Ethiopian shoe company, solerebels is a finalist
of 2011 Africa Awards for Entrepreneurship
Nov. 02 2011
Legatum, a private international investment group and Omidyar Network, a philanthropic investment firm, Tuesday announced the 10 finalists of the 2011 Africa Awards for Entrepreneurship (www.AfricaAwards.com).
The finalists underscore the diversity of entrepreneurs in the competition, representing eight countries including Ethiopia, Gambia, Kenya, Mauritius, Nigeria, Senegal, Uganda, and Zimbabwe. The top ten, which includes three woman-owned businesses, work in a range of industries, from software to entertainment to agribusiness.
A record 3,300 companies from 48 African countries submitted entries to compete for the Grand Prize of US $100,000, five additional prizes of US $50,000 each, and a new $50,000 award for the Coca-Cola Prize for an Outstanding Woman Entrepreneur. The Africa Awards for Entrepreneurship recognises and rewards business leaders who embody the entrepreneurial spirit and qualities required to succeed in business and who are the inspirational role models for the next generation of African entrepreneurs.
“The Africa Awards celebrates the standards of business excellence within Africa, helping to build a strong network of African entrepreneurs, and our 10 finalists demonstrate the breadth and depth of entrepreneurial talent across the continent today,” said Alan McCormick, Managing Director of Legatum. “Such diversity shows that Africa’s outstanding business leaders are not constrained by geography, gender or ambition.”
The finalists of the 2011 Africa Awards for Entrepreneurship are:
- soleRebels, Ethiopia
- Unique Solutions, Gambia
- InvesteQ, Kenya
- Expand Technology, Mauritius
- Chocolate City Group, Nigeria
- FASMicro, Nigeria
- Pepperoni Foods, Nigeria
- Cellular Systems International, Senegal
- Victoria Seeds, Uganda
- Securico, Zimbabwe