Africa Netpreneur Prize Initiative Announces Its Ten Finalists for the $1m Prize

After seven months and nearly 10,000 applications from 50 African countries, Alibaba founder Jack Ma’s Africa Netpreneur Prize Initiative (ANPI) has chosen the ten finalists for the competition‘s grand finale event in Accra, Ghana on November 16th.

The 10 contestants who hail from Egypt, Nigeria, Liberia, Rwanda, and Cote D’Ivoire will make their final pitches to a panel of judges, and the winners will each receive a share of the $1 million prize pool, ANPI said in a statement issued Monday (October 14th).

Africa Netpreneur Prize Initiative
Jack Ma Foundation US$1million Africa Netpreneur Prize Initiative

More details on how to tune the program will be published in the coming weeks.

The four judges are Alibaba’s founder, Jack Ma, Econet’s founder, Strive Masiyiwa, Chairman of First Bank of Nigeria, Ibukun Awosika, and Alibaba executive vice president Joe Tsai.

 

Alibaba’s founder, Jack Ma
Econet’s founder, Strive Masiyiwa
Chairman of First Bank of Nigeria, Ibukun Awosika
Alibaba executive vice president Joe Tsai

The Jack Ma Foundation will hold a one-day summit on the Africa Netpreneur Summit, an invitational conference where African and global entrepreneurs, investors, educators, and leaders will gather to discuss the best ways to foster entrepreneurship and the digital economy on the continent.

Ban Ki-moon, former Secretary-General of the United Nations and co-chair of the Ban Ki-moon Center for the World’s Citizens, will be among the guest speakers at the conference. The conference will be followed by the Africa’s Business Heroes event in the evening.

Commenting in the same statement Jack Ma said: “We launched the Africa Netpreneur Prize Initiative to identify top entrepreneurs from across the continent, not only to reward them but to inspire a whole new generation of potential game changers for Africa.

“I have been inspired by the entrepreneurs I met in Africa, many of whom are dealing with the same challenges we faced when we started Alibaba years ago. I truly believe the potential of Africa’s business heroes is limitless”.

The 10 finalists for the Africa Netpreneur Prize Initiative (ANPI) are:

Waleed Abd El Rahman, CEO, Mumm (Egypt): Mumm is a virtual cafeteria for businesses, harnessing the power of shared economy through technology, cloud kitchens and an online marketplace for home-based entrepreneurial cooks. Waleed is a seasoned entrepreneur with over 12 years in food tech. He is also the former founding managing director of MIT Technology Review-Middle East and a member of the Advisory Committee of the World Economic Forum’s Global Shapers Community.

Ayodeji Arikawe, co-founder, Thrive Agric (Nigeria): Thrive Agric is an agricultural technology-enabled company that works with smallholder farmers to enable them to gain greater access to finance, as well as improve their income and harvest distribution. Today, Thrive Agric works with 22 000 farmers in Nigeria, but the company is aiming to build the largest network of farmers in Africa. They are on a mission to “build an Africa that feeds the world and Itself.” Ayodeji is an accomplished software engineer and serves as both co-founder and CTO for Thrive Agric. The startup was part of Google Launchpad Africa’s first cohort held in 2018.

Temie Giwa-Tubosun, founder and CEO, LifeBank (Nigeria): LifeBank is a medical distribution company that uses data and technology to help health workers discover critical medical products. The company has saved over 5,300 lives in Nigeria. Founder Temie has over 10 years of health-management experience with Department for International Development, the World Health Organization, the UN Development Programme and Lagos State. In 2014, BBC listed her as one of the 100 women changing the world. She was also recognized by Quartz and the World Economic Forum. Earlier this month the startup was selected by African funding platform VC4A as one of 12 companies for its 2019 Series-A Venture Showcase which takes place next month. And in May last year, LifeBank confirmed that it had closed a $200 000 seed round which was led by EchoVC Pan-Africa fund.

