Inclusive Capitalism supporter: The Tony Elumelu Foundation

The Tony Elumelu Foundation logo

Established in 2010, the Tony Elumelu Foundation (TEF) is the leading philanthropic organisation in Africa with the aim of promoting entrepreneurship as the catalyst for the socio-economic development of the continent. The Foundation has set itself apart from grant-making bodies, by operationalising integrated programmes to support entrepreneurship in Africa and by enhancing the competitiveness of the African private sector. The foundation has an audacious mission: to equip and empower thousands of entrepreneurs across Africa so that they, rather than aid agencies and charities, will form the foundation of the continent’s social and economic development. This is operationalised through the TEF Entrepreneurship Programme, a 10-year, $100 million commitment to identify, train, and empower 10,000 African entrepreneurs across Africa.