Tony Elumelu Foundation Commits $16M to Support 3,200 African Entrepreneurs by 2026

The Tony Elumelu Foundation has pledged $16 million in seed funding to support 3,200 young African entrepreneurs through its enterprise programme by 2026. This commitment builds on the foundation's track record of disbursing $100 million since 2015, which has supported 24,000 entrepreneurs and created over 1.5 million jobs. The new funding aims to continue fostering entrepreneurship and economic growth across Africa in the coming years.