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Liberian Entrepreneurs at TEF Forum 2018 show gratitude, vow to make impact at home

Varflay Kamara/Maximilian Kasseh, Jr.
Some Liberian Entretreneurs who attended the TEF Rorum
Some Liberian Entretreneurs who attended the TEF Rorum

Liberian Entrepreneurs at the 2018 Tony Elumelu Entrepreneurship Forum (TEF) are lauding the Foundation for the opportunity given them to attend the event.

The TEF Forum is Africa’s largest gathering of Entrepreneurs which is annually held in the Nigerian commercial city of Lagos.

Every year the forum brings together more than One-thousand- five-hundred entrepreneurs from across Africa, and Liberia is no exception.

Speaking to Journalists on the sideline of the Forum on October 25, the Liberian entrepreneurs, in separate remarks, thanked the organizers helping them understand the true meaning of Entrepreneurship.

The Liberian representatives, comprising ten persons underwent a rigorous nine-month period of training, mentorship and funding to grow their respective businesses.

They are involved in Agribusiness, Tourism and Waste Management among others.

This year’s training targeted a total 4,470 beneficiaries, ten of which are Liberians.

The Liberians commended the TEF for the opportunity to get trained in various business models, which according to them, will directly impact the progress of their businesses.

Now in its fourth year, the Forum marked the graduation of the 2018 cohort of the TEF Entrepreneurship Programme after a rigorous nine-month period of training, mentorship and funding.

The Liberian youthful entrepreneurs committed themselves to making a difference in Liberia through their businesses; this is evident by the fact that they are empowering their fellow Liberians through employment and other capacity building opportunities.

The Vision

Mr. Elumelu believes that entrepreneurship is the key to unlocking economic transformation on the African Continent.

“With such support from his Foundation, African Entrepreneurs can match ambition with their opportunities” said Mr. Tony Elumelu.

The Founder of the Tony Elumelu Foundation (TEF) said investing in African youths drives sustainable economic growth and development.

He said entrepreneurship is helpful to creating employment and eradicating poverty through job creation.

According to him, African youths are restless and energetic to succeed but stressed the need for those in the public and private sectors to augment their effort.

Mr. Elumelu made the remarks at the close of the Foundation’s annual Entrepreneurship Forum in Lagos, Nigeria.

TEF Success Story

Since its inception, TEF has empowered African entrepreneurs across the continent with a $5,000 non-refundable seed grant, a bespoke training programme designed specifically for the African environment and access to a dedicated group of mentors, significantly contributing to economic growth, job creation and revenue generation.

The entrepreneurs are involved with different businesses ranging from Agriculture, Education, Management, hospitality among others.

Established in 2010, the Tony ELumelu Foundation (TEF) is the leading philanthropy in Africa, championing Entrepreneurship and entrepreneurs across the continent.

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.


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