Mozambique and the World Bank align strategies - Notícias
Mozambican among 25 African agripreneurs advancing to final of AfDB’s $120k AgriPitch competition
10:24 CAT | 13 Nov 2020
File - Seana Jose Insa Daud, co-founder and CEO of Quelimane based INVXT Agro Investimentos. [File photo: Social Media]
Twenty-five young African agripreneurs have advanced to the final round of the African Development Bank’s AgriPitch competition, stepping closer to a share of US$120,000 in seed funding prizes, training and other benefits.
AgriPitch organisers received more than 2,500 applications and evaluated 605 proposals from 30 countries under the theme of “Driving Sustainable Nutrition and Gender Inclusivity in Africa’s Agri-Food Systems: Youth Agripreneurs Seize the Decade.”
The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals online to a panel of experts and investors who will select the winners.
The finalists are from 12 African nations, and all aged under 35.They were selected under the competition’s “Startup,” “Mature Business” and “Women-Empowered Business” categories.
Those selected in the “Startup” category are Agripoa (Tanzania), Bringo Fresh (Uganda), Digifarms Africa (Cameroon), Farm Kiosk (Uganda), Farmspeak Technology (Nigeria), One Kiosk (Nigeria), Premium Hortus (Benin), Releaf (Nigeria), Solar Freeze (Kenya), and Tropic Coffee Company (Rwanda).
The “Mature Business” finalists are Agwenda Investments (Malawi), Bee Happy Enterprises (Kenya), Carl Group (Rwanda), Dasfarm (Ghana), Foodlocker (Nigeria), Herdy (Kenya), Lentera (Kenya), Lono (Ivory Coast), Stawi Foods (Kenya), and Tilaa (Ghana), while the “Women-Empowered Business” finalists are AquaFarms Africa (Guinea), Baby Grubz (Nigeria), Farmz2U (Nigeria), INVXT Agro Investimentos (Mozambique), and Mhogo Foods (Kenya).
Finalists are now enrolled in the AYAF/AgriPitch online training platform, a two-week business development bootcamp, before pitching at the winners’ ceremony on November 16 and 17.
Registered for the African Youth #Agripreneur Forum? #AYAF2020‘s final webinar and $120,000 #AgriPitch competition finale is on 17 November.
Past winner Paul Sheppard of Future Farms South Africa explains why our annual forum is about more than money https://t.co/JT3AgakrxS pic.twitter.com/q0DqVKUTSD
— African Development Bank Group (@AfDB_Group) November 12, 2020
“It is encouraging to see that almost 62 per cent of all AgriPitch 2020 applicants self-described as being women-led businesses or having women make up at least 50 per cent of their management,” said Wambui Gichuri, the AfDB’s acting vice president for agriculture, human and social development.
“Word is spreading that AgriPitch is the competition where all qualified agripreneurs can get the training and support to grow their businesses.”
Source: Disrupt Africa
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.