Jack Ma Foundation launches 2nd edition of “Africa’s Business Heroes”

The Jack Ma Foundation has this week launched the second edition of the “Africa’s Business Heroes” (ABH), a prize competition aimed at identifying, supporting and inspiring the next generation of African entrepreneurs who are making a difference in their local communities. 

ABH, a show organised by the Africa Netpreneur Prize Initiative (ANPI), also seeks to reward African entrepreneurs who are working to solve the most pressing problems, and building a more sustainable and inclusive economy for the future.

The competition is now open to African entrepreneurs from all 54 African countries, and the organisers are calling on every sector, age group and gender to send in applications in French or English.

Applications will be open online from 6 April to 9 June 2020, with the semi-finalists announced in August, and the top 10 finalists for 2020 unveiled in September.

Ten finalists will be selected to compete in a finale pitch competition show that will be broadcast online and across the continent, the organisers said.

At this year’s grand finale, all the 10 finalists will share a prize pool of US$1.5 million, up from $1 million last year, as well as gain access to the ANPI community of business leaders. Gaining access to this prestigious group will help leverage the community’s shared expertise, best practice, training and resources.

“We find ourselves in unprecedented and extraordinary times. Now, more than ever, we need entrepreneurs with courage, initiative, and vision to do what they do best – solve problems for society,” Jason Pau, Senior Advisor for International Programmes at Jack Ma Foundation, said in a statement.

“With this prize competition, we are looking to inspire and reward African business heroes in all sectors and encourage any aspiring applicants to seize this opportunity to break through barriers and create hope for the future,” Pau added.



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