Opportunities open for young African entrepreneurs who enter for the prestigious Anzisha prize entrepreneurical competition to win more than $75,000 in cash
| By Maureen Chigbo | Mar. 25, 2013 @ 01:00 GMT
YOUNG African entrepreneurs, who are making a difference by transforming their communities, can win mouth-watering prizes of more than $75 000. The award is one of Africa’s richest youth entrepreneurial competitions which young business people from around the continent are encouraged to enter. The prestigious Anzisha Prize rewards celebrate initiative and innovation and identify those who are leading by examples as well as underscore their ability to significantly shape the future of Africa.
The Anzisha Prize is hosted by African Leadership Academy, in partnership with MasterCard Foundation. There is also a $10 000 energy prize which will be awarded to the applicant who demonstrates ingenuity in developing sustainable renewable energy sources. The award 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. The closing deadline is April 1, 2013. Individuals, teachers and organisations are also being called up 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 week-long 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 , 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 include Kenya’s Diana Mong’are who founded a 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 the Congo, who began a small micro-credit services company that invests in and empowers young refugee women in Uganda.