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African Business: Winners of the Milken-Motsepe Prize in Green Energy Announced During Opening Session of Milken Institute Global Conference

Prize program awards Aftrak the $1 million Grand Prize to advance green energy in Africa; OMNIVAT awarded runner-up prize of $250,000; The organisations also launch a new FinTech Award in the next installation of the Prize program; winners will be selected in May 2025. The Milken Institute and the Motsepe Foundation announced the winners.

Prize program awards Aftrak the $1 million Grand Prize to advance green energy in Africa; OMNIVAT awarded runner-up prize of $250,000; The organisations also launch a new FinTech Award in the next installation of the Prize program; winners will be selected in May 2025.

The Milken Institute (https://apo-opa.co/44yU0nF) and the Motsepe Foundation today 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.

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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.

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October 17, 2024
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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.

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October 17, 2024
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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.

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October 16, 2024

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