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TEFConnect: Platform For Africa’s Entrepreneurship Ecosystem

The world’s largest digital platform for African entrepreneurs was launched during the 4th TEF Entrepreneurship Forum in Lagos-Nigeria, October 25, 2018.

African entrepreneurs, innovators, mentors, policy makers and other actors of the entrepreneurship ecosystem on the continent now have one meeting point - TEFConnect. The digital platform, which stands as the largest platform for African entrepreneurs across the globe, was launched in Lagos – Nigeria, Thursday October 25, 2018, during the fourth edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum. According to the Chief Executive Officer of TEF, Parminder VirObe, TEFConnect is an open source platform, which will provide bespoke tools and content to catalyse business development for millions across the continent, through technology and directly applicable content.

“The Tony Elumelu Foundation is simply about empowering African entrepreneurs. First, we launched the TEF Entrepreneurship Programme, to provide 10,000 African entrepreneurs, over a period of 10 years with seed capital, mentorship and training. Next, we convened the full entrepreneurial ecosystem at the TEF Forum to foment engagement and deliberate discussions to change the narrative of Africa. Now, we are scaling our impact by connecting African entrepreneurship ecosystem on a single platform,” Parminder said. Described as the “Facebook for African Entrepreneurs”, the TEFConnect platform is a contemporary, intuitive, informative and user-friendly go-to entrepreneurship space, that provides five specific benefits to its users. Amongst its features are the one-stop digital home for entrepreneurship ecosystem players, including entrepreneurs, incubators, investors, academia and the private sector, providing news, informative resources, entrepreneurship events and opportunities.

The platform also allows African entrepreneurs to transact across countries and regions in Africa’s largest digital marketplace, with traffic reaching millions of consumers. In addition, it gives access to free business tools such as financial planning calculators, business plan generators and marketing templates as well as access to the TEF entrepreneurship programme application form, enterprise toolkit and business mentoring by global business leaders. Moreover, the platform enables entrepreneurs to promote their businesses to potential investors and other entrepreneurs for cross-border collaboration. “This year we are broadening our scope, taking the conversation to where interaction is increasingly occurring – the digital realm,” Tony O. Elumelu, Founder of TEF said..

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