Tony Elumelu Foundation
THE TONY ELUMELU FOUNDATION (TEF) WAS FOUNDED IN 2010 BY TONY O. ELUMELU, CON, AN ENTREPRENEUR, INVESTOR AND PHILANTHROPIST WHO IS PASSIONATE ABOUT AFRICA’S ECONOMIC DEVELOPMENT.
Our long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.
In 2015, TEF consolidated its various programmes and initiatives and made investing in Africa’s next generation of entrepreneurs and business leaders a priority. The future of the Tony Elumelu Foundation centers on the provision of structured, robust, and multifaceted support to entrepreneurs around Africa through the Tony Elumelu Foundation Entrepreneurship Programme.
The vision for the Foundation is to unlock the obstacles that Africa’s entrepreneurs face as they grow their start-ups into small to medium enterprises (SMEs), their SMEs into national growth companies, and their national growth companies into African multinationals.
We will continue to support our growing numbers of programme alumni, whose inspirational success stories serve as encouragement to upcoming entrepreneurs and demonstrate the effectiveness of our interventions. As we deepen our reach in Africa, we will continue to enrich these alumni networks, facilitating meaningful conversations and mentor relationships to further assist tomorrow’s business leaders and build an impactful pan-African entrepreneurial ecosystem.