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Support for African businesses: The Tony Elumelu Foundation disburses $24.75 million to the 5,000 African SMEs for the 2021 program

21/12/2021
Categories: Companies

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Beneficiaries for the year 2021 of the Tony Elumelu Foundation Entrepreneurship Program have been selected from a pool of more than 400,000 applications, based on their innovation, performance and growth potential to create jobs and eradicate poverty on the continent.

The Tony Elumelu Foundation (TEF), the leading philanthropic organization empowering African entrepreneurs from 54 African countries, selected 4,949 entrepreneurs from across Africa. Comprised of both new start-ups and existing small businesses, the 2021 Tony Elumelu Entrepreneurs have undergone world-class training, mentorship and coaching and will have lifetime access to the Tony Elumelu Foundation Alumni Network.

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