The founder of e-commerce juggernaut Alibaba, Jack Ma, will be in South Africa for the first time ever this week.

While Ma will likely want to see some of the sights as he did in Zimbabwe at the weekend, that isn’t the whole purpose of his trip.

The Alibaba founder will be speaking at the Netpreneurs: The Rise of Africa’s Digital Lions conference hosted by the United Nations Conference on Trade and Development. The conference is being held at the Linder Auditorium in Johannesburg and it will look at the challenges and opportunities Africa faces in a digital world.

During the conference Ma will be presenting a keynote on his vision for entrepreneurship for Africa but that’s not all he will be doing.

Ma will also launch the Netpreneur Prize, an initiative which will seek to create a community of 100 young entrepreneurs by 2030. These entrepreneurs will receive grants totalling $10 million.

Other topics that will be covered including how best to allocate capital,

The conference will happen on 8th August (Wednesday) at which point we will learn more about the Netpreneur Prize and how local entrepreneurs can apply to be a part of the initiative.

 

[Image – CC BY 2.0 ITU Pictures]