The African Leadership Academy (ALA), in partnership with MasterCard Foundation has announced 12 young entrepreneurs as finalists for the 2015 Anzisha Prize, ITRealms reports.
The 12 finalists will be flown to Johannesburg for the 2015 Anzisha Week taking place from November 12 to 18, 2015 during which they will receive intensive training from African Leadership Academy’s renowned Entrepreneurial Leadership faculty and engage with industry leaders as mentors.
The Manager for the Anzisha Prize, Grace Kalisha, according to Radio VOP, said, “Entrepreneurship has significant potential to drive economic growth and improved livelihoods for African youth. We are proud to be celebrating and supporting these inspiring young leaders during Global Entrepreneurship Week, making them part of the global entrepreneurship narrative.”
ITRealms gathered that a panel of judges from across the entrepreneurial sphere will deliberate to select the grand prize-winners at a gala function to be held on the evening of November 17, 2015. The finalists will grow the pool of Anzisha Fellows to 57 and receive ongoing support in the form of business consulting, professional development training and access to broader networking opportunities to accelerate the growth of their ventures and impact.
The 12 finalists were selected from an impressive initial pool of 494 young entrepreneurs, up from 339 applications in 2014. The Anzisha Prize is proud to have attracted applicants from 33 African countries, with finalists from Zimbabwe and Ethiopia identified for the first time. Applications were also received from a diversity of sectors, with agriculture having the most applicants. Now in its fifth year, The Anzisha Prize, ITRealms learnt, will be celebrating these outstanding young people during Global Entrepreneurship Week joining the worldwide festivities. Finalists for the Anzisha Prize win a share of US$75,000, about N14 .91million and access to ongoing support to scale their enterprises and expand their impact.
For the first time ever, the Prize is delighted that finalists have been selected from Zimbabwe and Ethiopia. Farai Munjoma, 18, provides courseware and career guidance to other youth in Zimbabwe. Hidaya Ibrahim, 21, co-founded an education venture that organizes capacity building activities for students to increase their critical thinking, analytical research and writing skills. Hidaya is among five female finalists, with four others originating from Cameroon, Ghana, Nigeria, and Rwanda, ITRealms reports.
Cyriacus Nnaji/GEE
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