The application process for the Africa Netpreneur Prize Initiative (ANPI) is officially open to African entrepreneurs from all countries, Rwanda included, the Jack Ma Foundation said this week in a statement. The ANPI is a prize competition founded by Chinese billionaire Jack Ma through his charity organisation. It will award US$10 million and recognise 100 African entrepreneurs over the next 10 years. Alibaba Group Executive Chairman Jack Ma first created the prize after he made his first trip to Africa in July 2017 and was inspired by the energy and entrepreneurial potential of the young people he met. The Jack Ma Foundation has teamed up with regional partners: Nailab (continental and Eastern Africa), 22 on Sloane (South Africa), Nine (West Africa), and Rise Up (North Africa) to promote the prize in their respective regions.

Source: The North Africa Journal March 29, 2019 21:56 UTC