LAGOS, Nigeria, November 3, 2016 /PRNewswire/ -- Foundation Convenes Entrepreneurs & Announces Partnerships With AFDB, Ecowas, The Coca-Cola Africa Foundaton & Nigerian Ministry of InformationOctober 28-29, The Tony Elumelu Foundation (TEF) convened nearly 1,000 entrepreneurs from 54 African countries during the 2nd TEF Entrepreneurship Forum - the largest gathering of African entrepreneurs in the world. (Photo: http://photos.prnewswire.com/prnh/20161103/436023 ) The Forum celebrated the 2016 cohort of entrepreneurs, selected from over 45,000 applicants and was the highlight of the 2016 TEF Entrepreneurship Programme. It allowed African policymakers and business leaders to support the Foundation's $100 million commitment to empower 10,000 African entrepreneurs in 10 years. His Excellency Ernest Bai Koroma, President of Sierra Leone said, "it's a genuinely innovative approach to African philanthropy - an African offering African solutions. Other philanthropists will be inspired to support and promote this philosophy. Even when we had Ebola in Sierra Leone, Tony was there. His is an example which other successful Africans must follow," he said. TEF Founder Tony O.Elumelu said, "I salute those here - our ambition is that you become ambassadors for entrepreneurship in Africa. You are a generation of wealth creators who share our commitment to the transformation of Africa. Momar Mass-Taal turned his first $5,000 seed capital from the Foundation into a $1.2 million revenue business. We will have many more of these." The two-day forum buzzed with energy as entrepreneurs shared and gained knowledge, built cross-border partnerships, and connected with policymakers, fostering intra-African innovation and collaboration.