Applications are now open for the 2024 cohort of the Africa’s Business Heroes (ABH) Prize Competition in continuation of its sixth annual continental search for 10 entrepreneurs who strive to make a positive impact in their local communities.
Zahra Baitie, Head of Partnerships & Programs, Africa’s Business Heroes, who made the announcement, said since its inception in 2019, ABH had spotlighted and supported some of Africa’s brightest entrepreneurial minds, noting that this year’s edition would be no different.
In a statement on Monday, Baitie noted that the ABH top 10 finalists also known as “Heroes” have, over the last five years, created 123,000 direct and indirect jobs in Africa, while serving over 37.5 million customers in Africa and beyond and have raised over $153 million.
“As ABH enters its sixth year, it is calling on entrepreneurs across Africa to pitch on the biggest entrepreneurial stage in the continent,” he said.
“Applications are open to entrepreneurs from all 54 countries, from all business sectors, of all ages and genders.
“Along with invaluable benefits such as training, exposure and networking opportunities, the top 10 finalists will also compete for their share of $1.5 million in grant money.
“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!”
Baitie added that applications for the ABH 2024 are open from until May 19, with the top 50 finalists to be announced in July.
The final winners will be unveiled at the Grand Finale in November, Baitie concluded.