Africa’s youngest entrepreneurs to win $75,000 by applying to 2015 Anzisha Prize
The Anzisha Prize is expanding, after initial success, to provide increased support to entrepreneurial youth
and partner organisations to drive pan-African economic growth to 2020
JOHANNESBURG, South-Africa, February 26, 2015/ -- The 5th Anzisha Prize application phase is now open
(http://www.anzishaprize.org), and the search is on to find Africa’s youngest, most exciting social and business
entrepreneurs under 22 years of age. Africa is the world’s youngest continent, with over 600m people under the
age of 25. The Anzisha Prize is a growing social impact programme entirely focused on accelerating the entry
of millions of young Africans into viable and exciting entrepreneurship opportunities within high growth
economic sectors.
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The impact and success of the programme to date has encouraged co-hosts African Leadership Academy and
The MasterCard Foundation to extend their collaboration for a further 5 years. The Anzish Prize will be a
feature of the entrepreneur landscape in Africa until 2020, and aggresively expand its activities to not only
encourage young entrepreneurs, but strengthen and celebrate the ecosystem of organisations that develop young
African entrepreneurial talent in this age group.
They call it the #AnzishaEffect, and it is the power of stories about the very youngest entrepreneurs among us to
encourage others to follow in their footsteps. Africa needs strong, innovative entrepreneurial young leaders to
create jobs, solve problems and drive our economies. Our continent’s future will be determined by
entrepreneurial leaders across all sectors.
“We have already seen the #AnzishaEffect at work through the inspirational stories and leadership of Anzisha
Fellows like Laetitia Mukungu, Andrew Mupuya and Thato Kgatlhanye. They are now globally recognised and
celebrated role models,” says Reeta Roy, President and CEO of The MasterCard Foundation. “We’re excited
about expanding our support of the Anzisha Prize so that many more young entrepreneurs in Africa can make a
lasting impact in their communities and countries.”
Each year, 12 finalists win a two-week trip to South Africa for a learning experience of a lifetime at African
Leadership Academy, and share over $75,000 USD in cash funding. At a Gala Dinner, the grand prize winner is
announced and recieves $25,000 with which to grow their business. From 2015, Anzisha Fellows will be
actively supported through the recently launched Youth Entrepreneur Support Unit (YES-U), based at African
Leadership Academy, which is a collaboration with leading business incubators on the continent. Mentorship,
consulting services, community gatherings and travel opportunities will now define the fellow experience as
they grow their business ventures. New programmes will be announced soon that focus on and invest into other
areas of the youth entrepreneur value chain.
Applications close on April 15th, 2015, and nominations are encouraged. The Anzisha Prize is one of the most
accessible and inclusive pan-African opportunities for youth from any background. Application forms and
information are available in English, French, Portuguese and Arabic, and the Anzisha Prize Tour team will visit
key hubs and engage local media in every region. There are also over 25 country partner organisations who are
available to assist applicants in countries where the tour does not reach. Both paper and electronic applications
are accepted.
“There are few programmes with the reach and potential of the Anzisha Prize that are so focused on this age
group,” comments Josh Adler, Director for the Centre for Entrepreneurial Leadership at African Leadership
Academy, and Manager of the Anzisha programme, “This year, we will see the various parts of the ecosystem
we’ve been investing into since 2010 begin to really work together for the benefit of Africa’s youngest
entrepreneurs, wherever they may be!”
Media Contact:
Melissa Mbazo – media liason, Anzisha Prize
Email: [email protected] / +27 11 699 3000
NOTES TO EDITORS
About the Anzisha Prize
The Anzisha Prize (http://www.anzishaprize.org) is managed out of African Leadership Academy’s Centre for
Entrepreneurial Leadership, which was established through a multi-year partnership with The MasterCard
Foundation. Through the Anzisha Prize, the organisers seek to catalyse innovation and entrepreneurship among
youth across the continent.
About African Leadership Academy
African Leadership Academy (ALA) seeks to transform Africa by developing a powerful network of
entrepreneurial leaders who will work together to achieve extraordinary social impact. Each year, ALA brings
together the most promising young leaders from all 54 African nations for a pre-university programme in South
Africa with a focus on leadership, entrepreneurship and African studies. ALA continues to cultivate these
leaders throughout their lives by providing ongoing training and connections to networks of people and capital
that can catalyze large scale change. For more information visit www.africanleadershipacademy.org
About The MasterCard Foundation
The MasterCard Foundation is an independent, global organization based in Toronto, Canada, with over US$9
billion in assets. Through collaboration with partner organizations in 57 countries, it is creating opportunities
for all people to learn and prosper. The Foundation's programmes promote financial inclusion and advance
youth learning, mostly in Africa. Established in 2006 through the generosity of MasterCard Worldwide when it
became a public company, the Foundation is a separate and independent entity. The policies, operations and
funding decisions of the Foundation are determined by its own Board of Directors and President and CEO. For
more information on the Foundation, please visit www.mastercardfdn.org.
Images and Content
A full media centre with logos, photos and interviews is available at www.anzishaprize.org/media-centre.
Exclusive media interviews with promising local applicants
As applications are recieved, the Anzisha Prize would like to connect you with the most promising applicants
from your region for interviews. If this is of interest to your publication, please reach out to the Anzisha Prize
team.
For more information and regular updates visit:
http://www.anzishaprize.org