Congratulations to the Semifinalists of the Milken-Motsepe Prize in FinTech!
green energy hero

IT WEB Africa: Milken-Motsepe prize green energy winners announced

The Milken Institute and the Motsepe Foundation have announced the winners of the Milken-Motsepe Prize in Green Energy, a $2 million innovation competition designed to reward entrepreneurs seeking to increase access to dependable, cheap, and sustainable off-grid energy in Africa.

The awards were recently announced during the Milken Institute Global Conference in Los Angeles, USA.

Aftrak, a UK and Malawi-based venture, won the $1 million grand prize for its readily installed solar microgrid and custom-designed tractors, which tripled agricultural productivity, raised farmer earnings, and brought electricity to isolated communities.

Read the full article here.

More News

News clips

Milken-Motsepe Prize in FinTech Announces 10 Semifinalists ($1M)

The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call for applications, this prize supports innovative solutions to expand access to tools necessary for financial inclusion across emerging and frontier markets.   Read the full article here.

Read More »
News clips

ITWeb: 10 firms compete for the Milken-Motsepe fintech challenge grand prize

One of the 10 fintechs that advanced to the semi-final phase of the Milken-Motsepe Fintech Prize will receive a $1 million grand prize during the Milken Institute’s Global Conference in Los Angeles in May. The Milken Institute and the Motsepe Foundation yesterday announced the 10 teams advancing to the semi-finals, with each team receiving $100,000 in funding. According to the organisers, the Fintech Prize challenge encourages innovative ways to increase access to financial inclusion tools in emerging and frontier markets.   Read the full article here.

Read More »
News clips

Bluefield Daily Telegraph: Milken-Motsepe Prize in FinTech Announces 10 Semifinalists

WASHINGTON–(BUSINESS WIRE)–Oct 16, 2024– The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call for applications, this prize supports innovative solutions to expand access to tools necessary for financial inclusion across emerging and frontier markets. The Semifinalists will participate in an Innovation Showcase at the Milken Institute’s Middle East and Africa Summit December 5-6, 2024, in Abu Dhabi, UAE. During this event, the 10 teams will pitch their innovations to a panel of expert judges and investors, and three teams will be selected to move on to the final round of the prize. The judges will evaluate the pitches based on the teams’ ability to deliver solutions that improve financial inclusion for under-resourced groups in emerging and frontier markets.   Read the full article here.

Read More »