Tony Elumelu Foundation
FoundationLagos · Pre-Seed–Seed · 2 people tracked
Investment thesis
The Foundation pursues a catalytic approach to job creation and economic development in Africa, driven by the belief that African entrepreneurs are best positioned to develop the continent from within. It funds young entrepreneurs across all 54 African countries with seed capital of US$5,000 each, alongside training and mentorship delivered through its TEFConnect platform. The Foundation emphasizes the link between climate resilience, poverty reduction, and entrepreneurship, supporting green businesses and agripreneurship as solutions to environmental and joblessness challenges. It stresses collaboration with governments, development agencies, and the private sector to scale impact and foster a self-reliant, prosperous continent.
Source: firm website, verified Aug 7, 2026.
Team · 2 people
from the firm's website
Investments · 1 tracked
founders shown can be your intro pathFrequently asked questions
- What stage does Tony Elumelu Foundation invest at?
- Tony Elumelu Foundation invests at the Pre-Seed, Seed stages.
- What is Tony Elumelu Foundation's typical check size?
- Tony Elumelu Foundation typically writes checks of $5K.
- What sectors does Tony Elumelu Foundation focus on?
- Tony Elumelu Foundation focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Energy, Impact & Social Good, Sector Agnostic.
- Where is Tony Elumelu Foundation located?
- Tony Elumelu Foundation is headquartered in Lagos, NG.
Media · Podcasts & interviews
from their channelGood Health as a Business Tool
The Tony Elumelu Foundation
2026 IYBA WE4A Entrepreneurship Programme Masterclass on ''Building Smart Teams as a Business''
The Tony Elumelu Foundation
Green Focused Case Study Masterclass Session
The Tony Elumelu Foundation
Induction of 2025 Entrepreneurs into the TEF Alumni Community
The Tony Elumelu Foundation
TEF Masterclass: Audit & Control Measures for Businesses
The Tony Elumelu Foundation
2026 Alumni Hub Lead Election Information Session
The Tony Elumelu Foundation
Images
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