Congratulations to the Finalists of the Milken-Motsepe Prize in FinTech!
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Africa Science News: Winners of the Milken-Motsepe Prize in Green Energy Announced

The Milken Institute and the Motsepe Foundation announced the winners of the Milken-Motsepe Prize in Green Energy, a $2 million innovation competition to reward entrepreneurs working to expand access to reliable, affordable, and sustainable off-grid electricity in Africa. The winners were announced at the Milken Institute Global Conference in Los Angeles.

Aftrak, an initiative based out of the UK and Malawi, was awarded the $1 million Grand Prize for its easily assembled solar microgrid and custom-designed tractors, which have tripled agricultural yield, increased farmer incomes, and provided electricity to remote communities. The runner-up award of $250,000 was presented to South Africa-based OMNIVAT for its containerized electricity generation and storage system, which provides clean water, clean energy, and Wi-Fi enriched by virtual reality support for remote communities.

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Africa Business: Driving Financial Inclusion in Nigeria: Adeshina Adewumi of Trade Lenda on Empowering Small Businesses

Adeshina Adewumi, founder of Trade Lenda and a semi-finalist in the Milken-Motsepe Prize in FinTech, delves into the inspiration behind his team’s mission to enhance financial inclusion for small businesses in Nigeria. In this revealing interview, Adewumi explains how Trade Lenda’s solution uniquely addresses challenges faced by underserved communities and differentiates itself from other innovations in the fintech space.   Read and watch the full interview here.

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Africa Business: Redefining Financial Systems: Meghan McCormick of Oze on the Power of African-Led FinTech Innovations

Meghan McCormick, co-founder of Oze and a semi-finalist in the Milken-Motsepe Prize in FinTech, discusses the transformative potential of African-led fintech innovations in reshaping global financial systems. In this exclusive interview, McCormick highlights inspiring success stories from the competition, sharing insights into how these standout innovations can serve as blueprints for the future of fintech. She also emphasizes the importance of sustainability and long-term economic impact, explaining how the competition supports participants beyond prize funding.   Read and watch the full interview here.

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