Lagos, Nigeria, October 30, 2016 – Yesterday, The Tony Elumelu Foundation (TEF) closed the 2nd TEF Entrepreneurship Forum – the largest gathering of African entrepreneurs and the highlight of the annual TEF Entrepreneurship Programme.
The Forum celebrates the 2016 cohort of Tony Elumelu Entrepreneurs – selected from over 45,000 applicants in 54 African countries – and their completion of the Programme’s innovative 12-week online training. On completing the programme Tony Elumelu Entrepreneurs become members of the largest entrepreneurial alumni network in Africa.
“The TEF Forum is the centrepiece of the TEF Entrepreneurship Programme, and through it, we are giving from the perspective of empowering the recipient, instead of making them dependent on us,” explained Tony O. Elumelu, CON.“As a result, our entrepreneurs will change the face of Africa, creating a wave of dynamic African businesses, bringing wealth to their communities and countries, and driving economic growth across the whole continent.”
Public sector speakers included:
H.E. Ernest Bai Koroma, President of Sierra Leone
President Olusegun Obasanjo, Former President of Nigeria
Prime Minister Lionel Zinsou, Former Prime Minister of Benin Republic
Alh. Lai Mohammed, Honourable Minister of Information, Tourism and Culture
Private sector speakers included:
Kennedy Uzoka, Group CEO of United Bank for Africa (UBA)
Mrs. Folorunso Alakija, Vice Chair of Famfa Oil
Segun Awolowo, CEO of the Nigerian Export Promotion Council
Clem Ugorji, Public Affairs & Communications Director, Coca-Cola West Africa
Emeke Iweriebor, Regional CEO of UBA Africa (Francophone)
Matthew Pearson, Head of Africa Equity Sales at ICBC Standard Bank
Sam Nwanze, Chief Investment Ofﬁcer at Heirs Holdings
Visit the TEF Forum website for a full list of speakers: https://tonyelumelufoundation.org/programme/tefforum2016/speakers/
As part of the TEF Entrepreneurship Programme’s 10-year, $100 million commitment, participants are now eligible to receive up to $10,000 seed capital to implement their business plans.
TEF CEO Parminder Vir OBE said: “We are proud to have established a unique platform for African entrepreneurs to forge relationships and business partnerships. In doing so, we are creating an ecosystem that fosters innovation and collaboration, on a scale few believed possible.”
The Forum allows entrepreneurs to share and gain knowledge, build cross border partnerships, and connect with investors and policymakers. The ﬁrst day featured plenary panels, masterclasses, TEDstyle talks and sector speciﬁc networking opportunities. The second day was a policy-led gathering, focused on improving the enabling environment.
The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.