Congratulations to the Semifinalists of the Milken-Motsepe Prize in FinTech!
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Africa’s Green Economy Summit: Milken-Motsepe Green Energy Prize Winner: “Aftrak Solves Economic and Green Energy Challenges and Produces A Zero Carbon Energy Solution Accessible To Nearly Everyone”

EXCLUSIVE INTERVIEW WITH JONATHAN WILSON, AFTRAK PROJECT LEAD, THE WINNERS OF THIS YEAR’S MILKEN-MOTSEPE GREEN ENERGY PRIZE OF $1-MILLION. HE IS ALSO A LECTURER IN SYSTEMS AND MECHANICAL ENGINEERING AT LOUGHBOROUGH UNIVERSITY.

AFTRAK IS A GROUNDBREAKING INITIATIVE THAT COMBINES SOLAR MICROGRIDS AND TAILORED TRACTORS TO EMPOWER SMALLHOLDER FARMERS ACROSS AFRICA. IT AIMS TO SIGNIFICANTLY INCREASE CROP YIELDS AND SMALLHOLDER INCOMES WHILE PROVIDING ACCESS TO CLEAN, GREEN ELECTRICITY IN RURAL COMMUNITIES.

CONGRATULATIONS ON WINNING THE MILKEN-MOTSEPE GREEN ENERGY PRIZE! CAN YOU SHARE A BRIEF OVERVIEW OF YOUR INNOVATION AND ITS IMPACT ON EXPANDING ACCESS TO SUSTAINABLE ELECTRICITY IN AFRICA?
We’re obviously thrilled to bits to win the Milken-Motsepe Prize for Green Energy. Our innovation is around a socio-economic solution to both energy access, but also agriculture and food scarcity. So, we have a system that comprises of three main parts. The first one is a microgrid, and we put loads of work into this microgrid. We’ve designed it to be super low cost, really easy to deploy across Africa, really easy to ship and assemble on site. So, it’s a brand new product, but it’s also modular, which allows us to deploy on much smaller scales for small communities without the traditional on cost you would get for a full-scale microgrid deployment.

 

Read the full interview here.

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Engineering News: How an AgriTech Prize Helped Me Realise My Life’s Work

By: Diana Orembe – Founder and CEO of NovFeed When I was a child, I witnessed firsthand my uncle’s struggles as a fish farmer. Growing up on his farm, I saw the immense effort he put into his work, only to be met with financial challenges due to the high cost and inconsistent quality of the feed stock. I later learnt my uncle was not alone, and that African farmers across the spectrum faced similar productivity challenges. This inspired me to find a way to create meaningful change in the African agricultural sector. During my second year at university, while conducting research on the application of microbes as feed, I revisited fish farms and found that the same issues my uncle faced were still around, even ten to fifteen years later. Farmers were investing heavily in feed, often imported and expensive, which cut deeply into their profits. Seeing that these issues

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Vox Africa: Milken-Motsepe Prize in FinTech Announces 10 Semifinalists

The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech (https://apo-opa.co/3Y0GSEY), 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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