The Africa’s Business Heroes (ABH) Award Competition 2022 (www.AfricaBusinessHeroes.org), a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy now in its fourth edition, has announced this year’s top 10 finalists after of an intense round of commercial launch semi-finals and evaluation held on September 30 at the Kigali Convention Center.
The top 10 finalists include (in alphabetical order, by country): Mr Flavien Kouatcha Simo, Managing Partner of Save Our Agriculture Sarl (Cameroon) (https://www.SaveOurAgriculture.com) Ms Amena Elsaie, Co-Founder of Helm Consulting (Egypt) (https://www.HelmConsult.com) Ms. Nadia Gamal El Din, Founder and CEO of Rahet Bally (Egypt) (https://RahetBally.com) Mr. Amadou Daffe, CEO and Co-Founder of Gebeya Inc. (Ethiopia) (https://Gebeya.com) Mr. Prince Agbata, Co-Founder and CEO of Coliba Waste Management Services Limited (Ghana) (https://bit.ly/3Rzjrxs) Mr. Tesh Mbaabu, Co-Founder and CEO of Marketforce Technologies (Kenya) (https://Marketforce360.com) Ms Francine Munyaneza, Founder of Munyax Eco (Rwanda) (https://www.MunyaxEco.com) Ms Shona Mcdonald, Founder and CEO of Shonaquip Social Enterprise (South Africa) (https://ShonaquipSE.org.za) Ms. Elmarie Pereira, Chief Operating Officer, Co-Founder and Chief Executive Officer terina from Memeza Shout (PTY) Ltd (South Africa) (https://Memeza.
co.za) Mr. Elia Timotheo, Founder and CEO of East Africa Fruits Co. (Tanzania) (https://www.EAFruits.com) The result was announced at a gala dinner on October 1 before an audience of about 100 attendees.
from across the African continent, made up of current and past ABH participants, judges, investors and other key stakeholders in the African business landscape.
These top 10 finalists will take the stage at the grand finale of the competition in November 2022 for their final entry to win a share of a $1.5 million prize pool.
The first prize winner will go home with a $300,000 grant to help grow their business.
The 10 entrepreneurs were selected through multiple stages of interviews and evaluations from more than 21,000 applications in 54 African nations.
They hail from eight African countries, including Cameron, Egypt, Ethiopia, Ghana, Kenya, Rwanda, South Africa and Tanzania.
Its startups come from a wide variety of industries, including agriculture, consulting, energy, environmental protection, healthcare, information and communication technology (ICT), and retail.
These outstanding entrepreneurs share a common trait of having a deep commitment to creating positive impact in their communities, such as empowering disadvantaged groups, increasing access to digital trade for businesses in Africa, and leveraging technology to improve agricultural efficiency.
of small farmers.
“ABH remains steadfast in its efforts to identify, support and spotlight African entrepreneurs who are driving positive growth for their communities.
Now in the fourth year of the ABH competition, we are impressed with the growing diversity of our entrants and the impact they are having, especially in supporting the post-pandemic economic recovery.
These top 10 finalists are sources of inspiration for other entrepreneurs in Africa,” says Jason Pau, Executive Director of International Programs at the Jack Ma Foundation.
“We wish everyone the best of luck for the final launch in November.” “Entrepreneurship is a great engine for social and economic development in Africa.
The ABH Award Competition provides a platform for outstanding startups to showcase specific solutions that address problems in an impactful, competitive, sustainable and value-added way.
This year’s heroes, like in other years, continued to demonstrate the resilience, passion, imagination and traction we need in our entrepreneurs here in Africa,” says Birame Sock, Founder and CEO of Kwely Inc, one of the judges.
in the semifinal round.
Along with unveiling the top 10 finalists in this year’s competition, ABH also announced the launch of a local team in Kigali to better serve and engage its growing community of African entrepreneurs of over 100,000 members.
“As ABH enters its fourth year, we are humbled by the incredible support from African entrepreneurs and key stakeholders who have made it possible for our ABH community to reach its current scale,” says Zahra Baitie-Boateng, Director of Partnerships and Africa’s Business Heroes Award Contest programs.
“Now, with our base in Kigali, a city brimming with vitality and innovation, we are closer than ever to the African entrepreneurs we serve and better positioned to help create a cohesive local community of start-ups by leveraging our global network and our experience.
We are particularly excited to be located in Norrsken House, which is home to a vibrant ecosystem of incubators, accelerators and start-ups.
We believe that being part of Norrsken will help strengthen our efforts to collaborate with key stakeholders in the African business ecosystem.”
The ABH Prize Competition aims to identify, support and empower business talent from across Africa.
The official slogan of The “It’s African Time” competition is a bold call to action for all African entrepreneurs who are challenging the stereotypes associated with “African Time”: creating local impact and building a better, more inclusive future through their businesses.
For more information on the 2022 ABH Prize Contest Top 10 Finalists, visit the official ABH website (www.AfricaBusinessHeroes.org) Follow ABH on Twitter (https://bit.ly/3CqDNUf), LinkedIn ( https://bit.ly/3yfWkB7), Instagram (https://bit.ly/3fuWNsE) or Facebook (https://bit.ly/3fzFKFT) to join these dynamic and inspiring entrepreneurs as they prepare for the next round of evaluation and the grand finale.