Connect with us

Business

Pitch AgriHack 2022 Announces Winners

Published

on

Pitch AgriHack

Six youth technology innovators in Africa’s agriculture and food sectors win cash prizes in Pitch AgriHack 2022

KIGALI, Rwanda, September 12, 2022/APO Group/ — 

African agritech innovators from all four corners of the continent claimed victory in the 8th edition of Pitch AgriHack. The 2022 competition saw a 30% increase in completed applications with entries rolling in from 37 African countries. Representing Egypt and Tunisia in the north, Zimbabwe in the south, Ghana and Nigeria in the west, and Kenya in the east, six youth-led agribusinesses have been awarded their share of US$45,000 to invest in the growth of their ventures.

The winners had a chance to present their businesses to delegates at the African Green Revolution Forum (AGRF) where they participated in Africa’s biggest agribusiness match-making platform, the AGRF Agribusiness Dealroom (https://bit.ly/3eJahk2). Over 800 companies, 15 government delegations and 150 public and private investors convened at the Dealroom to generate exciting new opportunities. “Pitch AgriHack is about creating impact through investment in the young agritech entrepreneurs of Africa.” said Mumbi Maina, Agribusiness Dealroom Lead at AGRA. “Beyond the prize money, we seek to catalyse relationships between our finalists and future collaborators and investors. These are the relationships that will revolutionise the food system.

Competing in three open competition categories – Early-stage, Mature- or Growth-stage, and Women-led – the Pitch AgriHack winners and runners-up were allocated cash prizes of $10,000 and $5,000 respectively. A fourth invite-only category known as the AYuTe Africa Challenge (https://bit.ly/3DfWcoH), an initiative of Heifer International, will award grants up to US$1.5 million later this year to scalable ventures that are already generating measurable impact for Africa’s smallholder farmers.

In 2022, the AYuTe Africa Challenge is expanding its role as an African agritech accelerator. New national competitions in Ethiopia, Kenya, Nigeria, Rwanda, Senegal and Uganda are offering young innovators a chance to secure the funding and visibility to scale their ideas and ambitions.

For the second year running, Heifer International, the AGRF, and Generation Africa worked together to realize this popular technology competition. “We at Heifer International believe that youth and innovation are the driving force toward transforming the food and farming sector in Africa,” said Adesuwa Ifedi, Senior Vice President for Africa Programs at Heifer InternationalLeveraging technology, youth have the potential to unlock economic growth, create job opportunities for millions and empower smallholder farmers into self-reliance. We are excited for the future of Africa’s agriculture and the role innovators like these play in shaping it”.

Automated crop disease detectors, agri-fintech solutions for smallholder farmers, digitizing of community seed banks, and market linkages combined with climate-smart training and satellite yield mapping are only a few of the ideas that came out of this year’s Pitch AgriHack competition. These African agritech innovators are building more comprehensive solutions to solve problems for smallholder farmers.

The Pitch AgriHack 2022 Winners are:

Early-Stage Winners:

Winner: Imen Hbiri of RoboCare in Tunisia.

Robocare’s patented multispectral disease detector is minimizing pesticides and boosting efficiency by helping greenhouse farmers in Tunisia catch and treat infections long before human eyes can even see it https://www.RoboCare.tn/

Runner-up: Donald Mudenge of Mbeu Yedu in Zimbabwe.

Mbeu Yedu understands that seeds are currency. Their platform digitizes Community Seed Banks to give smallholder farmers access to greater seed-varieties, accurate planting information, agri-fintech products, value-added services, and buyers https://MbeuYedu.com/

Mature and Growth-Stage Winners:

Pitch AgriHack is about creating impact through investment in the young agritech entrepreneurs of Africa

Winner: Hamis El Gabry of Mozare3 in Egypt.

Mozare3 is an agri-fintech company that connects small farmers in Egypt to the agriculture supply chain. Their model combines contract farming, agronomic support, financing and market access to increase yields and income https://www.Mozare3.net/

Runner-up: Allan Coredo of FarmIT in Kenya.

FarmIT innovatively combines crop mapping and market linkages to help Kenya’s vegetable farmers. They use satellite imaging, analytics, and AI to provide simplified agronomic advice, and link farmers confidently with big buyers with accurate yields predictions https://Farmit.co.ke/

Women-led Agribusiness Winners:

Winner: Esther Kimani of Farmer LifeLine Technologies in Kenya.

Farmer LifeLine 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. http://www.FarmerLifeLine.co.ke

Runner-up: Anaporka Adazabra of Farmio in Ghana.

With their Smart Greenhouse package, Farmio guarantees a 120% increase in productivity for Ghana’s farmers. Their SuperApp connects growers with investors, buyers, consumers, agri-experts, and service providers. http://www.Farmiogh.com

The achievements of the Pitch AgriHack winners were recognised at a Winners Showcase and Innovators Discussion Panel at the AGRF Summit. “Africa’s youth are bursting with ideas. They are hustling hard to turn dreams of stability and prosperity into a reality for themselves and their communities. For many of them it feels like the chance they need is just beyond reach. All they need is a friend to help them take a step towards self-sufficiency,” said Amanda Namayi, GoGettaz Lead at Generation Africa during the event.

“Our goal is to catalyse impact,” said Dickson Naftali, Head of Generation Africa at the Pitch AgriHack Winners Showcase and Innovators Panel at the AGRF Summit. “All of the people on stage today are making the business of farming easier, more productive, and more predictable for smallholder farmers. They are the front line in our food systems revolution.”    

Of the businesses applying for Pitch AgriHack, 20% are mature- or growth-stage businesses and almost 80% are early-stage startups. This is partly due to the youth demographic of the competition. Looking, however, at other research sources, as discussed in the 2022 Generation Africa Call to Action (https://bit.ly/3BvNDVt) released prior to the AGRF Summit, it is evident that there is a need for more financing and investment options for early-stage startups in Africa’s agriculture space. Many of the agritech innovators who reached the Pitch AgriHack finals have identified this problem and have financing options built into their offerings.

From the various Generation Africa programs, it is evident that Africa’s biggest economy, Nigeria, also has the largest number of activated youths pursuing opportunities in the agriculture sector. Forty-four percent (44%) of the entries for Pitch AgriHack come from Nigerian entrepreneurs. Other top countries applying for the competition were Africa’s tech-trendsetter Kenya, followed by Uganda, Ghana, and Rwanda.

Pitch AgriHack was fortunate to welcome back three veteran judges from the previous panel:

They were joined by new additions:

Distributed by APO Group on behalf of AgriHouse Foundation.

Business

Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

Published

on

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

Continue Reading

Business

Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

Published

on

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

Continue Reading

Business

Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

Published

on

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

Continue Reading

Trending

Exit mobile version