The African Entrepreneurship Prize awarded to ten African companies

The ten winning companies represent Ghana, Morocco, Uganda, Tanzania, South Africa, Kenya and Senegal.
Specific criteria relating to social impact at the African level, flexibility, social responsibility and the use of new technologies and creation were adopted to decide between the finalists.

The African Entrepreneurship Prize (AEA) initiated by the Moroccan Foreign Trade Bank (BMCE Bank) was awarded on Monday in Marrakech to ten African companies operating in the fields of education, the environment and the unexplored .

The ten winning companies represent 7 African countries, namely Ghana, Morocco, Uganda, Tanzania, South Africa, Kenya and Senegal.

The finalists presented themselves from October 9 to 12 to the jury made up of renowned personalities from China, the United States, Ghana, South Africa and Sudan. Specific criteria relating to social impact at the African level, flexibility, social responsibility and the use of new technologies and creation were adopted to decide between the finalists.

More than 5,100 business ideas were submitted, and 2,900 potential projects representing 54 African countries, including 98 countries including the African diaspora, were presented to the jury.

BMCE Bank President and CEO Othmane Benjelloune said the AEA is an initiative that encourages entrepreneurship in Africa by allocating $ 1 million annually for talent and technology across borders.

BMCE Bank’s African Entrepreneurship Award is the first step for entrepreneurs in Africa to test, plan, launch and value their businesses, he added.

And to make it known that the next steps will include advice that will provide the entrepreneur with the recommendations and guidance necessary to make informed decisions on products, prices, distribution, financing, information system, human resources, legal requirements but also the location of the company.

This award supports BMCE Bank’s Corporate Social Responsibility strategy by inspiring the future of the younger generation.

AEA crosses borders by covering the 54 countries of Africa in search of the best ideas for Africa. AEA is an experience that offers advice and support for the benefit of several candidates.

read on: http://lematin.ma/express/2015/le-prix-de-l-entrepreneuriat-africain-decerne-a-dix-entreprises-africaines/233327.html