Heritiaina Randriamananatahina, 22 year old agriculture entrepreneur from Madagascar is the latest winner of the $25,000 Grand Prize in the sixth annual edition of Africa’s premier award for youth entrepreneurship.
Heritiaina is the founder of Fiombonana, an agro-processing enterprise that manufactures dairy products and confectioneries using only Malagasy raw materials, employing farmers and providing local job opportunities.
The first runner-up was environmental entrepreneur Yaye Souadou Fall, 21, from Senegal (who will receive $15,000) while agricultural entrepreneur N’guessan Koffi Jacques Olivier, 19, from Cote d’Ivoire was the second runner-up (and will receive $12,500).
The presence of two agriculture entrepreneurs in the top three is emblematic of the important role agriculture plays in Africa’s economies. Agriculture represented the sector with the largest share of applicants for the prize this year.
The Anzisha Prize is a partnership between African Leadership Academy and The MasterCard Foundation.
The 12 Anzisha Prize finalists were hand-picked from an applicant pool of 550 entrepreneurs from 32 African countries. Now in its sixth year, Anzisha Prize celebrated these outstanding young people at an exclusive, invitation-only ceremony on Tuesday 25 October 2016 in Johannesburg.
The 12 finalists presented their ventures to a panel of judges after spending ten days in a business accelerator camp to strengthen business fundamentals. They join a now 67 strong pool of Anzisha Fellows and will receive ongoing business-consulting support, access to experts, and access to networking opportunities to enable sustainable venture growth.
Applications for the next cycle of the Anzisha Prize will open on 15 February in 2017. Nominations for promising youth entrepreneurs are welcome all year round.