Kenyan entrepreneur Catherine Mahugu has been listed among five other entrepreneurs to win the inaugural One Young World Entrepreneur of the Year Award 2019.
Catherine Mahugu is the founder of Soko, an innovative e-commerce fashion platform that allows local artisans to sell handcrafted jewellery directly to the consumer and delivers products to offer 450 retailers worldwide including Nordstrom, Espirit, and Fossil.
She also runs Chiswara, an AgriTech venture that partners with coffee farmers to sell Kenyan coffee to the international market but also
She is among five young leaders that were selected by a panel of respected international business figures from a shortlist of 20 young entrepreneurs from around the world.
Marisa Drew, Judge and CEO of the Impact Advisory and Finance (IAF) Department of Credit Suisse commenting on the Award, “It has been such an inspiration to witness the incredible creativity, entrepreneurial spirit and real impact that this group have demonstrated with the businesses that they have created. These entrepreneurs have found new, underserved or poorly-served markets and have come up with innovative ways to deploy their talents toward creating businesses with the ability to scale and become the disruptors in their field.”
The One Young World Entrepreneur of the Year Award was created to identify and promote 5 of the world’s most revolutionary entrepreneurs aged 35 and below who are having a positive global impact and inspiring others with their leadership.
The winners are chosen based on the impact they are having on their field and their demonstration of the importance of entrepreneurship as a way to effect positive change.
A software engineer by profession, Catherine Mahugu has been recognized locally and globally for her entrepreneurial work, including Forbes 30 Under 30 2016, BBC 100 Women, A Leader of Tomorrow at the St.Gallen’s 44th Symposium in Switzerland 2014 among others.
The winners will be presented with the Award at the One Young World 2019 Summit taking place in London, 22 -25 October.