The Africa Netpreneur Prize Initiative by Jack Ma Foundation calls for applications in March

The Prize, which is supported by its continental partner Nailab, is focused on empowering a new generation of entrepreneurs, with a focus on small businesses, grassroots communities and women-founded enterprises.

“The Netpreneur Prize Initiative has brought together a strong ecosystem of players to support both technology-driven and traditional businesses. We look forward to unveiling the full slate of regional partners and to receiving applications from promising African entrepreneurs in the coming weeks,” said Sam Gichuru, Founder and CEO, Nailab.

All ten finalists will receive grant funding from the Jack Ma Foundation, as well as access to the Netpreneur community of African business leaders to leverage the community’s shared expertise, best practices, and resources.

“By 2030, we hope to identify and shine a spotlight on 100 African entrepreneur heroes who will inspire the continent. From day one, our approach has been community-based and focused on inclusiveness; to be truly for Africans and by Africans. To realize these goals, we are excited to work with Nailab as our implementing partner in Africa and multiple African partners across to continent.”

Bank Windhoek empowers entrepreneurs

Namibia’s Bank Windhoek in collaboration with Microsoft recently hosted a seminar for local entrepreneurs, which allows them to network, share knowledge and celebrate the spirit of innovation.

The entrepreneurs who came from various backgrounds were empowered with skills such as overcoming challenges, accessing finance, marketing their products and services, customer relations, business sustainability, and business continuity.

Bank Windhoek’s Emerging Small and Medium Enterprises (ESME) Finance Branch Manager, Mbo Luvindao, said their goal is to bring benefits to the entrepreneurs who are the bank’s customers, so they could build a competitive advantage and safeguard the success of their businesses.

“As connectors of positive change, we see an opportunity to bring additional value to our customers through strategic partnerships such as the one agreed with Microsoft,” said Luvindao.

Bank Windhoek’s Head of Specialist Finance Division, Saara Shivute, expressed the bank’s pride in being associated with emerging business in the country, saying they look forward to creating business partnerships with them.

“Bank Windhoek is a change-agent, we are committing to being the drivers of positive change in the small and medium enterprises ecosystem,” Shivute said.

Microsoft was represented by Thinkroom Consulting’s Founder, Catherine Young, who facilitated the seminar. She said Thinkroom Consulting is passionate about helping businesses and entrepreneurs.

“We use our networks to introduce them to corporate programmes, use management best practices as well as the latest technologies to reach existing and new markets,” said Young.