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Business Wire: The 2024 Milken Institute Global Conference Opens May 5, Convening Global Leaders to Discuss Strategies Aimed at Shaping a Shared Future

LOS ANGELES–(BUSINESS WIRE)–The 2024 Milken Institute Global Conference opened on Sunday, May 5 and drew more than 5000 attendees, including global leaders, C-suite executives from Fortune 500 companies, experts and innovators to discuss strategies aimed at shaping a shared future.

Attendees learnt about the Milken Institute’s impactful programmatic work and global partnerships in health, finance, and philanthropy with noteworthy events during the conference, including the announcement of grand prize winners of the $1 million Milken-Motsepe Prize in Green Energy, a partnership with the Motsepe Foundation to incentivize entrepreneurs around the world to expand access to reliable, affordable, and sustainable off-grid electricity across Africa;

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Africa Business Communities: Milken-Motsepe Prize Program launches $2 million AI & Manufacturing Challenge

Building on a track record of innovation in AgriTech, FinTech, and Sustainability, the Milken Institute and the Motsepe Foundation have unveiled their boldest challenge yet: the Milken-Motsepe Prize in AI and Manufacturing. With $2 million in total prize money, including a $1 million Grand Prize, the global competition aims to catalyze cutting-edge solutions that harness artificial intelligence, data analytics, and smart manufacturing to transform Africa’s industrial landscape. The announcement was made during the 2025 Milken Institute Global Conference, where the prize was positioned as a game-changer for local production, supply chain resilience, and inclusive job creation across the continent. Read the full article here.

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August 7, 2025
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$2 Million Milken-Motsepe Prize Launched to Spur AI-Driven Manufacturing in Africa

A new $2 million equity-free prize program, backed by South African billionaire Dr. Patrice Motsepe and the Milken Institute, is placing artificial intelligence and manufacturing at the heart of Africa’s technology ambitions. Unveiled at the 2025 Milken Institute Global Conference in Los Angeles, the Milken-Motsepe Prize in AI and Manufacturing marks the fourth—and most ambitious—edition in a growing series of innovation challenges designed to tackle Africa’s structural issues through technology. This round turns a sharp focus to artificial intelligence and smart manufacturing—two sectors where African participation has remained limited despite strong global momentum. Read the full article here.

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July 16, 2025

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