The Africa’s Business Heroes (ABH) Prize competition, a flagship philanthropic program set up by the Jack Ma Foundation to shine a light on and support African entrepreneurs, has announced the top 50 finalists for its 2022 edition. This year’s edition attracted the interest of more than 21,000 candidates from all 54 African countries.
There was a 20% increase in applications from Central Africa, representing 9% of the total applications received. Southern Africa accounts for 17%, while East Africa and West Africa receive 17% and 43% of all applications respectively.
In addition, there was a 26% increase in applications from North Africa compared to last year, representing 7% of the total number of applications received. This year, the number of applications from 34 pays an increase of more than 50%. Countries such as Egypt, Burkina Faso, Malawi and Burundi in particular have seen phenomenal growth in applications, further strengthening ABH’s position as a pan-African initiative.