Congratulations to the winners of the Milken-Motsepe Prize in Green Energy!
The Milken-Motsepe Prize in FinTech is now open for registration!

Milken-Motsepe Prize Vision Statement

The Milken-Motsepe Innovation Prize program was born out of a deep faith in human ingenuity and innovation, and a belief that global challenges facing humanity today cannot be solved without including the capabilities and voices from around the world. We aim to contribute to a world in which people work across borders and specialties to harness the power of imagination and new technologies to build a better future. We are offering prizes and programming to incentivize new voices—perhaps the unexpected, the bold—to bring fresh ideas for a more resilient, more equitable, and more sustainable future.

Technology has altered virtually every element of our lives at a rapid pace. It offers new challenges and abundant opportunities. Harnessing the power of technology for good allows us to finally break through and scale solutions for the toughest global challenges. Fourth Industrial Revolution technologies—such as artificial intelligence, 3D printing, robotics, cloud computing, and the Internet of Things—can transform Africa into a global powerhouse. However, Africa still lags behind other regions on many indicators of technology, and the global community needs to be intentional and focused on closing this technological divide. Paired with the needed infrastructure and skills for innovation and technology use, the Fourth Industrial Revolution represents a massive opportunity for growth across the continent.

We have structured this program to be beneficial to all who compete. The prize is meant to incentivize action through competition but also collaboration. As soon as someone signs up, they are able to connect with people from around the world with different skills and are given access to free resources to support them on their entrepreneurial journey. Throughout the competition, we provide opportunities to connect, grow, learn, get your ideas seen, and, hopefully, funded!

We have linked our work to the UN Sustainable Development Goals (SDGs). These Global Goals were adopted by all UN Member States in 2015 as a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030. The SDGs are articulated through 17 urgent objectives with specific suggested actions to reach each goal. Our work therefore is to determine which pieces of the problem are actionable and solvable, to determine the specific root-cause market failures and opportunities, and then to focus global innovators on solving that specific problem.

Prizes inspire action and reward innovation and data-driven results to inspire, empower, and support new ideas. There is limitless potential ready to be unlocked. Join us as we build a better future, together.

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Engineering News: Award-winning Omnivat to roll out pilots of containerised electricity generation and storage system

Renewable energy technology company Omnivat Tech, the creator of an award-winning containerised electricity generation and storage system, aims to deploy three in-field pilot plants in the coming months. The company intends to trial different use cases, including health facility support, backup power and community-owned models. “We are a pan-African team with a pan-African vision. We will deploy our initial systems in South Africa and will be developing a pipeline across sub-Saharan Africa. We are open to public- and private-sector customers and intend to collaborate with both to meet the needs of communities, facilities and businesses,” says Omnivat.   Read the full article here

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The Kenya Times: Two African Entrepreneurs Win Ksh261 million Green Energy Global Award

The Milken Institute and the Motsepe Foundation announced the winners of the Milken-Motsepe Prize in Green Energy at the global conference held by the institute in Los Angeles. The $2 million (Ksh 261,500,000) innovation competition seeks to recognize entrepreneurs striving to enhance access to reliable, affordable, and sustainable offgrid electricity in Africa. One of the winners is Aftrak, an initiative based in both the United Kingdom (UK) and Malawi. Aftrak received a Grand Prize of $1 million for its solar microgrid which is easily assembled, and custom-designed tractors.   Read the full article here.

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Best Mag: Solar and battery powered tractor for Africa gets award

Aftrak, an initiative based out of the UK and Tiyeni of Malawi, a Malawian non-government organisation has won the Milken-Motsepe prize for green energy. Modern farming is energy consuming as most machines are powered with fossil fuels. However, the last decade has seen a strong trend towards a more sustainable agricultural infrastructure. The outcome is an easy-assembled revolutionary solar and lead-battery-powered tractor, supporting sustainable farming in Africa that has won a major international environmental prize, the Milken-Motsepe prize for green energy. The project has been co-founded by the Consortium for Battery Innovation (CBI) and the global lead battery manufacturer Clarios, based in Wisconsin, and owner of battery brands like Varta and Optima. The team is led by Loughborough University in the UK.   Read the full article here.

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