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Flapmax Launches AI Builders Garage, a Global Community Supporting Young Entrepreneurs and Developers

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2 years ago

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Flapmax

Live Sustainable AI Hackathon and AI Summit on Dec. 1 to Bring Together Industry Leaders and Youth from Around the World

LAGOS, Nigeria, November 23, 2022/APO Group/ — 

Flapmax (www.Flapmax.com) announced today the launch of AI Builders Garage, a global on- and offline platform designed to help young entrepreneurs and developers transform innovative ideas into sustainable business solutions. The AI Builders Garage offers three critical pathways for young professionals into innovation and technology career paths: Youth Entrepreneurship, Sustainable AI Hackathon and Flapmax Community, and is designed to attract and promote both conventional and unconventional talent from around the world

“Flapmax and our global partners are working together to create more opportunities for the next generation of innovators, developers, and entrepreneurs to advance their ideas in AI sustainability and build mission-driven businesses,” said Dave Ojika, Founder and CEO, Flapmax. “We are proud to launch a global platform to bring together industry leaders with fresh faces, along with new venture capital and training opportunities. The AI Builders Garage is the future of collaboration and advancement through technology, as we break down global borders and support the next generation of innovators and founders.”

The AI Builders Garage is a global platform for entrepreneurs and developers to collaborate across borders and build ideas into sustainable technology solutions and businesses. The community is built on both in-person and virtual platforms and supports three key areas:

  • Youth Entrepreneurship – New training and mentorship programs, as well as support from Microsoft-backed accelerator (www.FASTaccelerator.com), designed to empower young developers, create real-world solutions, and launch new businesses or scale existing ones
  • Sustainable AI – Global competitions focused on showcasing how AI can help solve business and community challenges to address world problems related to sustainability
  • Community – A series of events, shows, and networking opportunities bringing together industry leaders with young builders and entrepreneurs.

The AI Builders Garage is the future of collaboration and advancement through technology, as we break down global borders and support the next generation of innovators and founders

On Dec. 1, 2022, an online AI Summit will kick-start the new AI Builders Garage, with a focus on digital transformation for emerging markets. Attendees will learn more about the new tools and technology launching to help young entrepreneurs connect and grow. Sustainability is a top priority for global leaders and Flapmax, with a focus at the event on how AI and other emerging technologies can be used to prevent and reverse environmental impacts. At the Flapmax AI Summit, shortlisted AI Builders Garage candidates will present their AI sustainability solutions during a live hackathon, with prizes awarded to the top presenters.

“Developing talent in an economy with high unemployment rates is a challenge that is hampered by lack of resources and opportunities to pitch ideas, meet investors, and collect valuable feedback,” said Bernard Irungu, Program Manager, Flapmax. “The launch of the AI Builders Garage is part of a global, continued effort to advance underserved communities through technology. We understand and value the collective contributions of developers, entrepreneurs, and professionals as we work together to solve the world’s most pressing problems.” 

Application to the AI Builders Garage and upcoming summit is open until Nov. 30, 2022. Youth Entrepreneurship track applicants must demonstrate how AI can be used to solve business challenges, especially in the areas of hospitality, education, health, financial services, agriculture, transportation, ecommerce, and manufacturing. Those selected will have an opportunity to build their use cases and present it at the AI Summit to a panel of technology and business leaders. Sustainable AI Hackathon participants will build an AI model or solution addressing sustainability. The Flapmax Community is open to all developers, entrepreneurs, researchers, and professionals who are interested in collaborating on technology solutions. The community serves as a showcase for new projects, hybrid accelerator for new entrepreneurs and developers, industry networking platform, and recruitment tool for technology leaders.

Both Youth Entrepreneurship and Sustainable AI Hackathon track participants will be introduced at the inaugural FAI Summit. Learn more at www.FAI.institute/summit and apply for AI Builders Garage here: www.FAI.institute/garage

Distributed by APO Group on behalf of Flapmax.

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Islamic Corporation for the Development of the Private Sector (ICD) and Joint-Stock Commercial Bank “Asia Alliance Bank” Strengthen Partnership 

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4 hours ago

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March 6, 2025

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Islamic Corporation

Asia Alliance Bank has been a trusted partner of ICD since 2013 and has previously received three line-of-financing facilities totaling USD 30 million

JEDDAH, Saudi Arabia, March 6, 2025/APO Group/ —

  • The Fourth Line: ICD and Asia Alliance Bank announce a USD 25 million Islamic line of financing facility to bolster Uzbekistan’s private sector development.
  • Empowering Entrepreneurs: The new facility is designed to accelerate SME growth and foster economic development in Uzbekistan.
  • Strengthened Collaboration: This initiative reaffirms the long-standing partnership between ICD and Asia Alliance Bank, aligning with ICD’s mission to support private sector growth.

The Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-PS.org) and Joint-Stock Commercial Bank “Asia Alliance Bank” have taken a significant step to enhance Uzbekistan’s private sector development. A USD 25 million Islamic line of financing facility has been signed, marking a milestone in their collaborative efforts to support small and medium-sized enterprises (SMEs) and the broader economic landscape.

This new financing facility, channeled through Asia Alliance Bank, is dedicated to empowering private sector projects in Uzbekistan. It aims to provide entrepreneurs with vital financial resources to launch and expand their ventures, thereby driving sustainable economic growth and contributing to the nation’s economic resilience.

Asia Alliance Bank has been a trusted partner of ICD since 2013 and has previously received three line-of-financing facilities totaling USD 30 million. The newly proposed facility highlights the strength of their enduring partnership and underscores a shared commitment to fostering private sector development in Uzbekistan.

