Alibaba exec Brian Wong explains the company’s plans for Afrika

After training their first cohort of 24 Afrikan startups as part of the eFounder Fellowship training program, Alibaba went on to launch another initiative aimed at empowering Afrikan technology startups. Named the Netpreneur Prize, the program will invest a minimum of $1 million a year in Afrikan technology startups for 10 years starting in 2019. The Netpreneur Prize was announced and launched in Johannesburg, South Africa, by Jack Ma, the founder and Executive Chairman of the Alibaba Group. He explained the prize will be looking for entrepreneurs who are working to address Afrika’s most important challenges and further its digital economy. “As a fellow entrepreneur,…

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