Tony Elumelu Foundation Signs $6m Partnership to Empower African Entrepreneurs

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  • Tony Elumelu Foundation has secured a US$6 million UAE partnership to boost 1,000 African entrepreneurs
  • This partnership underscores the unwavering commitment to fostering entrepreneurship across Africa and ties between Africa and the Gulf Cooperation Council region

Africa – The Tony Elumelu Foundation has signed a US$6 million partnership with the UAE Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation to empower 1,000 African entrepreneurs, providing them with $US5,000 in seed capital, comprehensive business training, mentorship, and access to invaluable networks.

The Tony Elumelu Foundation has secured US$6M UAE partnership to boost 1,000 African entrepreneurs.
The Tony Elumelu Foundation has secured a US$6M UAE partnership to boost 1,000 African entrepreneurs.

This partnership not only underscores the foundation’s unwavering commitment to fostering entrepreneurship across Africa but also signifies a deepening of ties between Africa and the Gulf Cooperation Council (GCC) region.

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By joining forces, the foundation and partners are taking a monumental step towards realising the vision of a self-reliant and prosperous Africa, driven by it’s entrepreneurial talent.

To all young African entrepreneurs with an idea or a growing business, this is your time.

How to apply for Tony Elumelu Foundation funding

Apply to the Tony Elumelu Foundation Entrepreneurship Programme for $5,000 seed capital funding, business management training, mentoring and access to networks via TEFConnect.com before March 1, 2025.

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Also read: AfDB’s Climate Action Window Channels $31m to Boost Climate Resilience in Four Countries

African Development Bank’s Climate Action Window has channelled US$31 million to boost climate resilience in four countries

The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilise US$4 billion by 2025 to provide rapid and coherent access to climate finance

AfDB’s Climate Action Window Channels $31m to Boost Climate Resilience in Four Countries

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