GBSN is excited to announce the 4th annual Africa Business Concept Challenge (ABCC), a virtual competition for African undergraduate and graduate students.

Africa Business Concept Challenge 2024 ( 5,000 prize)
Africa Business Concept Challenge 2024 ( 5,000 prize)

This challenge encourages student teams to formulate a feasible business concept that tackles a locally relevant challenge or issue related to Agenda 2063, inclusive, and sustainable development.

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The Africa Business Concept Challenge aims to support young individuals on the African continent with an entrepreneurial mindset, a commitment to community service, and the embodiment of outlined values.

Focusing on responsible business practices, the competition identifies promising young talents for mentorship and potential investment.


1. $5,000 Prize: The first-place winner receives a $5,000 prize.

2. Societal Impact: Participants have the opportunity to address local community problems.

3. Networking: Engage with student teams worldwide and connect with experienced entrepreneurs and industry professionals.

4. Mentoring & Industry Experts: Benefit from guidance provided by high-caliber, experienced judges who are accomplished entrepreneurs and industry leaders.

5. Structure, Feedback & Guidance: Teams receive personalized feedback during the project development process from Team Advisors.


– Open to all learning institutions on the African continent.
– Student teams should comprise two to five members, with at least two members enrolled at an African institution during the competition. Interdisciplinary teams are encouraged.
– Each participating team must have a mentor for guidance and enrichment of the learning experience. The ABCC aims to create a community platform for learning and mutual support.
– GBSN Membership is not a requirement, and there is no participation fee.

Project Requirements

All projects must address:
– A community challenge or need
– A business solution
– A viable business concept
– Implementation and impact of the proposed business solution

Deadline: March 5, 2024