Boma Prize for Africa

CELEBRATING AFRICA'S LARGEST
SOCIAL IMPACT MOVEMENT

Welcome to the Boma Prize for Africa

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We are making a significant impact in Africa, Diaspora, and the World.

Young Entrepreneurs Funded

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Entrepreneurs Benefited Indirectly

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African Countries Impacted

Introducing the prize competition

The goal of the Boma Prize for Africa is to promote empathy, education and empowerment on the African Continent. The Boma Prize provides a platform for small business owners, startups, and young entrepreneurs to bring their dreams to fruition through a virtual and in person pitch contest.

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Join the Cause!

Together we can foster sustainable development on the African Continent.

Let’s make the SDGs a reality across Africa. Our gift to posterity!

We Work in Africa

We are leading the largest social impact movement on the African Continent. Our projects are developed on the foundations of the SDGs goals.

Celebrating the Potential in Africa

Highlights from the BPFA 2024 Edition

The Competition

Here are the stages of the Boma Prize for Africa

Qualifier

There are two ways to qualify and apply for the Boma Prize for Africa! You can join after successful completion of the Boma Entrepreneurship Program or the Boma Entrepreneurship Masterclass.

Regional Competition & Finalist

Participants who take the Boma Entrepreneurship Program will be required to participate in all in-person pitch contest in their respective countries. This event will be organised and coordinated by the Boma Prize for Africa Country representatives and the top three finalist from each Country will proceed to participate in the semi-finals. Applicants who chose the masterclass route, will go straight into the semi-finals, after the eight weeks masterclass program.

Semi-Finals

The semi-final event will be a virtual event. All regional finalists will pitch, to secure a spot into the BPFA accelerator Program.

BPFA Accelerator

In September, our finalist teams, consisting of both the BEP and BEM entries, will connect with BPFA mentors. They will spend two months refining their business ideas and scalability, through virtual sessions. At the end of the accelerator, the finalists will be nominated by their respective coaches to pitch at the finals event in Ghana.

Finals

The finalist from the accelerator program gets an all-expense paid trip, to support their in-person final pitch. This is a live presentation in front of judges in Accra, Ghana. At the end of this presentation, the judges will decide on the winners.

SMEs are the Pillars of the African economy

The Theme for the 2025 Boma Prize for Africa Awards is: BORDERLESS INNOVATION

The Problem

As the market dynamics are changing especially with the advent of Covid 19, SMEs continue to face a lot of challenges. These include rising cost of doing business by 63%, rising cost of goods and services by 75%, reduction in staff retention by 42%, difficulty in accessing finances, low training and upskilling of staff and low digitalization of business. (Master Card, 2023)

The Solution

This challenge is targeted at finding ways to eradicate the challenges facing SMEs in Africa. This will directly contribute to the United Nations goal of poverty eradication by 2030. We can achieve this, by amassing adequate support from like minded people like you, as we work together to inspire potentials in Africa to think of new innovative ways of doing business in Africa and bridging the gap with Africa and the rest of the world.

The Boma Prize for Africa is an initiative of Boma Consult LLC.

This Project is designed to project and empower the potential in Africa, through a series of community empowerment projects across several industries and an annual MSME pitch contest. This year, we are focused on creating impact without borders.

Our theme for this year’s project is BORDERLESS INNOVATION. We are welcoming all innovations and ideas, inline with any of the United Nations sustainable development goals and from any African counrty on the African continent.

We aim to promote and project the potential of our beloved ocntinent through our work in Africa.

The Boma Prize is open to participants across the 54 African countries.

More about Boma Consult LLC

2025 Application for the Boma Prize for Africa is Now Open

Our yearly competition challenges small businesses, entrepreneurs, and startups to show the viability and scalability of their businesses.

REGISTRATION NOW OPEN

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