2026 Tony Elumelu Foundation (TEF) Grant for Africans

By /

2026 Tony Elumelu Foundation (TEF) Grant for Africans | $5,000 Funding + Business Training

The Tony Elumelu Foundation (TEF) Grant 2026 is now open to applications from African entrepreneurs across the continent. This highly competitive and prestigious entrepreneurship program provides non-refundable seed funding of $5,000, world-class business training, mentorship, and access to one of Africa’s largest entrepreneurial networks.

Designed to support young and emerging entrepreneurs, the Tony Elumelu Foundation Grant aims to stimulate economic growth, reduce poverty, and create sustainable jobs across Africa. Since its inception, the program has supported thousands of African-owned businesses in diverse sectors including agriculture, technology, fashion, health, logistics, renewable energy, and manufacturing.

If you are an African entrepreneur with a business idea or an existing business, this guide explains everything you need to know about the 2026 Tony Elumelu Foundation Entrepreneurship Grant, including eligibility, benefits, available programs, and how to apply successfully.

About the Tony Elumelu Foundation (TEF)

The Tony Elumelu Foundation was established in 2010 by Tony O. Elumelu, CON, a renowned African entrepreneur, investor, and philanthropist. The Foundation is built on the philosophy of Africapitalism, which emphasizes the role of African entrepreneurs as drivers of social and economic transformation.

TEF is committed to empowering men and women across Africa, particularly those in underserved communities, by providing access to capital, training, mentorship, and global business opportunities.

The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is the flagship initiative of the Foundation and represents a $100 million commitment to identify, train, mentor, and fund 10,000 African entrepreneurs over a 10-year period.

Overview of the Tony Elumelu Foundation Grant 2026

The TEF Grant 2026 is open to entrepreneurs from all African countries, with no IELTS requirement and no application fee.

Key Program Summary

  • Host Organization: Tony Elumelu Foundation

  • Program Type: Entrepreneurship Training & Seed Funding

  • Eligible Countries: All African countries

  • Funding Amount: $5,000 (non-refundable)

  • Additional Benefits: Business training, mentorship, networking

  • IELTS Requirement: Not required

  • Application Deadline: March 1, 2026

See also  Recruitment at Isaacworthub LLC

Why the Tony Elumelu Foundation Grant Matters

Access to finance remains one of the biggest challenges facing African entrepreneurs. Many small business owners struggle to secure loans due to high interest rates, lack of collateral, or limited financial history.

The Tony Elumelu Foundation Grant bridges this gap by offering:

  • Free business training

  • Non-repayable startup capital

  • Access to experienced mentors

  • Long-term support through alumni networks

Beyond funding, the program equips entrepreneurs with the skills, confidence, and networks needed to build scalable and sustainable businesses that create jobs and drive inclusive economic growth.

TEF Entrepreneurship Programs Available in 2026

For the 2026 application cycle, the Tony Elumelu Foundation offers multiple entrepreneurship programs tailored to different regions, age groups, and business focus areas.

1. TEF Flagship Entrepreneurship Programme

This is the most popular TEF program and is open to:

  • Entrepreneurs from all African countries

  • Individuals with business ideas or existing businesses

  • Applicants aged 18 years and above

This program supports startups across all sectors, including tech, agriculture, services, retail, and manufacturing.

2. IYBA-WE4A Entrepreneurship Programme (Women-Focused)

This program targets women entrepreneurs with green or environmentally sustainable businesses.

Eligible Countries:

  • Senegal

  • Tanzania

  • Uganda

  • Cameroon

  • Kenya

  • Mozambique

  • Malawi

  • Togo

Applicants must be 18 years or older and demonstrate how their business contributes to environmental sustainability.

3. Aguka Ideation Programme

This program is designed specifically for young Rwandan entrepreneurs.

Eligibility Highlights:

  • Open to Rwandan nationals

  • Business must be at the idea stage

  • Applicants must be aged 18–30 years

4. BeGreen Africa Programme

The BeGreen Africa Programme focuses on supporting green businesses and waste management enterprises.

