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
- 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.
- https://www.tonyelumelufoundation.org/name, is_investor, layer, type, hq_country, hq_city, invests_in_geographies, stage_min, stage_max, sectors, cheque_size, thesis_quote, thesis_quote_page, description, portfolio_count, status, confidence
- https://www.tonyelumelufoundation.org/about-usfounded, people
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Record 6491 · added 2026-09-03 · link last verified 2026-09-06 · confidence high
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