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Tony Elumelu, Chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, has stirred public debate after stating that his success is due to luck rather than solely merit or effort.
Tony Elumelu Foundation, TEF, has disbursed over $100 million in non-refundable grants to 24,000 young entrepreneurs across the African continent since the launch of its flagship entrepreneurship…
The Tony Elumelu Foundation has disbursed $100m to 24,000 young African entrepreneurs since 2015, creating over 1.5 million jobs across the continent. Read More:…
Applications to the flagship programme were received from over 265,000 young Africans, representing all 54 African countries, underscoring Africa’s vibrant entrepreneurial sector and the funding…
The Tony Elumelu Foundation is driving an African entrepreneurial revolution by providing seed capital and fostering innovation in critical sectors like green energy, agrotech, and creative industries, building essential infrastructure for the continent's growth.
Nigerian philanthropist Tony Elumelu's foundation has unveiled its 2026 entrepreneurship cohort, committing $16 million in seed funding to support 3,200 African entrepreneur beneficiaries with grants and mentorship.
The Tony Elumelu Foundation has selected 3,200 African entrepreneurs for its 2026 Entrepreneurship Programme, focusing on AI integration and green business management, following its earlier announcement of the upcoming cohort.
Heirs Energies has committed $10 million to its entrepreneurship initiative, aiming to support 2,000 African entrepreneurs through the Tony Elumelu Foundation to foster job creation across the continent.
Entrepreneurs supported by the Tony Elumelu Foundation have collectively generated over $4.2 billion in revenue and created 1.5 million jobs since the grant program's inception in 2015.
The Tony Elumelu Foundation is set to unveil its 12th cohort, funding 3,200 entrepreneurs with $16m after a record surge in applications, following applications from over 265,000 young Africans across all 54 countries.