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Tony Elumelu Foundation Boosts 3,200 African Entrepreneurs, Including Two from Egypt, with $5,000 Grants for 2026 Cohort

The Tony Elumelu Foundation has selected 3,200 African entrepreneurs, including two from Egypt, for its 2026 program. Each winner will receive a $5,000 grant and comprehensive support designed to help their startups thrive and grow.

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Tony Elumelu Foundation Boosts 3,200 African Entrepreneurs, Including Two from Egypt, with $5,000 Grants for 2026 Cohort

In a move that shows the ongoing energy in Africa's entrepreneurship scene, the Tony Elumelu Foundation announced it has selected 3,200 entrepreneurs for its twelfth cohort in 2026. These entrepreneurs were chosen from over 265,000 applications received from 54 countries, making this one of the continent's largest initiatives supporting startups.

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