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Kigali hosts Africa's Business Heroes summit

10 entrepreneurs will pitch for $1.5 million in grant funding at the December 1-2 event.

Rwanda's capital, Kigali, will host the 8th Africa's Business Heroes (ABH) Summit and Grand Finale on December 1-2. Over 24,000 applications from across Africa were received, with 10 founders reaching the final stage.

The finalists will pitch their established businesses live to judges for a share of $1.5 million in grant funding, including $300,000 for the overall winner. The entrepreneurs represent eight countries, with four women among the finalists, and their average age is 35.

Day one of the summit will focus on "Defining Africa’s Intelligence," exploring AI and innovation, followed by the live pitch competition on day two. Judges include Dr. Diane Karusisi, CEO of Bank of Kigali, and Shola Akinlade, Co-founder & CEO of Paystack.