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Tony Elumelu Foundation Hosts Historic Bootcamp for 1,000 Emerging African Entrepreneurs From 51 African Countries in Ota, Nigeria

As part of Tony Elumelu's $100 million commitment to empowering African entrepreneurs, 1,000 Tony Elumelu Entrepreneurs, representing 51 African countries from the Tony Elumelu Entrepreneurship Programme (TEEP) Class of 2015, converged near Lagos, Nigeria for an intensive two-day bootcamp session, an unprecedented gathering of emerging African entrepreneurs, from 10-12 July, 2015.

The entrepreneurs traveled from across the continent – from as far as Madagascar and Morocco – and convened in Ota, Nigeria for an entrepreneurship bootcamp made up of interactive sessions with successful entrepreneurs, political and business leaders, and an open mic session with the Founder, Tony O. Elumelu CON.

Gambian Badje Modou Lamin, whose business is in the agricultural sector, said, "The bootcamp has been a great experience. I have been able to exchange ideas with a number of entrepreneurs. This has really changed my perspective on Africa."

Maalainine Mohamed Bouya, from Morocco, said: "The bootcamp has been a blast! Right from our journey from the airport down to the bootcamp, we have been discussing and sharing ideas among ourselves. Africa has huge potential."

Nigerian Obinna Chukwu, said: "The bootcamp has been a wonderful experience – I have met people from all over Africa. It makes me proud of being a Nigerian. I thank Tony Elumelu and the Tony Elumelu Foundation for making this happen."

Mr. Elumelu, the Chairman of Heirs Holdings, spoke on his life experiences and the principles that he learned from mentors, such as Chief Ebitimi Banigo, that he applied towards his own successful entrepreneurship journey. He answered an array of questions during a two-hour question-and-answer session, offering perspective on innovation, strategy, governance, financial management and decision-making.

He said: "Entrepreneurship is not a short-term journey and I am pleased that we can help these emerging leaders, as they seek to join me in transforming Africa. My commitment towards creating a thousand new entrepreneurs who can change Africa forever, has now become a reality. This is only the beginning."

Vice President of Nigeria Professor Yemi Osinbajo, GCON, welcomed the entrepreneurs from across Africa and called on them to take advantage of the networks built in Ota to develop pan African investment and trade networks. According to Vice President Osinbajo, "This programme deserves all the commendation it is getting. Tony Elumelu has courageously put his money where his mouth is. Societies can't develop without social entrepreneurs. I charge you to be little Elumelus and create opportunities for others."

The Vice President was joined by other senior political leaders including Kaduna Governor Nasiru El Rufai, and Lionel Zinsou, the Prime Minister of Benin Republic.

Other speakers included Parminder Vir, OBE, CEO of the Tony Elumelu Foundation; Mo Abudu, Founder/CEO of Ebony Life TV; Nollywood screen icon Omotola Jalade-Ekeinde; Nimi Akinkugbe, CEO, Bestman Games; Rasheed Olaoluwa, CEO of the Bank of Industry; former SEC DG Arunma Oteh; inspirational coach Lanre Olusola; Martin Eigbike, Accenture Development Partnerships; governance expert Angela Aneke; playwright and producer Adewale Ajadi; Sam Nwanze, the Heirs Holdings Director of Finance and Investments; and David Rice, Director of the Africapitalism Institute.

The Tony Elumelu Entrepreneurs of the TEEP Class of 2015 represent 51 African countries and territories. They cover all of Africa's geopolitical regions - CONTINUE TO THE FULL STORY

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Comment by Zhana on July 15, 2015 at 4:06am

This is a wonderful initiative.  And we need more communication and co-operation between business owners on the Continent and in the Diaspora. 


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