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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Tag Archives: Partnerships
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Somachi Chris-Asoluka hosted visiting partners from African Development Bank Group
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UNDP and The Tony Elumelu Foundation partner for Youth Entrepreneurship
Kigali, 13th October 2022: The United Nations Development Programme (UNDP) in Rwanda and the Tony Elumelu Foundation have signed a historic 4-year agreement worth $1.4m USD and lasting from 2022-2026 to empower the youth of Rwanda to benefit from more inclusive, competitive, and sustainable economic growth in the country. It is part of the new …
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TEF and DEG Partner to Empower 200 Additional Entrepreneurs Across Africa
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector in emerging-market countries, to empower an additional 200 entrepreneurs across Africa. The initiative will fund 200 additional young African entrepreneurs complementing the US$100M Tony Elumelu …
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