The Jack Ma Foundation has awarding US$1 million in prize money to 10 entrepreneurs from across the continent at an event hosted in Accra dubbed Africa Netpreneur Prize Initiative (ANPI).
The Africa Netpreneur Prize Initiative is a flagship initiative of the Jack Ma Foundation, created by Jack Ma, Co-founder of Alibaba, after his first trip to Africa in 2017. The aim of the prize is to support and inspire the next generation of African entrepreneurs who are building a more sustainable and inclusive economy for the future. In its inaugural year, nearly 10,000 entrepreneurs from 50 countries across the continent applied. The Jack Ma Foundation has committed to running the competition for 10 years.
The top three entrepreneurs
Each finalist is receiving a share of $1 million. The top three finalists were Temie Giwa-Tubosun, founder and CEO, LifeBank (Nigeria) – First Place, winning $250,000; second prize, Dr. Omar Sakr, Founder and CEO, Nawah-Scientific (Egypt), winning US$150,000; and Christelle Kwizera, Founder, Water Access Rwanda (Rwanda) winning third place US$100,000. The remaining finalists, all each received US$65,000.
Commenting on the award, CEO of LifeBank, Temie Giwa-Tubosun, said the prize will give her the resources to grow her business and expand their presence in Nigeria and throughout the rest of Africa. “I look forward to continuing my journey to solve problems and make a significant impact on the future of Africa.”
Congratulating the finalists, Jack Ma said: “The finalists who competed in Africa’s Business Heroes should be an inspiration for Africa and for the world. Each of these entrepreneurs looked at big challenges facing their communities, and saw them as opportunities. It is my strong belief that entrepreneur heroes, like these finalists, will change the world – creating companies that drive inclusive growth and opportunity for the continent. Everyone is a winner tonight.”
Green Views offers our congratulations to the entrepreneurs and we encourage them to rise to the top and make the African continent great.