The Tony Elumelu Foundation, together with professors from the Massachusetts Institute of Technology, the University of Chicago, and Columbia University, have drafted a study with rich insights into entrepreneurship in Africa. The full research piece can be accessed here The evaluation uses a randomised control trial methodology to compare otherwise similar applicants who embarked on our flagship programme versus …
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The Tony Elumelu Foundation Launches Research Study with MIT, Columbia and University of Chicago
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Transforming Education in Nigeria: Ogechi Benyeogor’s Inspiring Success Story
Nigeria’s education system faces significant challenges. According to the World Economic Forum (2017), the country ranks 124th out of 137 nations in primary education quality. Additionally, Fleet, Watkins, & Greubel (2012) report that over 58% of Nigerian schoolchildren lack basic literacy and numeracy skills. Seeing the struggles of children who couldn’t access quality education due …
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The Future of Entrepreneurship in the Sahel
The Sahel region has long been plagued by economic instability, security concerns, and limited access to resources. The region’s youth face significant barriers to employment and entrepreneurship, exacerbated by the lack of infrastructure, education, and financial services. In this context, the Tony Elumelu Foundation (TEF), in collaboration with the United Nations Development Programme (UNDP), launched …
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TEF-UNDP SAHEL ENTREPRENEURSHIP PROGRAMME IMPACT ASSESSMENT
Background The Sahel region has faced significant instability over the years, marked by socio-political unrest, economic challenges, and environmental crises. Countries such as Burkina Faso, Cameroun, Chad, Mali, Mauritania, Niger, and Nigeria have grappled with issues ranging from insurgencies and political upheaval to severe climate change impacts that exacerbate poverty and displacement. These challenges have …
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Seed Grant in 2015: Ogola, TEF Alumni from Nigeria Success Story
According to the Raw Materials Research and Development Council (RMRDC) of Nigeria, Nigeria records 40% post-harvest losses annually in tomato production. While the annual production of tomato in the country is rising and currently slightly over 1.8 million metric tonnes, national demand has increased to more than 2.4million metric tonnes per annum, leaving a huge deficit After …
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Driving Women Entrepreneurship in Africa: A High-Level Reception Hosted by the Tony Elumelu Foundation
On Monday, July 15, the Tony Elumelu Foundation (TEF) hosted the United States Presidential Advisory Council on Africa Diaspora Engagement (PAC-ADE) at a gathering of key players from the private and public sectors, creative entrepreneurs, and development partners. The focus? Driving women entrepreneurship across Africa. The Event Highlights The gathering included notable #TEFAlumni who shared …
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Success Story of Olanrewaju, 2017 TEF Alumni in Agriculture Sector
Lack of storage facilities is one of the problems facing farmers and the distributors of agricultural produce. It is estimated that 40% of total food production in Nigeria is loss during and after harvest. Olanrewaju Samuel Faleye took the initiative to contribute to solving the problem of the spice and confectionaries segment of agricultural products. …
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Why Entrepreneurship? The Inspiring Journey of Afamefuna and Speedmeals
Afamefuna’s entrepreneurial journey began from a place of necessity and personal loss. After the passing of his father, and with the responsibility of nine siblings resting on his shoulders alongside an unemployed mother, Afamefuna decided to take charge of his future by venturing into entrepreneurship. From Humble Beginnings to Business Expansion Starting in 2012, Afamefuna …
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Success Story of Olamide, 2015 TEF Alumni in Agriculture Sector
Success Story of Olumide Ogunbanjo, 2015 TEF Alumni from Nigeria in the Agriculture Sector: Recent estimates show that about 88% of all flowering plants and 35% of the global plant-based food supply rely on pollinators to be successful. Pollination is a vital ecological service provided by a wide range of insect species including bees, wasps, …
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Success Story of Peace, 2019 TEF Alumni in Agriculture Sector
According to the United Nations Food and Agriculture Organisation, about 19.4 million people will face food insecurity across Nigeria between June and August 2022. According to the report, the food crisis would affect Nigerians in 21 states and the FCT, including 416,000 Internally Displaced Persons (IDPs). It noted that about 14.4 million people, including 385,000 …
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