DAKAR, Senegal, September 1, 2025/ — The Africa’s Business Heroes (ABH) (https://AfricaBusinessHeroes.org/) Prize Competition, a philanthropic initiative of Alibaba Philanthropy, today revealed the Top 20 entrepreneurs selected to advance to the 2025 Semi-Finals, taking place in Dakar, Senegal on 10 – 11 September 2025. The selection of the Top 20 reflects a rigorous and highly competitive process. Starting from nearly 32,000 applications spanning the African continent, candidates advanced through multiple rounds, including the Top 50 Round 2 interviews and a thorough due diligence process. From this pool, 20 exceptional entrepreneurs…
Category: Entrepreneurship
Global Africa Business Initiative (GABI) announces fourth Unstoppable Africa flagship event in New York
NEW YORK, United States of America, August 14, 2025/ — The Global Africa Business Initiative (GABI) (www.GABI.UNGlobalCompact.org) will convene the fourth edition of its annual flagship event, Unstoppable Africa, on September 21-22, 2025, at the Marriott Marquis Hotel in New York. CNN’s Larry Madowo and Al Jazeera’s Folly Bah Thibault will return as MCs. Unstoppable Africa is the leading African business forum outside the continent. Hosted by United Nations Secretary General António Guterres and H.E. Mahmoud Ali Youssouf, Chairperson of the African Union, the event will take place just before the 80th…
The Islamic Corporation for the Development of the Private Sector (ICD) leads successful closure of USD 145 Million Shariah-Compliant Syndicated Facility for Turk Eximbank
The Islamic Corporation for the Development of the Private Sector (“ICD”) (https://ICD-ps.org), a multilateral development financial institution and the private sector arm of the Islamic Development Bank (IsDB) Group, is pleased to announce the successful closure of USD 145 million Shariah compliant syndicated financing facility for Türkiye İhracat Kredi Bankası A.Ş. or Export Credit Bank of Türkiye A.S. (“Turk Eximbank”). according to an official statement issued in Jeddah,Saudi Arabia,Friday. The facility has been structured as a Commodity Murabaha with a tenor of 3 years. This partnership between the two institutions…
Africa’s Business Heroes 2025 Edition: Event Unveils Top 50 Finalists from All 54 African Nations
Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org), the flagship philanthropic initiative of the Alibaba Philanthropy, is proud to announce the Top 50 finalists of its 2025 Prize Competition—marking a record-breaking year for participation and regional representation,says an official statement issued in Kigali,Thursday. This year,the statement said, ABH received 32,000 applications, the highest in the competition’s history, with submissions from all 54 African countries – reinforcing ABH’s status as one of the continent’s largest and most inclusive entrepreneurial competitions. The 2025 Top 50 provides an overview of Africa’s entrepreneurial landscape. African businesses are increasingly leveraging…
Togo’s ‘Nana-Benz’: how cheap Chinese imports of African fabrics have hurt the famous women traders
The Conversation First Published,23rd July,2025 Authors: Fidele B. Ebia,Postdoctoral fellow, Duke Africa Initiative, Duke University Rory Horner,Reader, Global Development Institute, University of Manchester The manufacturing of African print textiles has shifted to China in the 21st century. While they are widely consumed in African countries – and symbolic of the continent – the rise of “made in China” has undermined the African women traders who have long shaped the retail and distribution of this cloth. For many decades Vlisco, the Dutch textile group which traces its origins to 1846 and whose…
Boosting Ghana’s Industrial Development: A Strategic Approach-(By:Charles Dzradosi)
Former Secretary,Avetime-Vane Citizens Association First Edition published in the Evening News of July 4th 2001 Introduction After a sharp contraction of 1.7% in 2023, Ghana’s industrial sector rebounded with a strong 7.1% growth in 2024, driven by mining, manufacturing, construction, and electricity. The 2025 Budget has projected a modest 4.8% growth in 2025. The 2024 performance, compared with the projected growth for 2025 has been the subject of some debate among analysts, but no clear reasons have been offered to explain the low projections. Even though there are various theories…
Embracing the Evolving Landscape of AI and Digital Transformation
By: Mohammed Abu A three-day Wealth Masters Group’s Residential Training Event-Executive Leadership Programme in AI that is being hosted on campus by the University of Kent, United Kingdom, is scheduled to take place from the 2nd-5th June,2025. The event is being held against the background of today’s fast-paced and increasingly complex business environment, that leaves leaders, business owners, entrepreneurs and start-ups challenged to navigate unprecedented disruption, drive innovation, and integrate cutting-edge technologies like Artificial Intelligence (AI) into their organizations. To stay competitive and maintain strategic leadership, executives must not only…
Three start-ups awarded at the 2nd edition of the international ceremony of the Orange Summer Challenge in Casablanca, Morocco
Orange Summer Challenge: three months to turn an idea into a start-up Created in 2011, the Orange Summer Challenge (OSC) is the flagship event of the network of Orange Digital Centers in Middle East and Africa (www.Orange.com). Its objective is to inspire young people to develop technology start-ups for the common good. The 2025 edition ended in Casablanca with an international ceremony that rewarded three promising projects. For more than three months, 282 young innovators and entrepreneurs from 14 countries benefited from intensive support combining training, mentoring and coaching provided…
Africa: The Islamic Development Bank Institute (IsDBI) and Mohammed bin Salman (MBS) College Announce Strategic Partnership to Deliver Entrepreneurial Leadership Programs
The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) and Prince Mohammed bin Salman College of Business & Entrepreneurship (MBSC) have signed agreements to foster entrepreneurial skills and leadership excellence in IsDB Member Countries and Muslim Communities. This collaboration aims to launch two innovative programs: the Entrepreneurial Mindset Development Program and the Strategic Business Leadership Program. These programs integrate Islamic finance values and instruments to foster economic growth in Member Countries. The programs will be hosted by MBSC and delivered jointly by both institutions. Dr. Sami Al-Suwailem, Acting Director General of IsDBI, and Dr.…
Revolutionize your Business Plan: How Artificial Intelligence (AI) is Making Entrepreneurship Easier
JOHANNESBURG, South Africa, December 20, 2024/ — In today’s fast-paced business world, writing a comprehensive business plan can feel overwhelming for entrepreneurs. However, with the advancement of Artificial Intelligence (AI), this process is becoming more efficient and accessible. This guide shows how to use AI tools to create a business plan for your idea. Think of AI as your digital assistant, speeding up the first draft so you have more time to make it better. AI gives you a structure, but your own ideas and understanding of your business makes…