Africa Netpreneur Prize Initiative officially opens to African entrepreneurs

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The application process for the Africa Netpreneur Prize Initiative (ANPI) is officially open to African entrepreneurs from all countries, sectors and age groups.

The ANPI is a prize competition founded by the Jack Ma Foundation that will award US$10 million and recognize 100 African entrepreneurs over the next 10 years.

The Prize aims to support and inspire the next generation of entrepreneurs who are building a more sustainable and inclusive economy for the future. Every year, 10 finalists will be selected to compete in a finale pitch competition that will be broadcast across the continent. All ten finalists will gain access to the Netpreneur community of African business leaders to leverage the community’s shared expertise, best practice and resources.

Jack Ma, Alibaba Group Executive Chairman first created the prize after he made his first trip to Africa in July 2017 and was inspired by the energy and entrepreneurial potential of the young people he met.

The Prize is open to entrepreneurs from all industries, and Ma especially encouraged those running small businesses, those making a difference in their local communities and female entrepreneurs to apply.

Global leaders Graca Machel, Chair of the Graca Machel Trust Board and Ban Ki-moon, Former UN SecretaryGeneral and Co-chair of the Ban Ki-moon Centre for Global Citizens serve on the ANPI advisory board. The Jack Ma Foundation has teamed up regional partners: Nailab (continental and Eastern Africa), 22 on Sloane (South Africa), Nine (West Africa), and Rise Up (North Africa) to promote the Prize in their respective regions.

The partners will mobilize entrepreneurs across the continent through grassroots outreach. Graca Machel praised the Prize’s inclusive approach and focus on female entrepreneurs.

“I especially encourage powerful women entrepreneurs to apply. It is up to you to be the heroes that will usher the continent into the next stage of development, growth and prosperity. Good luck to all applicants and I look forward to your contributions in taking Africa to higher heights.”

Nailab Founder and CEO Sam Gichuru called for applicants to consider a visionary approach towards creating an all inclusive solutions to the continent’s challenges.

“This is a unique prize that is looking to inspire and reward heroes in both technology-driven and traditional businesses. We hope that all of the applicants will be able to use this opportunity to break through the barriers that have been holding them back.”

Applications will be open online from 27 March to 30 June 2019.

To apply and for more information about the Africa Netpreneur Prize Initiative log on: www.netpreneur.africa

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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