TEF Entrepreneurship Forum 2019

The Largest Gathering of African Entrepreneurs

The Tony Elumelu Foundation Entrepreneurship Forum is the largest gathering of African entrepreneurs and the entrepreneurship community from across Africa.

The event presents a unique opportunity to generate ideas, build intra-African business partnerships, forge networks and bring policymakers and the private sector together, in a spirit of robust debate and interaction.

This dynamic platform is a showcase of the innovation and entrepreneurial potential that exists here in Africa.

The Forum is designed to:


Convene African & global leaders + media to engage with African entrepreneurs who are developing innovative, entrepreneurial solutions to Africa’s economic challenges and to change the African narrative.


Influence policymakers and the international development community to recognize and embrace entrepreneurship as a new model for the development of Africa.


Shape the local, national, regional and global agenda for the growth of African entrepreneurs through public and private cooperation.

Now in its 5th edition, the TEF Entrepreneurship Forum will host over 3,000 attendees as we connect Africa’s most promising entrepreneurs to the thriving investment and entrepreneurial communities in Africa.


The theme for this year’s TEF Entrepreneurship Forum, “Empowering African Entrepreneurs”, demonstrates our conviction that Africa’s private sector and its entrepreneurs have the potential to transform the African continent.

This is encapsulated in Africapitalism—an economic philosophy coined by our Founder, Tony O. Elumelu, CON which says African private sector has the power to transform the continent through long-term investments, creating both economic prosperity and social wealth.

President Felix Tshisekedi

President Felix Tshisekedi

President of Democratic Republic of Congo

Félix Antoine Tshisekedi Tshilombo is a Congolese politician who has been the President of the Democratic Republic of the Congo since 24 January 2019. He is the leader of the Union for Democracy and Social Progress, the oldest and largest party of the Democratic Republic of Congo.

President Macky Sall

President Macky Sall

President of Senegal

President Macky Sall was born on December 11, 1961, in Fatick, the town to which he served as Mayor from 2009 to 2012. From December 2000 to July 2001, he worked as the Chief Executive Officer of the Senegalese National Oil Company (PETROSEN) – where he served as Head of the Database Division for multiple years – as well as Special Advisor to the President in charge of Energy and Mines.

From May 2001 to November 2002, he held the position of Minister of Mines, Energy, and Hydraulics.

From November 2002 to August 2003, he served as Minister of State and Minister of Mines, Energy, and Hydraulics in the government led by Mame Madior Boye.

From August 2003 to April 2004, he was Minister of State, Minister of the Interior and Local Collectivities, and spokesperson of Idrissa Seck’s government. Concurrently, he was appointed

President Sall was Prime Minister for three years from 2004 to 2007, and also acted as President of the Senegalese National Assembly from 2007 to 2008. Elected fourth President of the Republic of Senegal in March of 2012, he took office on April 2, 2012.

President Paul Kagame

President Paul Kagame

President of Rwanda

Paul Kagame is President of the Republic of Rwanda. He served a one-year term as Chairperson of the African Union until February 2019, and has been leading the institutional reform of the African Union since 2016. He is currently the Chairperson of the East African Community (EAC). Beginning in 1990, as commander of the forces of the Rwandan Patriotic Front (RPF), he led the struggle to liberate Rwanda.

Tony O. Elumelu

Tony O. Elumelu

Founder, Tony Elumelu Foundation

Tony O. Elumelu is an investor and philanthropist.

In 2011, he conceived the term Africapitalism, which has catalysed the African entrepreneurial landscape, positioning the private sector as the engine for growth and empowerment, and prioritising social and economic wealth creation.

In 1997, Tony founded Standard Trust Bank, which grew to be the fifth ranked bank in a 90-bank industry, in 8 (eight) years. In 2005, Tony led the merger between Standard Trust Bank and the United Bank for Africa (UBA), which at the time was sub-Saharan Africa ex South Africa’s largest financial services transaction. He became chief executive of the new group, implementing a Pan-African strategy, that created one of Africa’s largest financial services groups.

He serves as the Chairman of the UBA Group, now present in twenty African countries, Paris, London and New York, and the only African bank with a deposit taking presence in the United States.