This initiative is closely aligned with ICD’s Private Sector Development Strategy, which focuses on enabling economic dynamism and resilience by empowering SMEs and advancing financial inclusion.

Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

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Milken-Motsepe Prize in FinTech Announces Three Finalists Competing for US $1 Million Grand Prize

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4 hours ago

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March 6, 2025

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Milken-Motsepe Prize

The Milken-Motsepe Prize in FinTech, supports the use of cutting-edge technologies to increase access to capital and financial services for underserved entrepreneurs worldwide

By supporting these pioneering teams, we aim to empower entrepreneurs who drive economic growth and opportunities in their communities

JOHANNESBURG, South Africa, March 6, 2025/APO Group/ –The Milken Institute and the Motsepe Foundation are pleased to announce the three teams advancing to the final round of the Milken-Motsepe Prize in FinTech (https://MilkenMotsepePrize.org/). These innovators are competing for the prestigious US$1 million Grand Prize. The Milken-Motsepe Prize in FinTech aims to recognise groundbreaking solutions for expanding financial inclusion for small businesses in emerging and frontier markets.

The Milken-Motsepe Prize in FinTech, supports the use of cutting-edge technologies to increase access to capital and financial services for underserved entrepreneurs worldwide. The three finalist teams were selected from a highly competitive pool of applicants and will now have the opportunity to attend the Milken Institute’s 2025 Global Conference in Los Angeles, California, in May, where the Grand Prize winner will be announced.

Finalist Teams: 

  • Chumz, Kenya (https://apo-opa.co/3DmBdD4)
    Chumz is a gamified savings product that leverages behavioural psychology to help individuals save money in an engaging and cost-effective manner.
  • Oze, Ghana (https://apo-opa.co/3XvWFMF)
    Oze is a digital lending platform bridging Africa’s credit gap by providing banks with an SME-focused app that digitises financial data, enabling better risk assessment and improved lending opportunities for small businesses.
  • Verto, United Kingdom (https://apo-opa.co/4ilCutv)
    Verto is a business-to-business cross-border payments platform designed for businesses in emerging markets. Its unified network eliminates intermediary fees, supports 49 currencies, and facilitates faster transaction settlements.

Emily Musil, Managing Director at the Milken Institute, emphasised the significance of the competition in fostering financial inclusion, saying: “By supporting these pioneering teams, we aim to empower entrepreneurs who drive economic growth and opportunities in their communities. The Milken-Motsepe Prize in FinTech highlights the power of innovation to address financial challenges in emerging markets, and we are excited to see these finalists bring their groundbreaking solutions to life.”

The Milken-Motsepe Prize in FinTech launched in May 2024 at the Milken Institute Global Conference to award innovative companies that best demonstrate the use of cutting-edge technologies to expand access to capital and financial services for small businesses in emerging and frontier markets. The Grand Prize winner will be selected based on the impact, scalability, and sustainability of their solutions.

The Milken-Motsepe Prize in FinTech offers $2 million in total prizes, including the $1 million Grand Prize. Beyond the financial award, finalist teams benefit from invaluable networking and pitching opportunities, helping them accelerate the implementation of their solutions in high-impact markets.

Distributed by APO Group on behalf of The Milken-Motsepe Innovation Prize Program.

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iSON Xperiences and Aistra Announce Strategic Partnership to Drive Artificial Intelligence (AI)-Powered Customer Experience (CX) Transformation

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6 hours ago

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March 6, 2025

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iSON Xperiences

The global collaboration aims to revolutionize customer experience through AI-led automation, predictive analytics, and next-generation digital solutions

DUBAI, United Arab Emirates, March 6, 2025/APO Group/ —iSON Xperiences (www.iSONXperiences.com), a global leader in AI- driven customer experience (CX) solutions with a presence in 22 countries, has announced a strategic partnership with Aistra, an AI Adoption company, focusing on automation and transformation solutions built around its proprietary AI Agents, MicroApps, and Process Acceleration technologies.

This collaboration will enable iSON Xperiences to leverage Aistra’s advanced AI capabilities to accelerate digital transformation initiatives for their clients worldwide. The partnership spans multiple industries, including Telecom, BFSI, Fintech, Retail, E-commerce, Travel, Consumer Services, and Energy, among others.

Key Focus Areas of the Partnership: 

Partnering with Aistra allows us to accelerate AI adoption and unlock new value for businesses by enhancing customer interactions and operational efficiency

  • AI-driven automation to enhance customer interactions and engagement
  • Advanced predictive analytics for data-driven decision-making
  • Seamless AI integration across industry-specific solutions

“At iSON Xperiences, we are committed to redefining customer experience through innovation,” said Vitul Kwatra, CEO, iSON Xperiences. “Partnering with Aistra allows us to accelerate AI adoption and unlock new value for businesses by enhancing customer interactions and operational efficiency.” 

With its deep expertise in AI, automation, and digital intelligence, Aistra will collaborate with iSON Xperiences to develop AI-driven solutions that elevate customer engagement, reduce service friction, drive business growth, and enhance digital maturity to ensure long-term competitiveness.

“This partnership represents a significant step forward in AI-led CX transformation,” said Eric Selvadurai, Co-Founder and Managing Partner, Aistra. “By combining our AI capabilities with iSON’s extensive client base and industry expertise, we are setting new benchmarks for AI-led and data-driven customer experiences.” 

Distributed by APO Group on behalf of iSON Xperiences.

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