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The Tony Elumelu Foundation

tonyelumelufoundation.org Direct investor

The Tony Elumelu Foundation is a philanthropy that empowers African entrepreneurs through training, mentorship, and seed capital funding. It operates across all 54 African countries, focusing on early-stage businesses.

The Tony Elumelu Foundation is an investor headquartered in Lagos, Nigeria, founded in 2010. It invests directly in companies, at seed, in entrepreneurship. Its stated cheque size is $5,000. 27000 portfolio companies, as it reports.

“We believe in African Entrepreneurship. So We built an infrastructure that supports entrepreneurial talents across the continent.”

— The Tony Elumelu Foundation, own website
Layer
Direct investor
Type
Other
Stage
Seed
Headquarters
Lagos, Nigeria
Invests in
Africa
Sectors
entrepreneurship
Cheque size
$5,000
Founded
2010
Portfolio
27000 companies

Team, as The Tony Elumelu Foundation publishes it

  • Tony O. Elumelu, C.F.R Founder
  • Dr. A.V Elumelu, O.F.R Co-Founder
  • Somachi Chris-Asoluka CEO
  • Fatou Assah Advisory Board Member
  • Alex Trotter TEF Trustee
  • Badr Jafar Advisory Board Member
  • Per Heggenes Advisory Board Member
  • Paul Gompers Advisory Board Member

Names and roles exactly as listed on tonyelumelufoundation.org. Nothing else about these people is recorded.

Where this comes from

Every fact above was read from a page The Tony Elumelu Foundation publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 6491 · added 2026-09-03 · link last verified 2026-10-21 · confidence high

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