The fifth iteration of the Africa’s Business Heroes initiative, a charitable program to assist African entrepreneurs, has chosen fifty finalists.
The Jack Ma Foundation and Alibaba Philanthropy are supporting the Africa’s Business Heroes (ABH) competition, a charitable initiative that honors and elevates African entrepreneurs.
Since 2019, ABH has given 10 worthy entrepreneurs a total grant of US$1.5 million annually. In addition, the organization offers substantial exposure, mentoring, training, and networking opportunities.
Approximately 20,000 applications from all 54 African nations were received, and 50 finalists have now been chosen for this year’s competition.
“Over the past five years, the ABH Prize competition has seen growth and increased participation from critical demographics, reflecting our commitment to inclusivity. This year, we are thrilled to recognise the exceptional talent and potential of the top 50 finalists, who embody the diverse entrepreneurial spirit of our continent,” said Zahra Baitie-Boateng, managing director for Africa at Africa’s Business Heroes Initiative.
“As these entrepreneurs lead the way toward a brighter future for Africa and beyond, we’re proud to highlight their innovative achievements. At the same time, we look forward to the continued impact of ABH in empowering African entrepreneurs and driving positive change across the continent.”
