TheGrantIndex
TheGrantIndex / Cash Grants & Prizes / Africa's Business Heroes Prize

Africa's Business Heroes Prize

Jack Ma Foundation · Pitch prize
$300KShare of $1.5M in grants across 10 finalists; top winner up to $300,000

The Jack Ma Foundation's annual prize for African entrepreneurs. Ten finalists share $1.5M in grant funding and get training and mentorship. Open to any sector.

Key terms

Eligibility

Where
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Cameroon, Central African Republic, Chad, Comoros, DR Congo, Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe
Stages
seed, series-a, growth
Needs VC/accelerator backing
No
Needs partner referral code
No
Must be incorporated
No
AI focus required
No
Students / researchers
Not eligible
Nonprofits
Not eligible

Also required

How to apply

Apply online during the annual window, usually in spring. Prepare the founder video, ID and business registration in advance.

Benefit
cash
Equity-free
Yes
Decision time
—
Credit validity
—
Deadline
Annual (2026 closed 2026-05-07; 2027 call expected ~Mar 2027, not yet announced)
Status
Paused — next round TBA

Verified 2026-10-23 · source

Newsletter

Grants & credits, in your inbox

New and closing startup grants & credits, every 2 weeks. Free.

No spam. Unsubscribe anytime. Privacy