The Milken-Motsepe Prize Program awards Aftrak the $1 million Grand Prize to advance green energy in Africa. OMNIVAT was awarded runner-up prize of $250,000
The Milken Institute and the Motsepe Foundation also launched a new FinTech Award in the next installation of the Prize program; winners will be selected in May 2025
Read the full article here.
Read the full article here
A new $2m equity-free prize programme, backed by South African billionaire Dr. Patrice Motsepe and the Milken Institute, is putting AI and manufacturing at the centre of Africa’s tech ambitions. Announced at the 2025 Milken Institute Global Conference in Los Angeles, the Milken-Motsepe Prize in AI and Manufacturing is the fourth and most ambitious iteration of a growing innovation challenge series focused on solving Africa’s structural challenges through technology. This time, the focus is squarely on artificial intelligence and smart manufacturing — areas that have so far seen only limited African participation despite their global momentum. Read the full article here.
Development think tank the Milken Institute and philanthropy organisation the Motsepe Foundation have announced the Milken-Motsepe Prize in AI and Manufacturing. The challenge calls on entrepreneurs worldwide to deploy AI, data analytics and smart-factory technologies that can localise production, reinforce supply chain resilience and create high-quality jobs across Africa. The challenge will award $2-million in total, including a $1-million grand prize, and seeks breakthrough solutions that, in combination, can harness advanced technologies to optimise production, reduce waste and localise value chains. It is also looking for solutions that encourage models that promote equitable access to essential goods, such as healthcare, food processing, affordable construction materials, as well as solutions that unlock job creation and export potential across African economies. Read the full article here.
730 15th St NW
Washington, DC 20005
730 15th St NW
Washington, DC 20005