An incredible opportunity is here for African entrepreneurs! The Tony Elumelu Foundation (TEF), a leading philanthropic organization, is now accepting applications for its 2026 Entrepreneurship Programme. This initiative is a game-changer, offering not just financial support but a comprehensive package to empower visionary founders across the continent.
But here's the exciting part: TEF is committed to fostering economic growth in Africa through its Africapitalism philosophy, which believes in the power of private sector success to drive development. Since its inception, TEF has invested over $100 million, impacting the lives of over 20,000 entrepreneurs and creating a ripple effect of job opportunities and business growth across all African countries.
The 2026 programme goes beyond funding. It equips founders with practical skills, connects them to valuable networks, and boosts their confidence to build sustainable businesses that contribute to local economic resilience.
So, what's in it for you?
💰 Non-Refundable Seed Capital: Selected entrepreneurs receive a substantial $5,000 to invest directly into their business, whether it's for operations, product development, or market expansion.
📚 World-Class Business Training: Participants will access an online entrepreneurship curriculum via TEFConnect, covering all aspects of business, from fundamentals to strategy, operations, finance, and growth planning.
👥 Expert Mentorship: One-on-one guidance from experienced business mentors will help refine your business model, overcome challenges, and plan for long-term success.
🌍 Networking & Market Access: TEF connects you with a global network of peers, investors, and partners, opening doors to opportunities beyond your home country.
And this is the part most people miss: TEF encourages diversity, welcoming female founders and entrepreneurs from Francophone, Lusophone, and Arabic-speaking backgrounds.
Who can apply?
The 2026 programme is open to African entrepreneurs who meet the following criteria:
- Citizenship/Residency: You must be a citizen or legal resident of any African country.
- Age: Applicants should be 18 years or older.
- Business Stage: Your business should be in its early stages, with a maximum age of 5 years at the time of application.
- Operating in Africa: Your business idea or venture must be registered and primarily operating in an African country.
- Focus: The programme is open to all business sectors, from tech to services, manufacturing, agriculture, health, and more.
Application Deadline: Don't miss the chance! The deadline is 1 March 2026 (23:59 GMT).
Shortlisted candidates will undergo a rigorous selection process, focusing on the viability, scalability, and potential impact of their business ideas.
How to Apply:
1. Create a TEFConnect account: Visit https://www.tefconnect.com/ and register as an entrepreneur.
2. Verify your email: Confirm your account to access the application dashboard.
3. Complete your profile: Add personal and business details, along with supporting documents.
4. Select the 2026 Entrepreneurship Programme: Choose the main TEF Entrepreneurship Grant.
5. Fill out the application form: Provide a clear and detailed description of your business idea, model, target market, and growth strategy.
6. Submit before the deadline: Ensure all sections are completed to avoid disqualification.
Note: TEF does not charge any fees throughout the application or participation process.
Are you ready to take your business to new heights? Apply now and be part of this transformative journey!
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