Connect with us

Business

Generation Africa awards US$100,000 to two young agripreneurs from Kenya and Uganda

Published

on

Generation Africa

The fourth annual GoGettaz Agripreneur Prize reached nearly six million people during the entry window from 19 April to 6 June 2022

KIGALI, Rwanda, September 9, 2022/APO Group/ — 

After impressive on-stage pitches to an expert panel of judges earlier this week, Esther Kimani founder of FarmerLifeLine Technologies in Kenya and Mark Musinguzi founder of Hya Bioplastics in Uganda each received a US$50,000 grand prize at the African Green Revolution Forum’s (AGRF) at its Gala Dinner and Africa Food Prize Awards Ceremony attended by H.E. President of Rwanda, Paul Kagame and a host of other African heads of state, dignitaries, and esteemed food systems experts from across the world.

With 12 top-class finalists in this year’s GoGettaz Agripreneur Prize Competition, four additional Impact Awards winners were merited and will receive US$2,500: Eloge Niyomwungere, founder of Best Food Solution in Burundi, Nancy Iraba co-founder of Healthy Seaweed Company in Tanzania, Noël N’guessan co-founder of LONO in Côte d’Ivoire, and Seynabou Dieng, co-founder of Maya Sarl in Senegal.

“These young entrepreneurs are the in the midst of a food revolution. Their ventures are making a positive impact on their communities, their environment, and the local economy,” remarked Ms. Fernanda Lopes, Executive Vice President for Asia & Africa, Yara International, who awarded the winners on behalf of the Generation Africa co-founders.

Emerging victorious among the women agripreneurs, Esther Kimani and her company FarmerLifeLine Technologies invented a device that helps Kenyan farmers to get ahead of pests and pathogens with a proprietary disease detection device that leverages solar-powered cameras, Artificial Intelligence, data analytics, and machine learning.

Among the men, grand prize winner Mark Musinguzi of Hya Bioplastics wants to lead Africa in sustainable food packaging with an innovative biodegradable product solution that provides a cost competitive alternative to petroleum-based plastic packaging.

Generation Africa co-founder Svein Tore Holsether, CEO and President of Yara International, delivered keynote remarks at the final pitching contest to thank the finalists for their visionary work, remarking: “Once again, I am so impressed with the finalists. They are all truly inspiring and I see them as leaders and role models in a world that so desperately needs that kind of drive and dedication to solve the staggering global challenges we are faced with.”

AGRF Chair Emeritus Strive Masiyiwa, Generation Africa co-founder and Executive Chairman of Econet and Cassava Technologies, joined Holsether via video message to motivate the contestants to use their entrepreneurial spirit for positive impact: “From amongst you, are the very people who are going to save our continent and ensure that millions of people do not starve, ensure that millions of other people will be able to overcome the challenges created by climate change. […] The true winners are not going to be because you got a prize, but because you were inspired and encouraged to go on to do greater things with your entrepreneurial venture, and that you reached out where the need was greatest, and the help was least,” Masiyiwa said in a heartfelt appeal.

Embodying the spirit of Masiyiwa’s message, Generation Africa also recognized four Impact Award Winners for each venture’s potential to empower communities and protect the environment.

For Senegalese Seynabou Dieng, the company she co-founded, Maya, is much more than a food processing company. By partnering with small-scale local farmers in Mali, this 80% women-staffed company gets the best local ingredients to manufacture their proudly African sauces, spices, mixes, and dried fruits.

Nancy Iraba founded Healthy Seaweed Company to boost the livelihoods for women seaweed farmers in Zanzibar and to bring the health benefits of seaweed home through local value-addition and the promotion of seaweed as a sustainable and highly nutritious food source.

Noël N’guessan of LONO co-founded his business to focus on healthy soil. One of its products, KubeKo, helps farmers in Côte d’Ivoire to unlock value from their waste. This easy-to-use biogas composting system generates 2hrs of cooking gas and 50l of liquid fertilizer from 5kg of organic waste per day.

