Sunday, January 25, 2026

1,000 African Entrepreneurs to Get $5000 in New TEF Partnership

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The Tony Elumelu Foundation has partnered with the UAE Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation to support 1,000 young African entrepreneurs with $6 million.

This partnership was announced at the World Government Summit. It will provide business training, mentorship, networking opportunities, and $5,000 in free start-up money to help African entrepreneurs succeed.

The agreement was signed by Tony Elumelu and H.E. Mohamed Haji Al Khoori. This partnership will create a positive impact, improve lives, and help Africa grow.

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Congratulations to the Tony Elumelu Foundation and the 1,000 entrepreneurs who will benefit from this great opportunity.

The Heirs Insurance Group also shared their support, saying, “Here’s to championing innovation, enterprise, and prosperity.”

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