2021 Tony Elumelu Foundation (TEF) Entrepreneurship Programme for African Entrepreneurs

Deadline: March 31, 2021.

Established in 2010, The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. The Foundation’s 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. The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa. 


A. All African women entrepreneurs living in any African country with the right to work and operate a business in that country.

B. The programme is open to all citizens and legal residents of any one of the 54 African countries.

C. The proposed business must be registered and operate in Africa.

D. Applicants must be 18 years old and must not be considered a minor in their country of residence.  There is no upper-limit age restriction

E. The programme is not open to research institutions, faith based organisations, value adding trading companies, government contractors and businesses not located in Africa

F. All businesses must be business ideas or an early stage company, in the range of 0 to 5 years old.


A. Access non-refundable seed capital of $5,000

B. Business Training

C. Mentorship



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