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Africa’s Business Heroes Launches 8th Edition with USD 1.5 Million in Grant Funding Available for African Entrepreneurs

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Africa’s Business Heroes

Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org), the flagship philanthropic initiative of Alibaba Philanthropy and the Jack Ma Foundation, has opened applications for its 8th edition, calling on African entrepreneurs who are building businesses defining the continent’s future.

 

Launched under the theme “Defining Africa’s Future Today”, the 2026 edition reinforces ABH’s role as a founder-first platform supporting Africa-led solutions with the ambition, scale, and substance to drive lasting economic transformation.

Across the continent, entrepreneurs are solving real problems with bold, innovative solutions—from climate-smart agriculture and digital finance to healthcare, logistics, manufacturing, and emerging technologies. Africa’s Business Heroes is committed to identifying these founders, accelerating their growth, and elevating their stories to inspire and shape Africa’s future.

“Africa’s future is being shaped by entrepreneurs who are addressing the continent’s most pressing challenges and unlocking its economic potential,” said Zahra Boateng-Baitie, Managing Director for Africa at Africa’s Business Heroes. “Beyond the USD 1.5 million in grant funding, ABH is a transformational platform that equips founders with the visibility, mentorship, and strategic support they need to scale sustainable businesses. Our commitment is to ensure that entrepreneurs are both recognised and empowered to build enterprises that create jobs, drive innovation, and fuel inclusive growth across Africa.”

In 2026, ABH will deepen its on-the-ground engagement across the continent by visiting ten African markets. In line with its commitment to being truly pan-African and inclusive. The programme will prioritize countries that have been underrepresented in its Top 10 finalists to date, including Namibia, Tunisia, and Zambia. These visits will bring together local entrepreneurs, ecosystem partners, and investors through community-building events, workshops, and tailored founder engagements—strengthening local ecosystems and expanding access to the ABH platform.

In addition, this year ABH will expand its recognition pool by announcing Top 100 Finalists rather than a Top 50. This reflects both the growing demand and interest in the competition and ABH’s ambition to spotlight a broader range of innovative and inspiring African businesses. Since 2019, applications have grown from approximately 10,000 to over 30,000 annually. By recognising more high-potential founders, ABH aims to deepen its impact, provide greater visibility to emerging entrepreneurs, and strengthen its role as a leading platform celebrating Africa’s next generation of business leaders.

More Than a Competition

Now in its eighth year, Africa’s Business Heroes has evolved beyond a prize competition into one of the continent’s most respected entrepreneurship platforms. The programme combines grant funding with training, mentorship, and long-term community support, enabling entrepreneurs to build businesses designed to last.

Each year, ABH awards USD 1.5 million in grant funding to ten outstanding entrepreneurs. Shortlisted heroes also gain access to capacity-building programmes and join a growing pan-African network of peers, investors, and ecosystem leaders.

Beyond the USD 1.5 million in grant funding, ABH is a transformational platform that equips founders with the visibility, mentorship, and strategic support they need

Past Top 10 finalists also have the opportunity to participate in a fully sponsored immersive learning experience at Alibaba’s campus in Hangzhou, China. The programme enables entrepreneurs to connect with one another, engage directly with the Alibaba ecosystem, and gain exposure to global best practices in innovation, digital transformation, and scaling technology-enabled businesses. The latest cohort of past Top 10 finalists will travel to Hangzhou in September 2026.

A Proven Platform for African Entrepreneurs

The 7th edition of Africa’s Business Heroes concluded in December 2025 with Diana Orembe of Tanzania, Co Founder and CEO of NovFeed, named Africa’s Business Hero. Her biotech venture transforms organic waste into sustainable protein for animal feed, addressing food security and environmental sustainability challenges across Africa.

“Winning Africa’s Business Heroes was transformative for NovFeed,” said Diana Orembe,“The funding will accelerate our growth, but just as important was the business training, visibility, and network we gained through the programme. ABH challenges you to refine your vision, strengthen your strategy, and think bigger about your impact. It’s not just about the finale, it’s about becoming part of a community committed to building Africa’s future.”

Last year’s edition attracted over 31,000 applications from across the continent and awarded USD 1.5 million in grant funding to ten finalists representing 7 African countries, reflecting the depth and diversity of the continent’s entrepreneurial pipeline.

Who Should Apply

Applications are open to founders from across Africa who:

  • Are citizens or legal residents of an African country
  • Lead a registered business headquartered in Africa
  • Have demonstrated 3 years or more of traction
  • Show a commitment to positive societal impact

ABH is a sector agnostic competition and welcomes applications across all sectors critical to Africa’s future, including: food systems, climate and energy, fintech and financial inclusion, health, logistics, manufacturing, artificial intelligence, and more.

