Africa’s largest business incubator, The Tony Elumelu Foundation (TEF), is now accepting applications from African entrepreneurs, with business ideas that can transform Africa.
Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African country. Since inception in 2015, the Programme has assisted nearly 2,000 entrepreneurs and created hundreds of jobs across the continent.
The Programme provides critical tools for entrepreneurial success, including:
Training:12 weeks of intensive training on setting-up and managing businesses
Mentoring:A mentor will guide successful applicants in creating a robust business plan
Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan

To be eligible:
Business must be based in Africa
Business must be for profit
Business must be 0-3 years’ old
Applicants must be at least 18 and a legal resident or citizen of an African country

source : http://www.panumo.com/2017/01/tony-elumelu-foundation-opens.html