How Jack Ma's Netpreneur Prize Will Boost African Enterpreneurs

Alibaba Group founder Jack Ma launched a new program on his first visit to South Africa to support and fund African entrepreneurs who are working to address Africa's most important challenges, and further its digital economy through local entrepreneurship. The Netpreneur Prize aims to build a community of 100 young African entrepreneurs by 2030 who will receive grants totalling U.S.$10 million.

President Ramaphosa and Alibaba Founder Jack Ma.

President Cyril Ramaphosa and Jack Ma exchanged views on the global economy as well as prospects for investment in South Africa.

Jack Ma is one of the world’s foremost entrepreneurs and investors, and serves as a Special Advisor to the United Nations Conference on Trade and Development (Unctad).

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