Applications-Open-Investing-In-Young-Businesses-In-Africa-Women-Entrepreneurship-For-Africa-iyba-we4a-Programme-2025/

Grant Programs

The Tony Elumelu Foundation

Posted:

October 7, 2025

Deadline:

This expired on

January 25, 2026: 12:00 am

Description

Applications open today, 6 October 2025, and close on 25 January 2026. Successful applicants will receive USD $5,000 seed capital, tailored business management training, a customised green curriculum, mentorship, and lifetime access to TEFConnect for sustained growth and investment readiness. Target sectors include sustainable agriculture, blue economy, renewable energy, circular economy, eco-tourism, construction, and logistics.

  • USD$5,000 non-refundable seed capital to scale their businesses;
  • Comprehensive business management training within the TEF Entrepreneurship Programme, including a customised green curriculum;
  • Mentorship and lifetime access to the TEFConnect digital platform, enabling sustained growth, investment-readiness and follow-up funding; and
  • Specialised Masterclasses led by industry experts on finance, resilience, digital growth, leadership, and expansion led by experts and entrepreneurs.

Through this initiative, the EU, OACPS, BMZ, GIZ, and TEF reaffirm their shared commitment to gender-focused economic empowerment and sustainable development, reducing Africa’s environmental impact and advancing the EU Gender Action Plan (GAP III).

“At the Tony Elumelu Foundation, we have seen first-hand the transformative power of supporting women entrepreneurs. Having successfully implemented the first cohort, we are excited to scale up our impact to empower even more African women-led businesses,” said Somachi Chris-Asoluka, CEO, Tony Elumelu Foundation. “This partnership continues to accelerate Africa’s inclusive, green economy and demonstrates the limitless potential of African women when given the right support.

 

Opportunity Overview

Organisation

The Tony Elumelu Foundation

Category

Location

Expiration Date

This expired on

January 25, 2026

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The Tony Elumelu Foundation

Oranisation Overview

The Tony Elumelu Foundation is the leading philanthropy empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and increasing women economic empowerment. Since the launch of the TEF Entrepreneurship Programme, the Foundation has pulled over 2 million Africans out of poverty, provided over 2.5 million young Africans with access to trainings on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to 24,000 African women and men, who have collectively created over 1,500,000 direct and indirect jobs, and generated over USD$4.2 billion in revenue. The Foundation’s mission is rooted in Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.