the prize will select 10 finalists to pitch for a share of an overall prize pool of US$1.5 million, up from $1 million last year.
“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. 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,” said Jason Pau, senior advisor for international programmes at the Jack Ma Foundation.
This year, the foundation will work with a select group of Anchor Partners, including Ashesi, Dalberg, Janngo and RiseUp to identify and support African entrepreneurs.