Applications open for Jack Ma Foundation’s Africa’s Business Heroes competition 2021

AFRICA – Applications are now open for this year’s Africa’s Business Heroes competition, the Jack Ma Foundation’s flagship philanthropic programme in Africa which annually awards 10 outstanding finalists with a share of a US$1.5 million grant. In its third year, the Africa’s Business Heroes competition gives African entrepreneurs a platform to showcase their talent and grow their businesses. The central theme of this year’s competition, “It’s African Time”, is a call to action for all talented African entrepreneurs who are challenging stereotypes associated with “African time” through their businesses, to leverage the…

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Ogooué Labs secures US$456k from African Financial Company to support entrepreneurship

GABON – The African Financial Company (Cofina) has granted a fund of CFAF 250 million (US$456k) to Ogooué Labs, a coworking venue hosting and incubating startups looking for a space to get creative and innovative, to support entrepreneurship in Gabon. This funding aims to support the StartX 241 program initiated by the incubator aimed at small and very small businesses in their development phase, The objective of the program is to accelerate the industrial scale-up and distribution of startup products from French-speaking countries to new markets. This fund will enable…

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