Tony Elumelu Foundation Entrepreneur Grants Yield $4.2bn Revenue, 1.5m Job Creation –CEO

The Tony Elumelu Foundation (TEF) has disbursed over $100 million since 2015, supporting 24,000 young entrepreneurs across Africa’s 54 countries and generating $4.2 billion in revenue along with 1.5 million direct and indirect jobs. TEF CEO Somachi Chris-Asoluka shared these milestones at a Saturday news conference in Abuja, announcing the 2026 cohort of 3,200 beneficiaries […]