Eligible Locations:

  • Nigeria

  • Senegal

  • South Africa

  • Kenya (waste management businesses only)

Age Requirement: 18–35 years

This program supports businesses that promote renewable energy, recycling, climate-smart agriculture, and environmental conservation.

Eligibility Requirements for the Tony Elumelu Foundation Grant 2026

To qualify for the 2026 Tony Elumelu Foundation Entrepreneurship Grant, applicants must meet the following criteria:

  • Must be an African citizen or legal resident of an African country

  • Must be 18 years or older

  • Must have a business idea or an existing business

  • Business must be for-profit and scalable

  • Applicants must demonstrate a clear business model and growth potential

  • Must be willing to participate in 12 weeks of intensive online training

See also  Recruitment at Sterling Health HMO

Both startups and early-stage businesses are welcome to apply.

Benefits of the Tony Elumelu Foundation Grant 2026

Successful applicants to the TEF Grant 2026 enjoy a wide range of benefits beyond financial support.

1. $5,000 Non-Refundable Seed Capital

Each selected entrepreneur receives $5,000 in seed funding, which does not need to be repaid.

2. 12 Weeks of World-Class Business Training

Participants undergo structured business training covering:

  • Business planning

  • Financial management

  • Marketing and sales

  • Customer acquisition

  • Legal and compliance basics

3. Mentorship from Industry Experts

Entrepreneurs are paired with experienced mentors who provide guidance, feedback, and strategic advice.

4. Access to TEF Alumni Network

Graduates join a powerful alumni network of over 15,000 African entrepreneurs, opening doors to partnerships, funding opportunities, and market access.

5. TEFConnect Digital Platform

All training, mentorship, and networking take place on TEFConnect, Africa’s largest digital platform for entrepreneurs.

Step-by-Step Guide: How to Apply for the Tony Elumelu Foundation Grant 2026

Follow these steps to submit a successful application:

Step 1: Visit the Official TEF Portal

Go to the official application platform:
👉 https://www.tefconnect.com/

Step 2: Create an Account

Sign up using a valid email address and complete your personal profile.

Step 3: Choose Your Program

Select the entrepreneurship program that best fits your business and location.

Step 4: Complete the Application Form

Provide accurate details about:

  • Your business idea or existing business

  • Target market

  • Revenue model

  • Social or economic impact

Step 5: Submit Before the Deadline

Ensure your application is submitted on or before March 1, 2026.

Tips to Increase Your Chances of Selection

  • Clearly explain how your business solves a real problem

  • Demonstrate job creation and economic impact

  • Be realistic with financial projections

  • Ensure consistency in your responses

  • Avoid copying business ideas—originality matters

See also  Recruitment at Aspom Travel Agency

Important Notes for Applicants

  • Application is completely FREE

  • No agent or middleman is required

  • TEF does not request payment at any stage

  • Beware of scams and fake websites

Frequently Asked Questions (FAQs)

Is the Tony Elumelu Foundation Grant real?

Yes. The TEF Grant is a legitimate and well-established entrepreneurship program with thousands of beneficiaries across Africa.

Do I need IELTS to apply?

No. IELTS is not required for the Tony Elumelu Foundation Grant.

Can students apply for the TEF Grant?

Yes, as long as you are 18 years or older and have a viable business idea.

Can I apply without a registered business?

Yes. You can apply with a business idea or an early-stage business.

Is the $5,000 grant repayable?

No. The $5,000 seed funding is non-refundable.

Final Thoughts

The 2026 Tony Elumelu Foundation Grant for Africans remains one of the most impactful entrepreneurship opportunities on the continent. With free training, $5,000 funding, mentorship, and lifelong networking benefits, this program provides African entrepreneurs with the tools needed to succeed.

If you have a business idea or an existing venture and dream of scaling it across Africa, this is an opportunity you should not miss.

👉 Apply now via: https://www.tefconnect.com/

Scroll to Top