Congratulations to the Finalists of the Milken-Motsepe Prize in FinTech!
Milken-Motsepe Green Energy Prize

Meet the Finalists: Stories from the Field: Milken-Motsepe Prize in Green Energy

The Milken-Motsepe Prize in Green Energy competition launched at the Milken Institute Middle East and Africa Summit in November 2022. Aiming to reward innovators working to expand access to reliable, affordable, sustainable energy in Africa, more than 160 teams from around the world entered, and 20 semifinalist teams from 36 countries were chosen to prove the effectiveness of their ideas in field tests. Five finalists, including the teams below, were selected to advance in the competition and deploy their technologies in a live demonstration in South Africa in February 2024.

In addition to receiving funds to test their innovations and a variety of special benefits, finalists are competing for the $1 million Grand Prize, which will be announced at the Milken Institute Global Conference in May 2024.

Meet the finalists, and learn more about what inspired them to participate in this one-of-a-kind competition program here.

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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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