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 travelled 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 – North, East, Southern, Central and West Africa –
and major language blocs – Anglophone, Francophone, Lusophone, and Arabic
Africa – as well as every state in Nigeria. They represent a diversity of
sectors that range from agriculture to education to energy, fashion and
ICT, emphasising Africa’s potential.
In his goodwill message to the visiting Tony Elumelu Entrepreneurs,
Nigerian President Muhammadu Buhari, GCFR wrote, “I am proud that Nigeria
(and a Nigerian) is taking the lead in this effort to promote self-worth,
encourage entrepreneurship, create jobs, build and promote networks for
intra-African trade, business collaboration and investment. Our
Administration is committed to unlocking all such opportunities to restore
dignity to our people. This programme is one example I hope others will
emulate and I commend Tony Elumelu and his Foundation for their endeavor
and leadership in this area. ”
As he closed the bootcamp, Mr Elumelu challenged all the entrepreneurs by
saying, “I want to go to Zambia when I am 80 years old and meet someone
who shows me their manufacturing business or financial institution and
tells me that it was built starting with $10k from Tony Elumelu. That’s
what this is about and that’s what you owe me.” He added, “The return I
want from this $100 million investment is your success, because your
success is Africa’s success.”
After the bootcamp, the Tony Elumelu Entrepreneurship Programme will focus
on providing the seed capital and support for the entrepreneurs to put
into practice the knowledge gained from the bootcamp and the 12 weeks of
training carried out prior to the event. It will also continue to foster
increased collaboration between them and the rest of the Tony Elumelu
Entrepreneurship Network as it seeks to promote cross-border trade within
the continent. The application portal will re-open on January 1, 2016 for
emerging entrepreneurs across Africa to compete for places in the TEEP
Class of 2016.
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