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Anzisha Prize Invites African Entrepreneurs to Compete

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With more than 75 000 USD in prizes Anzisha Prize, one of Africa’s richest youth entrepreneurial competitions and young businesspeople from around the continent, invites African entrepreneurs to compete.  

The prestigious Anzisha Prize (http://www.anzishaprize.org) rewards young African entrepreneurs who are making a difference by transforming their communities. It celebrates initiative and innovation and identifies those who are leading by example and underscores their ability to significantly shape the future of Africa.

The Anzisha Prize is hosted by the African Leadership Academy in partnership with The MasterCard Foundation. There is also a 10 000 US dollars Energy Prize which will be awarded to the applicant who demonstrates ingenuity in developing sustainable renewable energy sources. 

The Prize is open to entrepreneurs from around the African continent aged between 15 and 22.  Entries can be completed online at www.anzishaprize.org - in either English or French - with the closing deadline on April 1, 2013.  Individuals, teachers and organizations are also being called on to nominate young entrepreneurs in their communities.  

Finalists will win an all-expense paid trip to the African Leadership Academy (ALA) in Johannesburg, South Africa, to attend a weeklong entrepreneurship conference and awards gala. While there, they will be taught by the ALA’s renowned Entrepreneurial Leadership faculty as well as experienced business mentors. Winners will share 75,000 US dollars, courtesy of The MasterCard Foundation, and be given networking and learning opportunities to take their projects to the next level.

Twenty-one- year-old Andrew Mupuya of Uganda was announced as the grand prize winner of last year’s Anzisha Prize thanks to his paper bag production company, Youth Entrepreneurial Link Investments (YELI). 

Past winners have included Kenya’s Diana Mong’are who founded recycling company Planet Green and became an evangelist for environmental conservation in her community; Ghana’s Yaw Duffour-Awuah who at the age of 16 launched a micro-lending company which has now grown to a financial services company; and Antoinette Furaha from the Democratic Republic of Congo who began a small micro-credit services company that invests in and empowers young refugee women in Uganda.
 


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BY NEW BUSINESS ETHIOPIA REPORTER

Deloitte, a century old global consulting firm with presence in 154 countries, opens office in Addis Ababa, Ethiopia partnering with a local accountancy and advisory firm, HST.

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BY NEW BUSINESS ETHIOPIA REPORTER
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BY NEW BUSINESS ETHIOPIA REPORTER

Light manufacturing can offer a viable path for Ethiopia and other Sub-Saharan African countries as they transform their economic structure and strive for productive job creation, said World Bank (WB) official.

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BY NEW BUSINESS ETHIOPIA REPORTER

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