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African startups<\/a> raised only $2.2 billion in 2024, representing just 0.6% of global startup funding, highlighting a massive financing gap that leaves promising tech entrepreneurs without the capital needed to scale digital solutions across the continent.<\/p>\n Only 5% of African seed-stage startups successfully secure Series A funding\u201485% lower than the global average\u2014underscoring the critical importance of accessible early-stage support for ICT4D innovators.<\/p>\n $5,000 Seed Grants for Startups<\/p>\n The Tony Elumelu Foundation 2026 Entrepreneurship Programme<\/a> is offering $5,000 non-refundable seed capital plus comprehensive business training and mentorship to African entrepreneurs developing scalable technology solutions. Since 2015, TEF has invested over $100 million across more than 20,000 entrepreneurs, generating jobs and business growth throughout all 54 African countries.<\/p>\n Non-dilutive grants like this offer the \u201cfirst check\u201d that helps bridge the gap between an idea and an investable business. With 75% of African startup funding occurring at pre-Series A or earlier stages, TEF\u2019s programme provides essential foundation support for tech entrepreneurs addressing Africa\u2019s most pressing development challenges through innovative digital solutions.<\/p>\n Comprehensive Support Package<\/p>\n Selected entrepreneurs receive $5,000 direct investment, world-class business training delivered through TEFConnect\u2019s online platform, one-on-one expert mentorship, and access to global networks connecting founders with investors, partners, and international markets.<\/p>\n The programme specifically welcomes ICT4D solutions spanning fintech, digital health, agtech, climate tech, education technology, and connectivity innovations\u2014sectors driving Africa\u2019s digital transformation.<\/p>\n Eligibility & Application<\/p>\n Open to citizens or legal residents of any African country, age 18 or older, operating early-stage businesses (0-5 years old) registered and operating primarily in Africa. The programme encourages diverse representation, including female founders and Francophone, Lusophone, and Arabic-speaking entrepreneurs.<\/p>\n Apply Now<\/a>: Deadline: March 1, 2026<\/p>\n More Funding Opportunities<\/p>\n Please sign up now <\/a>to get our email updates. Learn how to get startup funding<\/a> for your technology business, and find new funding opportunities<\/a> with donors.<\/p>\n