Hello,
We are pleased to share that the Tony Elumelu Foundation (TEF) has officially opened applications across a range of entrepreneurship programmes designed to support and fund young African founders.
If you know any ambitious young Africans building businesses, or with strong business ideas, we encourage you to share this widely within your networks. These opportunities are open, competitive, and fully merit-based, and they continue to transform lives and communities across the continent.
1. Tony Elumelu Foundation Entrepreneurship Programme (Pan-African)
Open to entrepreneurs from all 54 African countries, across all sectors.
Successful applicants receive:
• US$5,000 non-refundable seed capital
• World-class business training
• Mentorship and lifelong access to TEFConnect
• Entry into Africa’s largest entrepreneurship ecosystem
Since 2015, the Programme has funded over 24,000 entrepreneurs, trained 2.5 million Africans, helped create 1.5 million jobs, and generated US$4.2 billion in revenue.
Applications close: March 25, 2026
Apply via: www.TEFConnect.com
2. Aguka Ideation Programme (Rwanda – Youth-focused)
A partnership between TEF, UNDP, the European Union, and the Rwandan Ministry of Youth and Arts.
The programme supports young Rwandans with:
• Entrepreneurship training
• Expert mentorship
• US$3,000 seed capital
• Business development support and pitching opportunities
Designed to help youth-led ideas grow into sustainable enterprises.
Applications close: January 10, 2026
Apply via: www.TEFConnect.net
3. IYBA-WE4A Programme (Women-led Green Businesses)
A multi-partner initiative supporting women entrepreneurs building businesses in green and sustainable sectors across selected African countries.
Selected entrepreneurs receive:
• US$5,000 seed capital
• Tailored business and green-enterprise training
• Mentorship and investment-readiness support
• Lifetime access to TEFConnect
This programme is focused on sustainable agriculture, renewable energy, circular economy, eco-tourism, and other green sectors.
Applications close: 25 January 2026
Apply via: www.TEFConnect.net
Each of these programmes is designed to give African entrepreneurs real tools, real capital, and real networks to build businesses that create jobs and long-term impact.
We invite you to share this message with aspiring entrepreneurs, universities, incubators, hubs, youth networks, and women-led business communities, or apply directly if relevant.
Together, we can ensure that every young African entrepreneur is empowered.
Warm regards,
The Tony Elumelu Foundation Team