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Applications Open for the Sixth Edition of Africa’s Business Heroes Prize Competition

The Africa’s Business Heroes (ABH) Prize Competition has launched its sixth annual edition of Africa’s  Entrepreneurial Competition which seeks to select 10 exceptional entrepreneurs who are striving to make a positive impact in their local communities.

As ABH enters its sixth year, it is calling on entrepreneurs across Africa to pitch on the biggest entrepreneurial stage in the continent. ABH encourages applicants from all 54 countries, from all business sectors, of all ages and genders, to submit their applications in English or French.

“Over the past five years, we’ve had the privilege of witnessing the incredible growth of our Heroes. Many of our Heroes have leveraged the grant funds to expand their geographic footprint, hire talent, grow their operations and invest in new products and services. It’s been heart-warming to see our Heroes collaborate with each other and to tap into the ABH network of judges and experts. We are motivated to continue to play our part in supporting the African entrepreneurial ecosystem. We are calling on all eligible African entrepreneurs who are creating positive impact to join us in this journey!” says Zahra Baitie, Head of Partnerships & Programs, Africa’s Business Heroes.

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Since its inception in 2019, ABH has spotlighted and supported some of Africa’s brightest entrepreneurial minds. The ABH top 10 finalists (Heroes) over the last five years: created 123,000 direct and indirect jobs in Africa, served over 37.5 million customers in Africa and beyond, raised over US$153 million (not counting debt raises) and operated in 52 African countries

To date, nearly 100,000 entrepreneurs have participated in the ABH Prize Competition. Last year’s winners were chosen from 27,267 applicants from sectors spanning agriculture, education and training, energy, financial services, healthcare, manufacturing, and retail. The competition cumulated in the Grand Finale, where the top 10 finalists mounted Africa’s largest augmented reality-powered stage to present their businesses to a panel of esteemed judges.

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Dr. Ikpeme Neto, CEO and Founder of Wellahealth Technologies, ABH 2023 First Prize Winner says: “Participating in the ABH Prize Competition has been a transformative experience for Wellahealth Technologies, profoundly impacting our journey as a startup. ABH not only provided us with financial assistance but also offered unparalleled opportunities for entrepreneurship training, networking, and exposure. I urge fellow entrepreneurs across Africa to seize this extraordinary opportunity to enjoy a wealth of benefits that can catalyze growth and success for your ventures.”

WellaHealth which provides affordable healthcare plans that start at less than a dollar a month to cover care common conditions delivered via pharmacies and remote doctors. The company serves over 300,000 individuals and is aiming to reach one million within 18 months and expand to 10 million within the next five years, extending its services in Nigeria and throughout Africa.

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ABH constantly explores effective ways to help the participating entrepreneurs take their businesses to the next level. As with previous years, the journey to this year’s Grand Finale will also include access to a community of business leaders, innovators, industry experts and investors as well as multi-disciplinary boot camps and training sessions.

Along with invaluable benefits such as training, exposure and networking opportunities, the top 10 finalists will also compete for their share of US$1.5 million in grant money.

To better facilitate the engagement with entrepreneurs and facilitate applications, this year ABH will organize a series of roadshows in multiple countries, including Cameroon, Cote d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania and Zambia.

These events will be conducted in collaboration with local entrepreneur organizations and ABH community members. Participants will gain valuable insights into the ABH initiative as well as enhance their chances of success in the competition. Further details regarding the roadshows and information sessions will be disseminated via ABH’s official

The application form can be accessed for free on ABH’s official website (https://AfricaBusinessHeroes.org/) starting today.

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Milcah Lukhanyu
Milcah Lukhanyuhttps://techmoran.com
I cover tech news across Africa. Drop me an email at [email protected]

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