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Tag Archives: Tony Elumelu Foundation

Post Covid19: Leaders call for global co-operation to stem global depression at UBA Africa Day Conversations

GLOBAL leaders have emphasized the need for meaningful collaborations between governments and the private sector as a panacea for the quick economic recovery of the African continent post Covid-19. The leaders at the second edition of United Bank for Africa (UBA) African Day Conversations titled Growth, Jobs and Sustainable Development Amidst a Global Pandemic brainstormed over ideas that would help …

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Tony Elumelu Foundation disburses first tranche of  AFDB’s $5m partnership commitment

TONY O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment​ to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 TEF Entrepreneurship Programme. The $2.5m fund was released yesterday, with the remainder expected to be disbursed to the entrepreneurs in Q12020. The AfDB commitment …

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TEF opens African entrepreneurs’ application portal for 2020 cohort

TONY Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020. The TEF Entrepreneurship Programme is open to startup entrepreneurs, with innovative business ideas or …

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Tony Elumelu Foundation highlights relevance, urgency of supporting entrepreneurial led economic growth in Africa

AT a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the Tony Elumelu Foundation brought together leading stakeholders in the development finance sector, at a case study session in the EU …

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Ifeyinwa Ugochukwu assumes office as CEO, Tony Elumelu Foundation on April 1

IFEYINWA Ugochukwu, former Director of Partnerships and Evaluation, Tony Elumelu Foundation has assumed her new role as the Foundation’s CEO on April 1. [Ifeyinwa becomes the third CEO and the first African to become the Chief Executive Officer of the Tony Elumelu Foundation.] In December 2018, the Foundation, the leading African philanthropy committed to empowering African entrepreneurs, announced Mrs. Ugochukwu’s …

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TEF opens applications for $100m Entrepreneurship Programme, plans 1m new jobs

TONY Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs and has an objective is to generate at least 1,000,000 new jobs and create at least …

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