Two Agripreneur from Ghana and Botswana, have been awarded the inaugural US$100 000 Generation Africa GoGettaz Agripreneur prize.
The announcement of the awards winners took place at the Africa Food Prize Gala Dinner on September 4, 2019 at the Africa Green Revolution Forum, along with the winner of this year’s Africa Food Prize.
GoGettaz Agripreneur Prize winners each received US$50,000 and a package of coaching and mentoring support tailored to their business stage and interests.
The competition is only one part of a greater Generation Africa vision to grow a movement supporting millions of young entrepreneurs across the continent to transform Africa’s food security and prosperity.
Generation Africa is a partnership initiative bringing the dynamism of youth to Africa’s agri-food sector. Co-catalysed by Yara International and the Econet Group in early 2019, the Generation Africa movement aims to build on the efforts of other leading institutions to work collaboratively to strengthen the ecosystem that supports young agripreneurs across the continent on their journey from idea to scale.
12 young entrepreneurs and venture founders from 10 African countries who have come to Ghana this week to pitch to win the inaugural US$100 000 Generation Africa GoGettaz Agripreneur Prize.
Six judges scored the finalists independently looking at the five criteria.
Isaac Sesi from Ghana founded Sesi Technologies Ltd, indicated that “in developing countries, smallholder farmers and other players along the grain value chain regularly lose up to 40 percent of their harvest due to post-harvest losses. A significant cause of this is due to lack of an affordable, effective way to measure the moisture content in grains before storage leading to the growth of mould and invasion of insects which destroy the grains.”
“Consequently, many farmers sell their produce immediately after harvest — at a time when prices are low due to high supply – only to buy back the same produce later at increased prices.”
Bonolo Beverly Monthe from Botswana, founded the Maungo Craft, noted that it takes 300 tonnes of Morula fruit to get to 12 tonnes of oil. The wasted fruit is a bottleneck that prevents the growth of the indigenous oil industry in our country and region.