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

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.

More News

News clips

PCTech: Farmpawa Secures $100,000 as a Semi-Finalist in the 2024 Milken-Motsepe Fintech Prize

The Milken Institute and Motsepe Foundation has announced 10 teams that will share USD$1 million (approx. UGX3.67 billion) in total funding to support financial inclusion efforts for small businesses in emerging markets —having emerged as semi-finalists in the 2024 Milken-Motsepe Prize in Fintech. Each team will receive USD$100,000 (approx. UGX367 million). Farmpawa (from Uganda) is among the 10 semi-finalists. The other semi-finalists are from Ethiopia, Ghana, Kenya, Nigeria, and the United Kingdom. Read the full article here.

Read More »
News clips

Emerging Brand Africa: Milken Institute and Motsepe Foundation Announce Semifinalists for $2M FinTech Prize

The Milken Institute and Motsepe Foundation have revealed the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech. Each team will receive $100,000 in funding to develop innovative financial solutions. These teams responded to a global call for applications, aiming to expand financial inclusion in emerging and frontier markets. They will showcase their innovations at the Milken Institute’s Middle East and Africa Summit in Abu Dhabi, UAE, on December 5-6, 2024. Read the full article here.

Read More »
News clips

Africa Business Communities: [South Africa] Milken-Motsepe prize in fintech semifinalists announced

The Milken Institute and the Motsepe Foundation has 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 on December 5-6, 2024, in Abu Dhabi, UAE.   Read the full article here.

Read More »