Africa Awards for Entrepreneurship 2017

​Application Period:  22 June – 7 August 2017

The Africa Awards for Entrepreneurship aim to recognize some of the continent’s most innovative and impactful entrepreneurs. Over the past 8 years, AAE has attracted over 7000 applications from industries and sectors ranging from education. health, transport, energy among others.

Applications for nominations to The Africa Awards for Entrepreneurship (AAE) are now open. The awards aim to recognize Africa’s most talented entrepreneurs across 4 categories:  

1. Best Growing Business: high growth companies

2. Best Mature Business: legacy companies with significant revenue base and continental footprint

3. Youth Entrepreneur of the Year :entrepreneurs under the age of 35

4. Social Entrepreneur of the Year:social impact oriented enterprises

Previous winners of this prestigious award include Spark Schools (South Africa), Astro Mobile (Zimbabwe), Prep Class (Nigeria) and Aspen Holdings (Mauritius).

After undergoing a rigorous nomination and selection process, 12 finalists (3 per category) will be invited to attend the African Leadership Network (ALN) Annual Gathering which will be hosted in Mauritius in November this year, where one winner per category will be announced. The Africa Awards for Entrepreneurship are an initiative of the African Leadership Network.

Eligibility

  • Only African companies are eligible for these awards. You will be required to provide proof that your core operations are on the continent.
  • They look for a track record of innovation, profitability, business excellence and social impact
  • Businesses from any sector are encouraged to apply.
  • Applicants interested in the Outstanding Young Entrepreneur category must be 35 years old or below.
  • Applications must be filed by a single company representative.      

Selection Criteria

1. Leadership, culture and values: This majorly points out to how your organisation invests in its employees as well as the values ethics that drive it.

2. Innovation: We look for companies that are providing creative and leading edge solutions that add real value to the lives of customers

3. Profitability:  Your business should be commercially sustainable and demonstrate a robust financial position

4. Long term Business Strategy: Your business should demonstrate a sound and coherent strategy for future growth and continued value addition

5. Social & Economic impact on communities: Your business should be adding value to their communities. We are looking for companies that have a demonstrable commitment to using business for social impact

How to apply

The first step is to fill in the application form and upload your supporting  documents online via the ALN Website. You will be notified about the status of your application by the end of August. Shortlisted candidates will the interviewed by our panel of judges via skype interview. Successful candidates will be invited to attend the  award ceremony in Mauritius.

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Boosting Entrepreneurship in Africa

entreThe key drivers of this continent (human resource) are being wasted. African countries are gifted with strong people who can engage in entrepreneurship at higher standards. This is evidenced in many big International business companies and leaderships in the World. The best example is the current President of United States of America, Barack Obama. Effective utilization and engagement of such people after their end of term in Office and coming back to Africa will boost business in Africa because; they already have networks across the world. This starts with the foundation of children at school levels. In other continents where educational system and vocational training supply the labour market with adequate skills in number and quality, development of human resource is not a major social responsibility of the country. On the other hand, African countries where the educational system is weak, training and development of human resource falls largely on other countries. For many young Africans, the workplace is the first “real” school where they can fill the gaps of poor initial training, learn work discipline and acquire professional skills.

The article was written by Kenneth Rubangakene from Uganda. Kenneth has represented Uganda at many high forums like-High Level Youth Policy Dialogue on SDGs  in 2014 at the United Nations Headquarters. He is volunteering as Africa Regional Coordinator for IYONS Africa program. He headed 54 top young emerging leaders from all the 54 countries in Africa for the Launch of IYONS Global program in Chennai, India in 2015.

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