FAMReports Opportunity Desk | November 2025
The Tony Elumelu Foundation (TEF) has opened applications for the Investing in Young Businesses in Africa: Women Entrepreneurship for Africa (IYBA-WE4A) Programme. This initiative targets women entrepreneurs based in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo, offering a rare opportunity to receive $5,000 in seed capital, expert mentorship, and tailored guidance to expand their green enterprises.
Applicants will benefit from world-class training, access to vibrant entrepreneurial networks, and business development support designed to position women as key players in Africa’s green economy.
Open Calls for January 2025
In addition to the IYBA-WE4A Programme, TEF has announced several programmes set to open in January 2025, including:
TEF Flagship Entrepreneurship Programme: Open to all African entrepreneurs with business ideas or existing ventures not older than five years. The foundation encourages innovative ideas leveraging artificial intelligence (AI) or green solutions.
Aguka Ideation Programme: Designed for young Rwandan entrepreneurs (ages 18–30) with early-stage business ideas.
BeGreen Africa Programme: Open to green businesses in Nigeria, Senegal, and South Africa, as well as waste management enterprises in Kenya, targeting entrepreneurs aged 18–35.
Also Read: Uganda Urged to Pioneer Africa’s Artificial Intelligence Future
How to Apply
Applications are open from January 1 to March 1, 2025, and must be submitted via www.tefconnect.com. Applicants are encouraged to complete their submissions early to avoid last-minute challenges.
Importantly, applications are free of charge. The Tony Elumelu Foundation has not authorized any third parties to collect money for applications. Any payment requests should be reported immediately to whistleblower@tonyelumelufoundation
Selection Criteria
Successful applicants will be evaluated based on the following factors:
Leadership: Evidence of leadership qualities and entrepreneurial potential.
Creativity: Innovation that differentiates the business from others.
Impact: The extent to which the business addresses a real problem or community need.
Presentation: A clear and persuasive elevator pitch.
This initiative continues TEF’s mission to empower African entrepreneurs and promote inclusive, sustainable economic growth across the continent.
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