The Tony Elumelu Basis is the main champion of entrepreneurship in Africa. Our goal is to empower ladies and men throughout our continent, catalysing financial development, driving poverty eradication and making certain job creation. We consider the non-public sector’s position is important for Africa’s growth and that the non-public sector should create each social and financial wealth.
Based by African investor and philanthropist, Tony O. Elumelu, and representing his private dedication to creating a brand new era of entrepreneurs, by his funding firm, Heirs Holdings, the Basis is lively in all 54 African international locations.
Our mission is applied by our programmes, analysis, communities, advocacy and convening, together with the annual TEF Discussion board, the biggest gathering of entrepreneurs in Africa, and TEFConnect, Africa’s digital hub for entrepreneurs. The Basis leverages its sturdy relationships within the public, non-public and growth sectors to drive its mission of making prosperity for all.
In 2015, the Basis launched the TEF Entrepreneurship Programme, a $100 million dedication by Tony Elumelu to empower 10,000 African entrepreneurs over 10 years. Constructing on the Programme’s success and its distinctive capacity to establish, mentor and fund entrepreneurs throughout Africa, the Basis is more and more sharing its sturdy supply platform and dealing in partnership with establishments equivalent to United Nations Improvement Programme, the African Improvement Financial institution, the Worldwide Committee of the Crimson Cross, GIZ, and United Financial institution for Africa Plc, to create significant and everlasting affect throughout Africa.
Up to now, the Tony Elumelu Basis has skilled, mentored, and funded over 9,000 younger African entrepreneurs throughout 54 African international locations by its Entrepreneurship Programmes, and offers capacity-building assist, advisory and market linkages to over 1million Africans by its digital networking platform, TEFConnect.
The Tony Elumelu Basis (TEF), Africa’s main philanthropy devoted to empowering African entrepreneurs, opens functions on its TEFConnect digital platform (www.tefconnect.com) on January 1, 2021 and closes March 31st, 2021.
This yr’s intervention prioritises the financial restoration of small and medium scale enterprises (SMEs) and younger African entrepreneurs, following the Covid-19 disruption to financial actions.
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