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$100k up for grabs for Africa’s youngest entrepereneurs

Applications for the Anisha Prize, now in its sixth edition, have opened with total prize money now worth US$100 000.

The competition, which is a collaboration between the African Leadership Academy and the MasterCard Foundation, aims to identify 12 of Africa’s “most innovative social and business entrepreneurs under the age of 22”.

In addition to increased prize money, the two organisations have also promised an increase in the support available to selected entrepreneurs over the next five years. Each of the 12 finalists will now receive a US$7 500 fellowship package with the ALA’s Youth Entrepreneur Support Unit (YES-U) which includes the Anzisha Week boot camp, mentorship and consulting services, travel opportunities to network and business equipment.

In addition, a new US$25 000 prize category has been created to recognize Anzisha Fellows who have created further social and economic value through their ventures by effectively leveraging the opportunities provided by the fellowship with ALA.

The prize is open to any African national under the age of 22 with an active project, social venture or for-profit business based on the continent. Judging criteria for the prize have been refined for 2016 to better represent the entrepreneurial talent that the Anzisha Prize wants to uncover and support. These criteria can be found in all application materials.

“It is essential that we nurture young, African entrepreneurial talent if we want to see the economic gains we all hope for in the future,” says Koffi Assouan, Program Manager for the Anzisha Prize at The MasterCard Foundation. “Through the provision of leadership skills, access to finance and business networking opportunities, these young entrepreneurs will have the opportunity to reach their full potential and to improve their lives and the lives of others.”

Applications close on 15 April 2016, with the organising team asking for nominations from teachers, parents and community members to identify talented young people.

“The true impact of our work is only possible if we can find the top entrepreneurial potential wherever it may be,” comments Grace Kalisha, Manager of the Anzisha Program at African Leadership Academy, “If anyone out there has seen or heard of young people running amazing projects or businesses, we want to hear from you!”

Application forms and information are available in English, French, Portuguese and Arabic, and the Anzisha Prize Tour team will visit key hubs across the continent and engage local media in every region. Both paper and electronic version applications are accepted.

New Event to Ignite Africa’s Gaming Potential

Africa’s gaming potential will be explored and celebrated at WrB Africa , taking place on 11-12 April at The Sheraton Lagos Hotel, Nigeria.

As part of the WrB Series run by Clarion Events, WrB Africa is the first ever summit dedicated to exploring the exciting opportunities and encouraging a regulatory framework that will produce a thriving and sustainable gaming industry in Sub-Saharan Africa.

 “We have launched WrB Africa for those seeking to unlock the huge potential of this region, but who may be unsure of the complexities of the regulatory environment. Perhaps they are already operating in one of the fast growing African regions but want to step up a level”, says Curtis Roach, senior conference producer on the event.

Delegates will be presented with a heavy-weight agenda and over 30 market-leading organisations to network with and to do business with, as well as the opportunity to learn directly from the leading companies based in East, West and Central Africa, in addition to the continent’s major regulators.

The speaker line-up includes a keynote session from Lanre Gbajabiamila, chief executive of the Lagos State Lottery Board (LSLB).

Other speakers include John Kamara, Director of Global Gaming Africa, Tarimba Abbas, Director General of Tanzania Gaming Board, Edward Lalumbe, COO of the Gauteng Gambling Board and Matthias Jacek Wojdyla, Head of International Affairs at FIFA.

Gbajabiamila is optimistic about the continued growth of gambling in Lagos and Nigeria, with technology and the public’s appetite for sport among the driving forces.

“The Nigerian gaming industry is an evolving one and gradually expanding. More states and individuals are becoming more aware of the opportunities that exist in the industry in terms of entertainment, revenue and employment.

“We are really pleased to be associated with WrB Africa, it’s a great event that the market demands and I’m excited at the opportunities that it will create for the Sub-Saharan gaming industry.”

Rory Credland, Event Director added: “It will be fantastic to bring together so many people from across the globe to talk about responsible gambling and how we can help to create a sustainable future for one of the Gaming industry’s high-potential markets.”

WrB Africa is taking place at The Sheraton Lagos Hotel, Lagos, Nigeria, from April 11th – 12th in Lagos, Nigeria. More information including the agenda, speaker list and booking details is available here. 

Distributed by APO (African Press Organization) on behalf of WrB Africa.