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Milken-Motsepe Prize in Artificial Intelligence (AI) and Manufacturing Names 10 Semi-finalists

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Milken Institute to award total of $2 million to 10 companies revolutionizing next-generation manufacturing solutions

From the semifinalist stage to beyond the prize, we are excited to provide a global platform and network for future-forward entrepreneurs and social impact companies

JOHANNESBURG, South Africa, September 25, 2025/APO Group/ –The Milken Institute and the Motsepe Foundation (https://MilkenMotsepePrize.org/) announced the 10 teams advancing to the semifinalist round of the Milken-Motsepe Prize in AI and Manufacturing (https://apo-opa.co/4pL1QFg), with each team receiving $50,000 in unrestricted funding to drive inclusive economic growth and sustainable development in Africa.

Semifinalists will present their innovations at the Milken Institute Middle East and Africa Summit, December 4–5, 2025, in Abu Dhabi, UAE. A total of $2 million in prizes will be distributed for this prize, along with opportunities for global visibility, mentorship, and investor connections.

The prize highlights companies that are revolutionizing manufacturing value chains in Africa through artificial intelligence (AI) and other advanced technologies. In Africa alone, AI is projected to add nearly $3 trillion to the continent’s economy between 2024 and 2033. The prize sought established, scalable companies in the manufacturing sector with a track record of over two years of operation in Africa, demonstrated Series A+ traction, and a clear commitment to advancing job growth and workforce development.

“By focusing on AI and manufacturing, this award identifies and supports visionary teams transforming industry with advanced technologies, which has a multiplying effect by creating economic opportunity for communities across Africa,” said Emily Musil, PhD, managing director at the Milken Institute. “From the semifinalist stage to beyond the prize, we are excited to provide a global platform and network for future-forward entrepreneurs and social impact companies.”

The 10 semifinalist teams will pitch their innovations to a panel of expert judges and investors, who will evaluate them based on commercial viability, operational economics, technological integration, and market scalability in Africa. Five finalists will be selected to advance to the final round. Following the December pitch event, a $1 million Grand Prize will be awarded at the 2026 Milken Institute Global Conference in Los Angeles, alongside a $250,000 runner-up prize and a $100,000 award for the Most Advanced Use of Fourth Industrial Revolution Technologies. These teams operate in more than 60 countries on five continents, with innovations that hold the potential to revolutionize manufacturing value chains, drive job creation, and ignite breakthroughs across the globe.

The 10 semifinalists for the Milken-Motsepe Innovation Prize Program in AI and Manufacturing:

  1. BleagLee (https://apo-opa.co/46TPaEq)
    Team Lead: Juveline Ngum Ngwa

Based in Cameroon, BleagLee is a waste management and recycling company that uses AI and specialized software to rapidly identify, collect, and transform plastic, agricultural, and electronic waste into high-value inputs like engineered recycled polymers, 3D printing filaments, and bio-based carbon materials.

  1. DataProphet (https://apo-opa.co/46z3wsn)
    Team Lead: Ridwaan Seedat

Based in South Africa, DataProphet is an industrial intelligence technology and advisory company providing production intelligence solutions for machine builders and manufacturers.

  1. Digitech Oasis Limited (https://apo-opa.co/46VjTkk)
    Team Lead: Ayan Mohamed

Based in the United Kingdom, Digitech Oasis is an award‑winning AI and robotics company developing robotic systems and industrial automation platforms to modernize warehouse and fulfillment operations across industries.

  1. Freshpack Technologies (https://apo-opa.co/46ALVAn)
    Team Lead: Editha Mshiu

Based in Tanzania, Freshpack Technologies is a cold-storage solution company pioneering AI-powered cooling innovation to reduce food waste for Africa’s informal markets.

  1. GreenBDG Africa (https://apo-opa.co/46ka8fu)
    Team Lead: Songo Didiza

Based in South Africa, Green Building Design Group Africa (GreenBDG Africa) is a tech-enabled advisory firm offering climate-smart infrastructure solutions and energy optimization strategies for real estate and manufacturing clusters.

  1. INDOS (https://apo-opa.co/48xciJZ)
    Team Lead: Ahmed Nounou

Based in Egypt, INDOS is an industrial digitization company transforming labor-intensive manufacturing floors into AI-powered, data-driven environments to boost productivity and drive quality in real-time.

  1. Spiro (https://apo-opa.co/4pEAksT)
    Team Lead: Kaushik Burman

Based in the United Arab Emirates, Spiro provides accessible and affordable mobility solutions through manufacturing innovative, eco-friendly electric transportation.

  1. Thola Inc. (https://apo-opa.co/46HHofL)
    Team Lead: Nneile Nkholise

Based in the United States, Thola is an AI-powered software platform that provides real-time energy monitoring, forecasting, and ESG performance insights to help industrial facilities become insurable, resilient, and grid-conscious.

  1. Torchit (https://apo-opa.co/46lPvj3)
    Team Lead: Hunny Bhagchandani

Based in India, Torchit is a social-tech enterprise that designs and manufactures affordable, AI-powered assistive technologies to empower persons with disabilities with mobility, literacy, and digital independence.

  1. Toto Safi Limited (https://apo-opa.co/3IFrdau)
    Team Lead: Faith Waraga

Based in Rwanda, Toto Safi is an AI-enabled, circular textile manufacturing platform, enabling women-led tailoring cooperatives to produce reusable hygiene products such as diapers and period pants at scale.

Now in its fourth year, the Milken-Motsepe Innovation Prize Program has brought together visionary thinkers across sectors, from agriculture to financial technology, equipping them with the capital, resources, and network needed to push their ideas forward. Since launching the prize in 2021, the prize community has grown to over 12,000 innovators and entrepreneurs from 136 countries.

For more information about the semifinalists and the Milken-Motsepe Innovation Prize Program, visit https://MilkenMotsepePrize.org/ or contact Sam Roth at sroth@milkeninstitute.org.

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

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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