Applications Now Open

Entrepreneurs defining Africa’s future are encouraged to apply. Applications can be submitted in English or French.

Applications close on April 28th 2026.
Apply at: www.AfricaBusinessHeroes.org

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH).

 

Business

Sonangol Takes Emerald Sponsorship at African Energy Week (AEW) 2026 as Angola Expands Deepwater and Gas Portfolio

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African Energy Chamber

Angola’s national oil company strengthens its continental leadership as major 2026 oil, gas and infrastructure projects reshape its production and investment footprint

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –Angola’s national oil company Sonangol has been confirmed as an Emerald Sponsor of African Energy Week (AEW) 2026, reinforcing its position as one of the continent’s most influential integrated energy players at a time of rapid upstream expansion and downstream transformation.

The sponsorship comes as Sonangol accelerates a multi-billion-dollar investment drive across exploration, production, gas monetization and refining infrastructure, with several flagship projects set to reshape Angola’s energy landscape through 2030.

At the heart of this expansion is Sonangol’s continued partnership with international operators on major offshore developments. In Block 15/06, the Agogo Integrated West Hub – developed alongside Azule Energy and Sinopec – reached production in 2025, adding significant new volumes through the Agogo and Ndungu fields and reinforcing Angola’s drive to sustain output above one million barrels per day.

Another cornerstone development is the Kaminho Deepwater Project in Block 20/11, operated with TotalEnergies and Petronas, which targets first oil in 2028 with an estimated production capacity of around 70,000 barrels per day. The project represents a key step in unlocking Angola’s Kwanza Basin frontier and demonstrates Sonangol’s continued role in large-scale deepwater developments.

Sonangol continues to demonstrate the strategic importance of African national oil companies in shaping the continent’s energy future

In parallel, Sonangol is expanding its gas portfolio through its stake in the New Gas Consortium, Angola’s first non-associated gas development. The Quiluma field recently achieved first gas and is expected to ramp up to around 330 million cubic feet per day at plateau, supplying feedstock to the Angola LNG plant and reinforcing the country’s position as a long-term LNG exporter.

Downstream, Sonangol is advancing an ambitious refining expansion strategy aimed at strengthening fuel security and value retention. The Cabinda Refinery has entered its final testing and commissioning phase, with operations expected to ramp up imminently following initial start-up and fuel deliveries beginning in 2026. Long-term projects in Lobito and Soyo are positioned to substantially expand Angola’s refining capacity over the coming decade.

Beyond hydrocarbons, Sonangol is also deepening its diversification into renewables and integrated power. Through renewable energy partnerships, including solar initiatives such as the Quilemba Solar Project in southern Angola developed with international partners, the company is gradually building a multi-energy portfolio aligned with Angola’s broader energy transition goals.

Financially, Sonangol has also strengthened its balance sheet to support this expansion, securing a $1.75 billion syndicated financing facility in early 2026 to support operational and capital investment needs across its portfolio.

Sonangol’s role as Emerald Sponsor of AEW 2026 therefore comes at a pivotal moment for both the company and Angola’s energy sector. The partnership underscores the company’s intent to position itself not only as a national champion, but as a continental energy leader driving investment, partnerships, and infrastructure development across the value chain.

“Sonangol continues to demonstrate the strategic importance of African national oil companies in shaping the continent’s energy future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Its investment drive across upstream, gas and downstream infrastructure reflects a clear commitment to long-term value creation, energy security and industrial growth in Angola and beyond.”

Distributed by APO Group on behalf of African Energy Chamber.

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Business

South Sudan Declines to Renew Oranto’s License for Block B3

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South Sudan

This decision follows a comprehensive review of Oranto’s performance under the EPSA over the six-year contractual period

JUBA, South Sudan, April 30, 2026/APO Group/ –The Ministry of Petroleum of the Republic of South Sudan (https://MOP.Gov.SS) announces that it has decided not to renew the Exploration and Production Sharing Agreement (EPSA) held by Oranto Petroleum for Block B3.

This decision follows a comprehensive review of Oranto’s performance under the EPSA over the six-year contractual period. The review found that Oranto did not meet key work program obligations, including the completion of required seismic surveys and the drilling commitments stipulated in the agreement.

In addition, Oranto failed to fulfill its financial obligations to the Government of South Sudan and related project commitments, as provided for under the EPSA framework.

In line with the Government’s policy of ensuring responsible resource development and attracting credible, technically capable investors, the Ministry has therefore concluded that the non-renewal of the Block B3 license is in the best interest of the country.

