signup: Are you passionate about Africa’s development? Do you possess expertise in business or a professional field? Here’s your chance to make a meaningful impact by becoming a mentor with the Tony Elumelu Foundation Entrepreneurship Programme (TEF). Click the link below to sign up as a #TEFMentor! Sign up as a TEF Mentor …
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Meet Omowunmi, 2015 TEF Alumni Who Got Funding for Smoothie Business
Get $5000 Funding for your smoothie business: Omowunmi Akande used to be a corporate worker until she felt the need for a change in her career path as she was not getting satisfaction from her job any longer. Omowunmi felt the need to do more and be more. She wanted to be at the forefront …
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