Zimbabwe’s MoneyMart Finance are among 50 finalists in Jack Ma’s “Africa’s Business Heroes” initiative

See the source image

Africa’s Business Heroes (ABH), is a competition set up by Alibaba Group co-founder Jack Ma under his African Netpreneur Prize Initiative (ANPI). ABH wants to identify entrepreneurs making an impact in their communities and to build an inclusive economy for the future.

The 2020 edition had 22 000 applicants from twenty-one countries, half of the applicants were female and in a wide range of fields including, artificial intelligence, e-commerce, health, renewable energy fashion and ICT.

From the pool of applicants ABH has narrowed them down to 50 finalists. Among those finalists is Zimbabwean financial solutions company Money Mart Financing.

No alternative text description for this image

What is Money Mart Financing?

Money Mart Financing is a micro-finance business that is run by Ethel Chiwara-Mupambwa. They say they have unique solutions and well researched solutions to address the issues such as financial exclusion for entrepreneurs, providing energy to rural areas and in vulnerable communities.

Their website says that they have more than 5000 clients, the majority of them being women, they have disbursed loans of over 3 million dollars and have installed solar lighting in more than 500 homes.

Their head office is in Harare, but they also have branches in Mbare, Mutare, Bindura, Gweru, and Mhondoro.

Hearty congratulations to Money Mart Finance and wish them all the very best in the final stages of Africa’s Business Heroes.


GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

Are you an entrepreneur? Share your story with us and get featured on our platform send us an email

Emerging Opportunities In Growth Sectors Amid Covid-19 Crises

With the Covid-19 pandemic pushing the global economy (Nigeria inclusive) to record decline, creativity and innovation in goods and services have become very imperative and necessary, perhaps the competitive advantage factor. Opportunities for productivity and economic optimization abound in sectors like healthcare, agriculture and food, manufacturing, ICT amongst others. Read more

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email:

Related Articles

One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button