He is the Founder and Chairman of Heirs Holdings, a family-owned investment company, committed to improving lives and transforming Africa. Heirs Holdings’ portfolio spans the power, oil and gas, financial

services, hospitality, real estate and healthcare sectors, operating in twenty-three countries worldwide. He also chairs Nigeria’s largest quoted conglomerate, Transcorp, whose subsidiaries include Transcorp Power, the largest generator of electricity in Nigeria.

Tony is the most prominent champion of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation, the leading philanthropic organisation empowering African entrepreneurs and promoting entrepreneurship in Africa. The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Foundation’s mission is inspired by Tony’s economic philosophy of Africapitalism.

Tony sits on a number of public and social sector boards, including the international advisory board of the Washington DC based think tank, the Wilson Center, and on the board of UNICEF’s Generation Unlimited. Tony also serves on the Global Advisory Council of the Harvard Kennedy School’s Centre for Public Leadership. He is a member of the World Economic Forum Community of Chai

We have amazing speakers lined up to share their entrepreneurial journey with entrepreneurs at the #TEFforum2019.
Maya Horgan-Famodu

Maya Horgan-Famodu

Founder, Ingressive

Maya Horgan-Famodu is a Nigerian-American committed to promoting entrepreneurship in Sub-Saharan Africa. She is Founder of Ingressive, working with the new generation of African innovators, and supporting their pursuit to scale. Before starting Ingressive, Maya supported global advancement initiatives with Steve Mariotti, Founder of Network for Teaching Entrepreneurship, and then worked in private equity research, consulting with private equity firms, guiding them to targeted insight on market opportunities. In 2015, Maya completed Ingressive’ first private investor tour, #TourOfTech2015. Maya is also a member of Dreamers // Doers, a highly curated community of high-achieving trailblazing women who come together to support each other on their entrepreneurial paths. The community encompasses a diverse mix of female founders, women working at startups, and other female creators, change-makers, and influencers.

Lexi Novitske

Lexi Novitske

Principal Investment Officer at Singularity Investments

Lexi Novitske is the principal investment officer at Singularity Investments. She oversees the firm’s operations in Africa. Singularity invests in visionary entrepreneurs in technology-enabled, early-stage companies in sub-Saharan Africa

Iyin Aboyeji

Iyin Aboyeji

Founder, Flutterwave

Mr. Iyin Aboyeji is the founder of Flutterwave and co-founder of Andela. He is an Advisor at Africa Angels Network. He is a Nigerian serial entrepreneur with several years of experience running social ventures in education technology and publishing. When he was 18, he worked as an intern with the World Youth Alliance in the United Nations Headquarters.

Iddris Sandu

Iddris Sandu

Iddris Sandu is the 21-year-old Ghanaian unconventional tech genius responsible for algorithms that have made Uber, Instagram and Snapchat what they are today. He likes to call himself an ‘architect’, focusing on bridging the divide between the informed and the uninformed. 

Tope Adubi

Tope Adubi

Digital Marketing Manager, TEF

Tope Adubi is a Digital Marketing Expert with over 6 years experience in the digital space. She is currently the Digital Marketing Manager for the Tony Elumelu Foundation, currently the most impactful African-founded and funded philanthropy program, empowering African entrepreneurs. She has been able to add value to the organisation by applying her experience in marketing, digital media, graphic design, search engine optimization and strategy to ensure
consistent increase in the digital footprint of the brand year on year across the 54 African countries.

She has a B.sc in Mass Communication, a Diploma in Digital Marketing from the Chartered Institute of Marketing and is currently taking a HBS course in disruptive strategy.

Leroy Mwasaru

Leroy Mwasaru

CEO, Greenpact

Leroy is a Kenyan social entrepreneur who is mainly involved in renewable energy, e-commerce and human-centered design education. His works have a unique focus on poverty alleviation and socio-economic empowerment.

At the age of 16, when he founded Greenpact, a social enterprise that began as a high school project to provide alternative renewable energy to local communities and institutions in Kenya.

His work with Greenpact has been featured by CNN, The HuffPost, Forbes, UpWorthy, Grist and local media in Kenya. He runs CampBuni, a social enterprise teaching design thinking to high school students and CommCycle, a trade platform to facilitate peer-to-peer trading.

Leroy is a One Young World Ambassador, a Harvard Social Innovation Collaborative Fellow, a Resolution Fellow, the youngest 2016 Tony Elumelu Entrepreneurship Programme fellow and Royal Commonwealth Society Fellow.


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