Entrepreneurial Competition Heats Up

Apr 15 , 2023

A business competition dubbed African Business Heroes (ABH) which offers up to 1.5 million dollars has a month left for registration as the 2023 round comes live. Prospective applicants met with Ethiopia Gebeya, the official partner of the competition, at an event held at the Urban Centre last week, to discuss on the modalities of the competition. Funded by the Chinese business tycoon Jack Ma, the competition has been rewarding businesses across the continent since 2019. One of the runners-up to last year's competition and CEO of Gebeya, Ahmedou Daffe indicated to the audience how they can improve their chances of winning the competition. He emphasized the need for a clear vision and the importance of aspiring to large-scale change. While the winner gets 300,000 dollars all who make it to the top 10 will receive financial assistance along with continued consultation. Last year's winner was Elia Timotheo who was the founder of agri-tech startup East Africa Fruits Co. The rigorous application process requires time hence prospective competitors were advised to get to it before the deadline.