Giwa Tubosun of Lifebank wins $250,000 in Grandprize at Alibaba Netpreneur

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Alibaba’s visit to Nigeria has been a fruitful one since day one and just at the inaugural Africa Netpreneur Prize Initiative (ANPI), a Nigerian startup owner climb to the top to win prize at the Alibaba-funded initiatibe to the tune of $250,000

Two days after he met with the Nigeria VP, Yemi Osibanjo– Mr Jack in an attempt to commit to his words to the VP, was present at the inaugural ANPI, an Alibaba initiative for startups across Africa.

During the program that was hosted in Accra Ghana, A Nigerian– Temie Giwa Tubosun was fortunate enough to win the first prize up to the tune of $250,000. Temie who is the founder and CEO of lifebank represented her startup copany in this year’s edition of the jack Ma flagship entrepreneure program that first kicked in 2017.

Following on the top finalist is Nawah Scientific – an Egytian startup, and Water Access Rwanda, who both had a share cut of the total $1 million grand prize, winning $150,000, and $100,000 respectively.

Thebremaining $500 million was shared respectively by seven other finalist out of which Nigerian startups dominated. Other finalist include;

-Thrive Agric (Nigeria)
-DrugStoc (Nigeria)
-Black Swan Tech Ltd. (Nigeria)
-UZURI K&Y (Rwanda)
-J-Palm Liberia (Liberia)
-Afrikrea.com (Ivory Coast)
-Mumm (Egypt).

All ten startups pitched to four judges among which Jack Ma was the lead alongside other business moguls including Econet Wireless founder and chairman, Strive Masiyiwa; Chairperson, First Bank of Nigeria, Ibukun Awosika; Executive Vice chairman, Alibaba Group, Joe Tsai.

Meanwhile, the Chinese billionair was in Nigeria during tge course of the week. On his first visiting day in Nigeria, panneled in the just-concluded NDES, sharing his awesome experience as an independent entrepreneur, and how Nigeria can grow to become a economy-driven nation.

Also, Jack paid a visit to the Aso Rock- Presidential Villa, where he met with the Vice President, Yemi Osibanjo, discussing opportunities that could be optimized in the country. According to him, his primary focus as well as other investors that could be interested in Nigeria will evolve around what he termed as ‘Four Es’. E- infrastructure, Entrepreneur, E-governance, Education. All of which are the potential opportunies for investors to venture in.

Jack Ma have had a keen focus on Africa lately, and his contribution so far has been a remarkable one.

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