Abuja hosts largest gathering of African entrepreneurs in July

The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, will hold this year’s entrepreneurs’ summit in Abuja.

TEF’s gathering, which is in its fifth year is set to take place July 26 – 27 in Nigeria’s federal capital Abuja with the participation of entrepreneurs from 54 countries. The event is the largest gathering of African entrepreneurs.

According to a statement released by the Foundation, the Forum is the culmination of the annual Tony Elumelu Foundation Entrepreneurship Program, which this year mentored, trained and seeded over 3,000 young Africans, selected from over 216,000 applicants.

Keynote speakers at the highly anticipated Forum include Presidents of Rwanda and Senegal, Paul Kagame and Macky Sall.

The Tony Elumelu Foundation has been at the forefront of promoting entrepreneurship on the continent. The philosophy of the foundation, taken from its founder Nigerian entrepreneur Tony Elumelu, is to empower a generation of successful for-profit entrepreneurs who drive Africa’s economic and social transformation.

Through its $100million Entrepreneurship Program, the Foundation empowers 1,000 entrepreneurs annually, who receive $5,000 in non-refundable seed capital, access to mentors, a 12-week training program and opportunities to promote their businesses.