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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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Launch Base Africa: Billionaire-Funded Program Offers $2m Equity-Free to African AI & Manufacturing Startups

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.

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Engineering News: Milken-Motsepe launches $2m Africa AI, manufacturing challenge

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.

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