The Tony Elumelu Foundation is a leading philanthropic organization working to empower a new generation of African entrepreneurs, eradicate poverty, stimulate job creation across all 54 African countries, and ensure inclusive economic empowerment. Since launching the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans through its digital hub, TEFConnect, and disbursed nearly US$100 million in direct funding to over 20,000 African women and men, who have collectively created over 400,000 direct and indirect jobs.
The Foundation’s mission is rooted in Pan-African capitalism, which positions the private sector, and most importantly, entrepreneurs, as the catalyst for social and economic development on the African continent. The Foundation’s ability to fund, train, mentor, and network young African entrepreneurs has created a unique platform to catalyze growth across the African continent.
The Foundation’s strong ability to reach entrepreneurs across geographies and sectors has enabled it to forge innovative partnerships with the European Union (EU), the United Nations Development Programme (UNDP), the International Committee of the Red Cross (ICRC), the United States Government through the African-American Development Foundation (USADF), the Organization of African, Caribbean and Pacific States (OACPS), the French Development Agency (AFD), the German Development Finance Corporation (DEG), the German Agency for International Cooperation (GIZ), the African Development Bank (AfDB) and Google, with dedicated programs including targeting women’s empowerment and growth in fragile states.
Mission and Vision
Our mission at the Tony Elumelu Foundation has always been crystal clear: to empower, advance and inspire the next generation of African leaders. Through our unwavering commitment, we have not only created opportunities, but also ignited the spark of possibility in the hearts of millions.
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