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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.

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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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February 4, 2025
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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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February 4, 2025

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