A Nigerian Entrepreneur has won the maiden annual Africa Netpreneur Prize Initiative organized by the Jack Ma Foundation in Accra.
Temie Giwa-Tubosun, the founder and CEO, LifeBank from Nigeria won $250,000 while Omar Sakr, founder and CEO, Nawah-Scientific from Egypt placed second with a cash reward of $150,000
Christelle Kwizera, founder, Water Access Rwanda from Rwanda, was adjudged the third best, winning $100,000.
Christelle Kwizera, founder, Water Access Rwanda (Rwanda) – Third Place, winning $100,000
“It was an incredible honor to be named Africa’s Business Hero. I was truly inspired by my fellow winners at today’s Netpreneur Summit.
The Africa Netpreneur Prize will give me the resources to grow LifeBank and expand our presence in Nigeria and throughout the rest of Africa. I look forward to continuing my journey to solve problems and make a significant impact on the future of Africa,” said Temie Giwa-Tubosun, Founder and CEO of LifeBank.
The remaining finalists, who each received $65,000, are listed below:
- Waleed Abd El Rahman, CEO, Mumm (Egypt)
- Ayodeji Arikawe, co-founder, Thrive Agric (Nigeria)
- Mahmud Johnson, founder and CEO, J-Palm (Liberia)
- Kevine Kagirimpundu, co-founder and CEO, UZURI K&Y (Rwanda)
- Tosan J. Mogbeyiteren, founder, Black Swan (Nigeria)
- Chibuzo Opara, co-founder, DrugStoc (Nigeria)
- Moulaye Taboure, co-founder and CEO, Afrikrea (Cote D’Ivoire)
“The finalists who competed in ‘Africa’s Business Heroes’ should be an inspiration for Africa and for the world. Each of these entrepreneurs looked at big challenges facing their communities, and saw them as opportunities,” said Jack Ma, Founder of the Alibaba Group and Jack Ma Foundation. “It is my strong belief that entrepreneur heroes, like these finalists, will change the world – creating companies that drive inclusive growth and opportunity for the continent. Everyone is a winner tonight.”
This competition demonstrates the overwhelming entrepreneurial talent that exists across Africa. I’m very excited about the future of industry and entrepreneurship for this continent,” said Strive Masiyiwa, Founder and Executive Chairman of Econet Group. “The top 10 truly show the limitless potential of African business.”
“What really struck me about the finalists was that they each addressed specific African problems with a specific African solution in a fresh way, leveraging technology that wasn’t available previously,” said Ibukun Awosika, Chairman of First Bank of Nigeria and Founder/CEO of The Chair Centre Group. “If this is an indication of the future of entrepreneurship on the continent, then Africa’s future looks bright.”
“Africa’s Business Heroes” will be televised in a two-hour special throughout Africa. The journeys of the finalists as well as their pitches and business insights from the judges will all be included in this exciting television event.
The initiative will host a pitch competition where 10 finalists from across the continent will compete for $1 million in total prize money every year through 2028. All entrepreneurs across Africa, are encouraged to apply. Entries for next year’s prize will open in the first half of 2020.
BINNABOOK PUBLISHERS
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