ALIBABA IN AFRICA, SHOULD WE SMILE?


alibaba's chair Jack Ma
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  • Written by:

    Dan Mwangi

    dan@mtkenyatimes.co.ke
    Alibaba is an e-commerce platform developed by Chinese billionaire Jack Ma Having and is currently one of the biggest e-commerce success stories in the world. Ma Is an iconic business figure who is listed as amongst the world’s most powerful and richest people by Forbes. He registered the Jack Ma Foundation to foster entrepreneurial initiatives, including this one.

    Since then the philanthropist has been travelling across the continent financing enteprenual endeavours by different people in the continent. Recently  he was in South Africa for the first time for the launch of a new initiative for African entrepreneurs with $10-million in funding.  Dubbed the Netpreneur Prize, it aims to build a community of 100 young, African entrepreneurs by 2030 who will receive grants totaling $10 million.

    Ma delivered a keynote address about the Netrepreneur Prize and his vision for entrepreneurship in Africa as part of the “Netpreneurs: Rise of Africa’s Digital Lions” conference in Johannesburg. Known as a colorful businessman, Ma’s love of ……Subscribe to Readmore………

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