Eloge Niyomwungere and his business Best Food Solution processes chillies into oil, powder, and dried chillies for local and export markets. He founded his company to revitalise Burundi’s chilli industry by supporting smallholder farmers with quality inputs and guaranteed offset. They even manufacture an organic chilli-based pesticide to protect yields.

Marking the first in-person GoGettaz Agripreneur Prize Competition since 2019, the twelve finalists were elated for the post-pandemic opportunity to build relationships with a global complement of delegates attending the 2022 AGRF summit. They enjoyed facilitated participation at the AGRF Agribusiness Deal Room where they could build face-to-face trust with future partners, investors, and clients. Corteva Agriscience, one of Generation Africa’s co-founders, sponsored the finalists in their travels to the live event.

“By bringing them to Africa’s biggest agriculture summit we hope to catalyse relationships between these youth agripreneurs and global leaders in the industry. The GoGettaz Agripreneur Prize, and the networks and connections that come with it, is designed to empower the youth generation to scale their impact-driven agrifood businesses in the fight for a sustainable, African food system. It is wonderful to see this powerful platform back in action,” said Barbra Muzata, Head of Corporate Communications and Brand at Corteva Agriscience.

The fourth annual GoGettaz Agripreneur Prize reached nearly six million people during the entry window from 19 April to 6 June 2022. Applications streamed in from 45 African countries with 10 countries represented amongst the Top 12 finalists.

“GoGettaz has grown into the biggest, youth-focussed, agripreneurship competition in Africa. Our entries are becoming more diverse every year,” said Dickson Naftali, Head of Generation Africa. “The GoGettaz Agripreneur Prize was conceived to spread a message of hope and opportunity in the agrifood sector. Seeing more youth with truly innovate solutions, building companies that create jobs in the food system, makes me really proud. They hold the future of our continent in their hands.”

The 2022 Gogettaz Agripreneur Prize Judging Panel

George Apaka, Agriculture Sector Lead at the Mastercard Foundation

Barbra Muzata, Head of Corporate Communications and Brand at Corteva Agriscience, Africa and the Middle East

Edson Mpyisi, Chief Financial Economist and Coordinator of the ENABLE Youth Programme at the African Development Bank.

Ellen Cathrine Rasmussen, Executive Vice President of Scalable Enterprises at Norfund

Zvichapera Katiyo, Group CEO of Delta Philanthropies

Jane Lowicki-Zucca, Senior Youth Advisor at USAID

Temi Adegoroye, Managing partner at Sahel Consulting

Jean Muthamia-Mwenda, Global Lead for Youth Employment and Entrepreneurship at SNV Netherlands

Generation Africa Co-Founders:

African Development Bank Group: https://www.AfDB.org/ 

Alliance for a Green Revolution in Africa: https://AGRA.org/

The AGRF:  https://AGRF.org/

Bayer:  https://bit.ly/3RuMPpi

Corteva Agriscience: https://www.Corteva.com/

Econet: https://www.Econetafrica.com/

Heifer International:  https://www.Heifer.org/ 

Norwegian Agency for Development Cooperation: https://www.NORAD.no/

Southern African Confederation of Agricultural Unions: http://www.SACAU.org/

Syngenta Foundation for Sustainable Agriculture: https://www.SyngentaFoundation.org/

U.S. Agency for International Development: https://www.USAID.gov/

Yara International: https://www.Yara.com/

Full List of the 2022 GoGettaz Agripreneur Prize Top 12

Women

Lawrencia Kwansah, Dent Agrisystems, Ghana:

These young entrepreneurs are the in the midst of a food revolution

http://DentAgrisystems.com

Dent Agrisystems empowers poor urban households in Ghana with its environmentally sustainable Aquaponics Hub. Its innovative solar-powered, IoT-integrated system makes it easy for anyone to farm fish and grow hydroponic vegetables.

Esther Kimani, FarmerLifeLine Technologies, Kenya:

http://FarmerLifeLine.co.ke

FarmerLifeLine invented a device that helps Kenyan farmers get ahead of pests and pathogens with a proprietary disease detection device that leverages solar-powered cameras, Artificial Intelligence, data analytics, and machine learning.

