“A Decade of Impact” is a celebration of the rapid transformation across the continent driven by the private sector, as well as our role in catalyzing this achievement.
Both organisations continue to redefine success on the continent, challenging previous notions and unleashing Africa’s potential. Heirs Holdings’ business and investment successes validate its Africapitalism model; and the Tony Elumelu Foundation’s accomplishment, empowering young African entrepreneurs and championing youth entrepreneurship across 54 African countries, is creating shared prosperity for families, communities and an entire continent.
This event is a call to action to all global stakeholders in Africa’s present and future, to tackle the barriers to our rapid transformation and present success stories and models to achieve continent-wide economic success.
The Tony Elumelu Foundation is the leading champion of entrepreneurship in Africa founded by African investor and philanthropist, Tony O. Elumelu, and representing his personal commitment to creating a new generation of entrepreneurs.
Our objective is to empower women and men across our continent, catalysing economic growth, driving poverty eradication, and ensuring job creation.
This year the Tony Elumelu Foundation will be celebrating its 10-year anniversary.
Supported the creation of the Impact Economy Innovation Fund – a joint $650,000 initiative with the Rockefeller Foundation (rockefellerfdn) to identify and fund 7 individual investments at the 2013 Africa Impact Investment Forum in South Africa.
The goal is that 10,000 entrepreneurs will create 1 million jobs and generate $10 billion in additional revenue on the continent. With our strategic partners we can multiply these figures exponentially. To this end, an opportunity also exists for second tier funding by TEF Partners in the form of debt or equity financing for the High Growth Companies that make up our growing pool of TEF Alumni.