Tony Elumelu awards $16 million to 3,200 young entrepreneurs
Tony Elumelu provides $16 million in non-repayable grants to 3,200 young African entrepreneurs across 54 countries to foster wealth and opportunity
Tony Elumelu Foundation
Tony Elumelu Foundation is deploying $16 million to 3,200 African entrepreneurs in its 2026 cohort
Tony Elumelu Foundation is giving $5,000 each to 3,200 African entrepreneurs in 2026, deploying $16 million in total seed capital across Africa.
Tony Elumelu Foundation adds three global heavy-hitters to advisory board
The Tony Elumelu Foundation has appointed three new Advisory Board members, including Badr Jafar, Per Heggenes and Harvard professor Paul Gompers.
Nigerian business mogul Tony Elumelu to empower new generation of African entrepreneurs
Tony Elumelu says empowering young entrepreneurs is key to Africa’s future as his foundation expands funding, training and mentorship across all 54 African countries
Nigerian businessman Tony Elumelu awards $5-million seed capital to 1,000 African entrepreneurs
Each recipient is set to receive a $5,000 non-refundable seed capital to kickstart their entrepreneurial endeavors.
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Nigerian mogul Tony Elumelu signs $1.4-million deal to empower Rwandan youths
The four-year agreement was signed through his Africa-focused non-profit, Tony Elumelu Foundation.
Nigerian businessman Tony Elumelu pledges support to female farmers
Elumelu has played a crucial role in supporting young businesspeople in Africa.
Nigerian Export Promotion Council teams up with Tony Elumelu to support local entrepreneurs
Their joint initiative will aim to support small and medium enterprises in the non-oil sector in Nigeria.
Tony Elumelu Foundation partners with Stanford University to produce research on the mindset of African entrepreneurs
The research revealed that pertinent cultural factors influence women’s entrepreneurial journeys in the region.
Abdul Samad Rabiu launches $100-million philanthropic drive
Nigerian tycoon Abdul Samad Rabiu recently launched a $100-million Africa fund called the Abdul Samad Rabiu Initiative.
Nigerian Billionaire Tony Elumelu set to pocket $3.3 million in dividends from United Bank of Africa
UBA Chairman Tony Elumelu set to earn $3.3 million from his shares in the bank.