Nancy Iraba, Healthy Seaweed Company, Tanzania:

https://HealthySeaweedCafe.co.tz

Healthy Seaweed Company is boosting the livelihoods for women seaweed farmers in Zanzibar and bringing the health benefits of seaweed home through local value-addition and the promotion of seaweed products as a sustainable food source.

Seynabou Dieng, Maya Sarl, Senegal:

www.Maya-Mali.com

Maya is much more than a food processing company. By partnering with small-scale local farmers in Mali, this 80% women-staffed company gets the best local ingredients to manufacture proudly African sauces, spices, mixes, and dried fruits.

Yvette Dickson-Tetteh, Pure and Just Food, Ghana:

www.Yvayafarm.com

Pure and Just Food is all about climate-smart agro-processing that creates sustainable jobs, raises incomes, and protects the environment. They process and package dried fruit for Ghanaian and international markets.

Marie Ange Mukagahima, Zima Healthy, Rwanda:

http://ZimaHealthy.com 

Zima Healthy processes the pulp and seeds of organic pumpkins into healthy snacks, food ingredients, cooking oil and cosmetics. They employ youth and source their pumpkins from women and youth farmers in Rwanda.

Men

Julio Chilela, Agro Marketplace Kepya, Angola:

http://Kepya.co.ao

Kepya is an agribusiness innovation hub with a network of rural shops and an online e-commerce platform. Kepya is improving rural livelihoods by bringing agricultural services and products to smallholder farmers across Angola.

Eloge Niyomwungere, Best Food Solution, Burundi:

http://BFSolution.biz/

Best Food Solution processes chillies into oil, powder, and dried chillies for local and export markets. They are revitalising Burundi’s chilli industry by supporting smallholder farmers with quality inputs and guaranteed offset.

Denish Ogwang, Fidena Agri Limited, Uganda:

http://FidenaAgri.com    

Fidena Agri converts banana peels and eggshells into Eggo Farm, a low-cost organic fertilizer that gives crops the nutrients they need to boost yields by up to 45%. Its helping Uganda’s smallholder farmers to increase their profits.

Mark Musinguzi, Hya Bioplastics, Uganda:

www.HyaBioplastics.com  

Hya Bioplastics wants to lead Africa in sustainable, biodegradable food packaging. Its innovative business upcycles wasted agricultural fibres and casava starch into cost-competitive containers and fruit trays to replace plastic food packaging in Uganda.

Noël N’guessan, LONO, Côte d’Ivoire:

www.LONOCI.com

LONO designed an innovative system that helps farmers in Côte d’Ivoire to unlock value from organic waste with KubeKo. This easy-to-use biogas composting system generates 2hrs of cooking gas and 50l of liquid fertilizer from 5kg of organic waste per day.

Idoko Nnaedozie, Solaristique, Nigeria:

http://Solaristique.com.ng

Solaristique is a recycling company that is tackling Nigeria’s food waste problem with an innovative solution that repurposes old freezers into a range of low-cost, hyper-efficient, solar-powered cold storage units for off-grid use.

Distributed by APO Group on behalf of Generation Africa.

Business

African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

Published

on

African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Business

Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

Published

on

Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

Egalement disponible en Français

JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Business

Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

Published

on

UDPN

This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa

CAPE TOWN, South Africa, November 21, 2024/APO Group/ — 

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents (http://apo-opa.co/4fZNzyr) [1]. Over 350 million adults in Africa live on a cash-only basis (http://apo-opa.co/3Z2xBg6), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Universal Digital Payments Network (UDPN) (https://apo-opa.co/4g0POSt), the world’s leading global payments messaging network supporting regulated stablecoins and Central Bank Digital Currencies (CBDCs) and FORUS Digital (http://FORUS.Digital), a global leader in blockchain-based cooperative digital finance, are starting a strategic cooperation aimed at expanding financial inclusion and promoting tokenisation efforts across Africa.