Block B3 is now open for new applications, and the Ministry of Petroleum welcomes interest from serious and qualified international and regional oil and gas companies committed to timely exploration, compliance with contractual obligations, and long-term partnership with the Republic of South Sudan.

The Ministry reaffirms its commitment to transparency, accountability, and the sustainable development of South Sudan’s petroleum sector.

Distributed by APO Group on behalf of Ministry of Petroleum South Sudan.

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APO Group Wins Gold Stevie® Award In 2026 Middle East & North Africa Stevie® Awards

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APO Group

Winners to Be Celebrated During a Gala Event on 11 September at the InterContinental Hotel, Istanbul, Türkiye

JOHANNESBURG, South Africa, April 30, 2026/APO Group/ –APO Group (www.APO-opa.com), the pan-African communications consultancy integrating advisory, execution, and proprietary news distribution, today was named the winner of a Gold Stevie® Award in the Most Innovative Public Relations Agency of the Year category in the seventh annual Middle East & North Africa Stevie Awards, sponsored by the RAK Chamber of Commerce and Industry.

The Middle East & North Africa Stevie Awards are the only business awards programme to recognise innovation in the workplace in 18 nations in the Middle East and North Africa.  The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programmes such as The International Business Awards® for 24 years.

More than 1,400 nominations from organisations across the Middle East and North Africa were considered this year in categories such as Award for Excellence in Innovation in Products & ServicesAward for Innovative Management, and Award for Innovation in Corporate Websites, among many others.  APO Group won in the Most Innovative Public Relations Agency of the Year category.

APO Group’s winning submission presented a body of work spanning major international brands, humanitarian organisations, and global technology and business investment platforms, collectively generating over USD1.2 billion in PR value, more than 1,500 media features and interviews, and over 20 million social media impressions. Together, these results reflect a communications model built on integration: strategy, on-ground PR, and guaranteed visibility operating as one high-impact system.

These campaigns, executed for organisations such as Africa’s Business Heroes, Canon, Mercy Ships, The Basketball Africa League (BAL), GITEX Africa, and the Global Africa Business Initiative (GABI), demonstrate APO Group’s ability to operate at scale across sectors and markets, delivering innovative strategic communication with measurable results.

We are delighted to recognise the achievements of such a diverse group of organisations across the MENA region in the 2026 edition of the Middle East & North Africa Stevie Awards

“This award recognises something specific: a communications model that treats consultancy, execution, and distribution as one system rather than three separate disciplines. The MENA Stevie® Awards reflect APO Group’s commitment to delivering PR and communications strategies that match the realities of operating across Africa,” said Bas Wijne, Chief Executive Officer at APO Group. “Effective pan-African work requires deep knowledge of how individual markets function, how media ecosystems differ, and how audiences in each context connect with a narrative. We’re proud to help African and MENA organisations engage with impact across one of the world’s most complex and rewarding media landscapes.”

Gold, Silver, and Bronze Stevie Award winners were determined by the average scores of more than 150 executives around the world acting as judges on six juries.

“We are delighted to recognise the achievements of such a diverse group of organisations across the MENA region in the 2026 edition of the Middle East & North Africa Stevie Awards,” said Stevie Awards president Maggie Miller.  “We look forward to celebrating Stevie winners during our gala event on 11 September at the InterContinental Hotel, Istanbul, Türkiye.  The quality of nominations received this year was exceptional. The programme has grown every year, showing the vast amount of innovation in the MENA region.”

APO Group has received multiple major industry honours over the past year, including consecutive Gold Sabre Awards and Gold at the Davos Communications Awards for excellence in strategic communications and campaign execution. The company was also named Africa’s Leading PR Agency – 2025 by Brands Review Magazine and Best Public Relations & Media Consultancy Agency of the Year – 2025 by World Business Outlook.

Operating across 54 African countries, APO Group provides communications advisory services, public relations, and media distribution through its proprietary newswire, Africa Newsroom, which places content on more than 250 Africa-focused news platforms worldwide.

This latest accolade adds to APO Group’s growing record at these prestigious awards. In 2025, Rania El-Rafie, Vice President, Public Relations and Strategic Communications, was awarded a Bronze Stevie® Award in the ‘Most Innovative Woman of the Year’ category. El Rafie also chaired the Public Sector & Thought Leadership Awards Judging Committee at this year’s competition.

Details about the Middle East & North Africa Stevie Awards and the list of Stevie Award winners are available at https://MENA.StevieAwards.com.

Distributed by APO Group on behalf of APO Group.

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