advertisement

Companies

Kenyan among 12 winners in African startup awards

The winners will share $1 million (Sh103 million) funding to boost their businesses. FILE PHOTO | NMG
The winners will share $1 million (Sh103 million) funding to boost their businesses. FILE PHOTO | NMG 

A Kenyan animal feeds entrepreneur is among the 12 winners of the BMCE Bank of Africa’s entrepreneurship awards.

The winners will share $1 million (Sh103 million) funding to boost their businesses.

Adan Mohammed was feted at the latest edition of the African Entrepreneurship Award 2017 that was first unveiled in 2015. The awards aim to support entrepreneurs in the continent through funding and mentorship to boost their businesses.

The 12 winners are from nine African countries and are the product of the 40 finalists at a two-day Bootcamp in Casablanca that kicked off on December 6.

Mr Mohammed’s enterprise Ecodudu, which uses insects in feeds production, was selected among four others in the environment category.

Winners were picked based on the impact of their sustainable projects, which were based on education, environment and unchartered fields categories.

The panel of judges for the competition included BMCE Bank of Africa chairman Othman Benjelloun.

advertisement