50 finalists selected for 2024 Africa’s Business Heroes competition

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Fifty finalists have been selected as finalists for the fifth edition of the Africa’s Business Heroes initiative, a philanthropic programme to support African entrepreneurs.

The Africa’s Business Heroes (ABH) competition is a philanthropic programme supported by the Jack Ma Foundation and Alibaba Philanthropy to honour and elevate African entrepreneurs.

Each year since 2019, ABH awards a total grant of US$1.5 million to 10 deserving entrepreneurs, and also provides significant exposure, training, mentorship and networking opportunities.

After receiving around 20,000 applications from all 54 African countries, 50 finalists have now been selected for this year’s edition.

“Over the past five years, the ABH Prize competition has seen growth and increased participation from critical demographics, reflecting our commitment to inclusivity. This year, we are thrilled to recognise the exceptional talent and potential of the top 50 finalists, who embody the diverse entrepreneurial spirit of our continent,” said Zahra Baitie-Boateng, managing director for Africa at Africa’s Business Heroes Initiative.  

“As these entrepreneurs lead the way toward a brighter future for Africa and beyond, we’re proud to highlight their innovative achievements. At the same time, we look forward to the continued impact of ABH in empowering African entrepreneurs and driving positive change across the continent.” 

For details about this year’s 2024 ABH top 50 participants, go here.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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