Africa’s Business Heroes (ABH), the Jack Ma Foundation’s flagship philanthropic initiative, invites exceptional African entrepreneurs to apply for its annual Prize competition. This transformative programme showcases local talent driving positive community impact while inspiring a continent-wide movement of entrepreneurship. Over a ten-year period, ABH aims to recognize 100 African entrepreneurs with grant funding, training, and ecosystem support.
Prize Structure and Funding Opportunities
Each year, ten outstanding finalists compete for a share of USD $1.5 million in grant funding. The prize distribution includes:
- Top Winner: USD $300,000
- First Runner-up: USD $250,000
- Second Runner-up: USD $150,000
- Remaining Seven Finalists: USD $100,000 each
- Additional USD $100,000 allocated for global immersion training
Eligibility Criteria for Applicants
To qualify for the ABH competition, applicants must:
- Be the founder or co-founder of the business
- Hold African citizenship or be a direct descendant of an African citizen
- Have a company registered, headquartered, and primarily operating in an African country
- Demonstrate at least three years of revenue and proven market traction
- Submit applications in English or French
Exclusive Benefits for Finalists
Beyond funding, ABH finalists receive comprehensive support including:
- One-on-one mentorship from global business leaders and industry experts
- Tailored training in financial management, marketing, IP law, and investment readiness
- Global recognition through press coverage, social media campaigns, and media features
- Lifetime access to the ABH Community—an exclusive network of entrepreneurs, investors, and mentors
- Valuable feedback and storytelling guidance throughout the application journey
Application Process and Timeline
Applications are open to entrepreneurs across all African countries, sectors, and age groups. The selection process identifies ten finalists who advance to the Grand Finale pitch competition, showcasing their ventures to business legends and potential investors.
Related opportunity: BRICS Women’s Startups Contest 2026 | Apply Now
Resources and Registration Portal
Learn More:
Apply Now:
Closing Date: 28 April 2026
This is a transformative opportunity for African entrepreneurs to access capital, gain global exposure, and join a powerful network dedicated to building a more sustainable and inclusive economy across the continent.
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