Young Togolese entrepreneurs and project leaders can once again apply to the Tony Elumelu Entrepreneurship Programme 2026, with applications open until March 1 this year.
The Tony Elumelu Foundation (TEF) leads the pan-African programme, which has supported the creation and consolidation of small businesses across the continent for several years. The initiative operates in an environment marked by high youth unemployment and a shortage of viable startups, including in Togo.
Specifically, the programme offers non-refundable seed capital of up to $5,000, combined with 12 weeks of intensive business management training. In addition, the programme provides personalized mentoring and access to an international network of investors and entrepreneurs. Togolese project leaders can apply regardless of sector, whether they are at the idea stage or already operating a business. The foundation delivers the training in French, English, Portuguese, and Arabic.
Moreover, the process includes candidate selection, training, business plan development, a pitching phase, and electronic transfer of funds. In this context, the programme allows applicants who do not receive funding to retain access to the training and apply again in future editions.
For Togo, where entrepreneurship represents a central lever for job creation and efforts to reduce unemployment, the programme offers an additional source of financing and capacity building. According to the World Bank, a large share of young workers in Africa holds precarious jobs, a trend that also affects the Togolese labor market.
This article was initially published in French by R.E.D
Adapted in English by Ange Jason Quenum