This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa, with blockchain and decentralised finance at the forefront of this transformation. UDPN and FORUS Digital will collaborate to introduce the UDPN platform’s capabilities throughout Africa, initially in South Africa, Malawi, Zimbabwe and Ethiopia.

Sonny Fisher (https://apo-opa.co/4fVmRXZ), Founder of FORUS Digital (https://apo-opa.co/3YWJRih), remarked “Our partnership with UDPN accelerates our vision of economic empowerment through decentralised finance. Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development.”

“As we stand on the brink of a digital payments revolution, UDPN’s collaboration with FORUS Digital will play a crucial role in shaping a future where financial services are accessible, efficient, and secure for all Africans. This partnership is a testament to our belief that technology can be a powerful tool for development. By working together, we are paving the way for innovative financial solutions that will enhance economic resilience in African communities,” commented Christopher Ortiz (https://apo-opa.co/3UYIb6M), Member of Group Executive Board – North America, UK and APAC, GFT (https://apo-opa.co/4eBennO).     

UDPN is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins, tokenized deposits, and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.

Earlier this year the UDPN team launched three solutions designed to reshape the landscape of digital payments and assets in the financial sector:

  • Tokenised Deposit/Stablecoin Management System: A production-grade system designed for both commercial banks and regulated stablecoin issuers, streamlining the entire lifecycle of tokenised deposits and stablecoin services – from issuance to operation, including advanced interoperability features.
  • Digital Asset Tokenisation System: Provides a robust production-grade platform for financial institutions, such as banks and investment firms, to tokenise real-world assets and manage them within a regulated environment.
  • UDPN All-in-One Digital Currency Sandbox: A sandbox, designed to enable both commercial and central banks to learn about the latest digital currency technology, test built-in use cases, and develop their own new custom use cases in a self-control and secure environment that the banks can control and provide permissioned access to other institutions in their ecosystem.

The UDPN aims to drive down payment and foreign exchange costs whilst accelerating the uptake of regulated digital currencies.

Over 130 countries [3] globally are currently investigating, developing, or have already launched CBDCs. On the African continent, South Africa, Nigeria, Eswatini and Ethiopia have taken the lead. FORUS Digital has positioned itself in Africa to help central banks and commercial banks in their journey towards CBDC using the UDPN All-in-One Digital Currency Sandbox.

Statista [4] indicated that the Digital Assets market in Africa is projected to reach a revenue of US$3,115.0m by 2024.  It indicates that Africa’s Digital Assets market specifically, the number of users is projected to reach 53.89m users by 2025.

Financial innovation is not limited to central banks. Citigroup’s launch of Citi Token Services and Societé Generale’s December 2023 announcement of their digital currency and asset services and the HSBC Orion platform are the most recent examples of how traditional financial institutions are making digital assets an essential part of their service offerings to their clients.

This partnership between UDPN and FORUS Digital will focus on helping central banks deploy a secure CBDC testing environment for creating use cases and defining new regulations. It will also help commercial banks manage their own tokenised deposit and stablecoin life cycle and integrate into the central bank digital currency testing environment. The programmability of value-added financial services will enable new business models and enhance the efficiency and transparency of cross-border payments.

This partnership is a major milestone in Africa’s digital financial transformation and the introduction of UDPN Solutions there will enable a variety of sectors to access secure, low-cost cross-border payments and tokenised financial products. By providing African governments and financial institutions with blockchain-driven tools, UDPN will support enabling an inclusive, scalable digital payments system for the African continent.

Learn more!

To learn more about the Universal Digital Payment Network (UDPN), please visit www.UDPN.io.

Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development


[1] https://apo-opa.co/4fZNzyr

[2] https://apo-opa.co/3Z2xBg6

[3] Atlantic Council’s CBDC Tracker (https://apo-opa.co/4ggoRKH)

[4] Statista (https://apo-opa.co/4fX9p5N)

Distributed by APO Group on behalf of FORUS Digital.

Continue Reading

Trending