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6 results for "tony elumelu foundation"

Foundation Empowers 24,000 African Entrepreneurs With $100M
InnovationMar 31

Foundation Empowers 24,000 African Entrepreneurs With $100M

The Tony Elumelu Foundation has invested $100 million in over 24,000 African entrepreneurs since 2015, creating 1.5 million jobs and generating $4.2 billion in revenue. In 2026, they just selected 3,200 more young business owners from across all 54 African countries to receive funding, training, and mentorship.

Premium Times Nigeria2 min read
Tony Elumelu Foundation Backs 24,000 African Entrepreneurs
Acts of KindnessMar 23

Tony Elumelu Foundation Backs 24,000 African Entrepreneurs

A Nigerian billionaire's foundation has invested over $100 million in 24,000 young African entrepreneurs since 2010, tripling its original goal. The initiative has helped create 1.5 million jobs across the continent while maintaining an 80% business success rate.

Premium Times Nigeria2 min read
African Entrepreneurs Generate $4.2B Through Foundation
SolutionsMar 22

African Entrepreneurs Generate $4.2B Through Foundation

Since 2015, 24,000 young African entrepreneurs have turned small grants into businesses generating $4.2 billion and creating 1.5 million jobs. The Tony Elumelu Foundation's investment in Africa's next generation is proving that targeted support can transform entire economies.

Vanguard Nigeria2 min read
African Foundation Empowers 3,200 Entrepreneurs in 2026
SolutionsMar 21

African Foundation Empowers 3,200 Entrepreneurs in 2026

The Tony Elumelu Foundation will announce 3,200 new entrepreneurs receiving $5,000 grants and training on March 22. Over 265,000 young Africans from all 54 countries applied for the life-changing program.

Myjoyonline Ghana2 min read
African Foundation Grants $16M to 3,200 Entrepreneurs
SolutionsMar 20

African Foundation Grants $16M to 3,200 Entrepreneurs

The Tony Elumelu Foundation just selected 3,200 young African entrepreneurs to receive $5,000 grants and business training starting March 22. Over 265,000 hopefuls from all 54 African countries applied for the life-changing opportunity.

Premium Times Nigeria2 min read
African Fund Deploys $100M, Lifts 24,000 Entrepreneurs
SolutionsMar 17

African Fund Deploys $100M, Lifts 24,000 Entrepreneurs

The Tony Elumelu Foundation has invested over $100 million in African startups across 15 years, empowering 24,000 entrepreneurs who've now created 1.5 million jobs. Their businesses have generated $4.2 billion in revenue, proving that opportunity plus capital equals transformation.

Regional: africa innovation startup (ZA)2 min read