Africa's Business Heroes

Grant thesis

Africa's Business Heroes (ABH) is a philanthropic program initiated by the Jack Ma Foundation to support entrepreneurs across Africa. The program aims to recognize and empower 100 African entrepreneurs over a ten-year period by providing grant funding, training programs, and support for the broader entrepreneurial ecosystem.

Focus narrative

ABH invests in entrepreneurs from various sectors and industries, emphasizing inclusivity and grassroots orientation. The program is sector-agnostic, welcoming applications from businesses that are formally registered and have a track record of at least three years. Each year, ten finalists are selected to compete for a share of $1.5 million in grant funding, with the top winner receiving up to $300,000.

Value and support

Beyond funding, ABH provides training programs, mentorship, and networking opportunities to enhance the skills and visibility of African entrepreneurs. The initiative fosters a supportive community that encourages collaboration and knowledge sharing among entrepreneurs.

Event focus

Africa's Business Heroes (ABH) is a philanthropic program initiated by the Jack Ma Foundation to support entrepreneurs across Africa. The program aims to recognize and empower 100 African entrepreneurs over a ten-year period by providing grant funding, training programs, and support for the broader entrepreneurial ecosystem. It is open to candidates from all 54 African countries and encourages participation from entrepreneurs of all ages and genders.

Format narrative

ABH runs several initiatives, including the ABH Prize Competition, which awards $1.5 million in grants to ten finalists annually, and the ABH Scaleup Series, a quarterly series of masterclasses for community members.

Participant value

ABH provides significant grant funding and resources to entrepreneurs, fostering inclusivity and supporting the entrepreneurial ecosystem across Africa.

Editorial focus

Africa's Business Heroes (ABH) is a philanthropic program initiated by the Jack Ma Foundation to support entrepreneurs across Africa. Founded in 2018, ABH aims to recognize and empower 100 African entrepreneurs over a ten-year period by providing grant funding, training programs, and support for the broader entrepreneurial ecosystem. The initiative is open to candidates from all 54 African countries and encourages participation from entrepreneurs of all ages and genders.

Audience value

ABH provides grant funding, training programs, and a supportive ecosystem for entrepreneurs, fostering inclusivity and grassroots innovation across Africa.