“Entrepreneurship Is Key To Unlocking Economic Development In Africa,” Says Tony Elumelu At TEF Forum

County News

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

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

This Entrepreneurship Forum, Africa’s largest gathering of African Entrepreneurs, brought together more than 1,000 young people from across Africa including Liberia to formulate a roadmap that will lead to a robust public-private partnership.

It is sponsored by the United Bank for Africa (UBA) through its entrepreneurship-support project.

Also speaking at the forum, Ghanaian President, Nana Akufo-Addo, challenged African governments to encourage entrepreneurship, creativity and innovation amongst young people in Africa.

President Akufo said good governance and economic stability are the building blocks to boost the economy of Africa.

Meanwhile, ten Liberian Entrepreneurs have returned to the Country after participating in the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum in Lagos, Nigeria.

The TEF Entrepreneurship Forum is Africa’s largest gathering of young and energetic business people from across the continent.
It is sponsored by the United Bank for Africa (UBA) through its entrepreneurship support project to sustain business startups.

The ten Liberians were trained and mentored by the Foundation along with their colleagues from across Africa in entrepreneurship and business strategy.

They are involved in Agribusiness, tourism and management among others.

Speaking to reporters before their return to the Country, the Liberian entrepreneurs thanked the Tony Elumelu Foundation and UBA for the opportunity given them to attend the event.

They promised to use the knowledge wisely and the financial support to skill up their investment and expand their businesses.

Credit: Varflay Kamara

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