Tony Elumelu Foundation
Every story we have published on Tony Elumelu Foundation.
TEF turns $100m into $4.2bn across 24,000 businesses
IN SHORT: The Tony Elumelu Foundation has disbursed over $100 million to 24,000 African entrepreneurs since 2015, generating $4.2 billion in alumni revenue and 1.5 million jobs. The 2026 cohort of 3,200 entrepreneurs…
Rwanda’s AGUKA creates 128,000 jobs, eyes next phase
IN SHORT: Rwanda’s AGUKA youth enterprise programme has generated 128,000 jobs and $9.3 million in income since 2022, exceeding its 100,000-job…
265,000 Africans applied for 3,200 startup spots
The Tony Elumelu Foundation announces its 12th TEF Entrepreneurship Programme cohort on March 22. Over 265,000 applications came in from all 54…