Tony Elumelu Foundation Empowers African Entrepreneurs: Call for 2024 Applications Now Open

With over $100 million disbursed in direct funding to 20,000 entrepreneurs hailing from all 54 African countries, the Foundation continues to play a pivotal role in fostering entrepreneurship and driving economic empowerment across the continent.

The Foundation's commitment to nurturing entrepreneurial talent is underscored by its latest Impact Report, which highlights the remarkable achievements of its beneficiaries. In just a few years, these entrepreneurs have collectively created over 400,000 jobs and generated an impressive $2.5 billion in revenue, showcasing the transformative power of entrepreneurship in Africa.

As the TEF celebrates the success of its past beneficiaries, it remains steadfast in its mission to support the next generation of African entrepreneurs. The Foundation is currently accepting applications for the 2024 TEF Entrepreneurship Programme, providing aspiring entrepreneurs with the opportunity to receive non-returnable seed capital/funding of $5,000, along with invaluable training, mentorship, and access to a vibrant alumni network.

The call for applications for the TEF Entrepreneurship Programme, TEF2024, underscores the Foundation's commitment to empowering African entrepreneurs and enabling them to turn their business dreams into reality. Through TEFConnect.com, aspiring entrepreneurs can submit their applications and take the first step towards realizing their entrepreneurial aspirations.

With the 2024 application portal now open, the Tony Elumelu Foundation invites all aspiring African entrepreneurs to seize this opportunity and embark on a transformative journey towards building successful and sustainable businesses. By supporting entrepreneurship and fostering innovation, the TEF continues to drive positive change and contribute to the economic growth and development of Africa.