Apply for the 6th Edition of Africa’s Business Heroes Prize Competition
The Africa’s Business Heroes (ABH) Prize Competition has begun its sixth annual Africa’s Entrepreneurial Competition, which aims to identify ten extraordinary entrepreneurs who are working to make a good difference in their communities.
As ABH approaches its sixth year, it invites entrepreneurs from around Africa to pitch on the continent’s largest entrepreneurial platform. ABH encourages applicants from all 54 countries, all economic sectors, and all ages and genders to submit their applications in either 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.
Since its start in 2019, ABH has highlighted and supported some of Africa’s best entrepreneurs. The ABH top ten finalists (heroes) in the last five years: produced 123,000 direct and indirect jobs in Africa, served over 37.5 million consumers in Africa and beyond, raised more than US$153 million (excluding debt raises), and operated in 52 African nations.
The ABH Prize Competition has so far attracted approximately 100,000 entrepreneurs. Last year’s winners were picked from 27,267 candidates from various industries, including agriculture, education and training, energy, financial services, healthcare, manufacturing, and retail. The competition culminated in the Grand Finale, where the top ten finalists took to Africa’s largest augmented reality-powered stage to pitch their businesses to a panel of prestigious judges.
Dr. Ikpeme Neto, CEO and Founder of Wellahealth Technologies, ABH 2023 First Prize Winner, states, “Participating in the ABH Prize Competition has been a transformative experience for Wellahealth Technologies, profoundly impacting our journey as a startup.” ABH not only gave us with financial help, but also unrivaled chances for entrepreneurship training, networking, and visibility. I urge fellow African entrepreneurs to take advantage of this great opportunity to reap a slew of benefits that will help your businesses expand and succeed.”
WellaHealth offers affordable healthcare insurance starting at less than a $1 per month to cover common ailments administered by pharmacies and remote doctors.
The company currently serves over 300,000 people and hopes to reach one million within 18 months and ten million during the next five years, expanding its services to Nigeria and throughout Africa.
ABH is continually looking for new and effective ways to help participating entrepreneurs take their enterprises to the next level. As in past years, the path to this year’s Grand Finale will include access to a network of business leaders, innovators, industry experts, and investors, as well as multi-disciplinary boot camps and training sessions.
Along with essential benefits like as training, exposure, and networking opportunities, the top ten finalists will compete for a grant worth US$1.5 million.
To improve engagement with entrepreneurs and application processes, ABH will hold a series of roadshows in several countries this year, including Cameroon, Cote d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, and Zambia.
These events will be held in partnership with local entrepreneur organizations and ABH community members. Participants will acquire vital insights into the ABH project while also increasing their chances of success in the competition. Further information about the roadshows and information sessions will be given through ABH’s official
The application form can be accessed for free on ABH’s official website (https://AfricaBusinessHeroes.org/) starting today.