Mahmud Johnson, founder and CEO, J-Palm (Liberia): J-Palm Liberia (JPL) was founded with the goal of making premium consumer goods while creating income-earning and employment opportunities through sustainable palm-oil production. When JPL was first founded, palm oil kernels had been going to waste in Liberia, but founder and CEO Mahmud Johnson found a way to innovate productive uses for this overlooked natural resource. Today, JPL has created a range of beauty and clean-energy products, built a robust network of partnerships across the country, and helped to create jobs for hundreds of Liberians. Mahmud holds a degree in economics from Dartmouth College and is a 2017 recipient of the Order of the Star of Africa conferred by the President of Liberia.

Kevine Kagirimpundu, co-founder and CEO, Uzuri K&Y (Rwanda): Uzuri K&Y is an African-inspired eco-friendly shoe brand established in Rwanda. Kagirimpundu is passionate about ending global waste while also leveraging her creativity to create employment opportunities for her community. Uzuri claims it has made a direct impact on more than 750 people through employment and skills training. In addition to obtaining her degree in creative design, she has participated in numerous entrepreneurship programs to enhance her skills in business development. In 2017, she was recognised as the winner of the Made in Rwanda Enterprise of the Year.

Christelle Kwizera, founder, Water Access Rwanda (Rwanda): Water Access Rwanda pioneered Inuma, a Safe Water Microgrid that reclaims broken boreholes and transforms them into state-of-the-art solar-powered water kiosks and pipelines. The water is sold for $1 per every 1000 litres and creates off-farm jobs for youth. Currently, Water Access Rwanda employs 68 people and allows over 47 000 customers to access water daily across 86 stations. Kwizera is a mechanical engineer and was named Inco’s woman entrepreneur of the year in 2019, among other high-profile awards.

Dr Tosan J. Mogbeyiteren, founder, Black Swan (Nigeria): WeMunize by Black Swan Tech Ltd is helping to solve Nigeria’s public-health challenges by deploying automated scheduling, GPS-enabled software-as-a-service that uses a combination of digital record keeping and community engagement to increase birth registration and early childhood immunisations. Black Swan is working with USAID Nigeria to expand WeMunize coverage in northern Nigeria. Tosan is a public-health specialist with more than 13 years of experience in deploying technology to solve development challenges in Nigeria.

Chibuzo Opara, co-founder, DrugStoc (Nigeria): DrugStoc is a cloud-based pharmaceutical IT and logistics platform focused on eliminating counterfeit drugs, expanding access to pharmaceutical products and improving transparency in pricing for healthcare providers and the product supply chain. Chibuzo is a health economist and medical doctor with over 12 years of experience in the health sector. He has worked with the World Health Organization, the World Bank, and the International Finance Corporation. In June the startup announced that it had received an undisclosed amount in investment from Nigerian social innovation fund Growth Capital.

Dr. Omar Sakr, founder and CEO, Nawah-Scientific (Egypt): Nawah-Scientific is the first private research centre in the MENA region focused on natural and biomedical sciences that offer analytical and scientific services online and on-demand. Dr. Sakr has 13 years of pharmaceutical experience, has worked as an adjunct assistant professor of entrepreneurship at Zewail City of Science and Technology, and holds scientific and business awards for innovative product design.

Moulaye Taboure, co-founder and CEO, Afrikrea (Cote D’Ivoire): Afrikrea.com is the leading “Made of Africa” fashion, art and handicraft online marketplace. The marketplace has processed more than $4-million in sales across 101 countries and supports merchants from all over the world. After growing up in Mali and working for companies like PricewaterhouseCoopers and Alstom, Moulaye now dedicates his time to building the global infrastructure for the African culture.

Read more: Tony Elumelu Foundation Opens Applications For 2019 Entrepreneurship Programme

Read more: Alibaba Launches Training Program For Rwandan Students to Learn Cross-Border E-Commerce

Featured image: Africa Netpreneur Prize Initiative 2019 finalists (Supplied)

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