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Generation Africa Announces Two Grand Prize Winners Of US$100,000 GoGettaz Agripreneur 2020

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The two winners of the 2020 GoGettaz Agripreneur Prize were announced this evening at the Africa Green Revolution Forum Virtual Summit in Rwanda: Moses Katala co-founder and CEO of Magofarm Limited (Tanzania) and Daniella Kwayu co-founder and CEO of Phema Agri (Tanzania). Each winner will receive US$50,000 to support and expand their agribusiness operations. Part of the Generation Africa youth initiative, the aim of this prize is to identify and inspire young people across Africa to seize the opportunities across the value chain of the $1Tn agrifood industry on the continent in the decades ahead.

Four entrepreneurs were also named to receive a  $2,500 Impact Award: Elizabeth Gikebe, founder and CEO of  Mhogo Foods (Kenya), Millicent Agidipo, co-founder and production manager of Achiever Foods (Ghana), Dysmus Kisulu, co-founder and CEO of Solar Freeze (Kenya) and Paul Matovu, founder and CEO of Vertical Farm and Micro-Gardening (Uganda). These entrepreneurs were selected by the judges for the notable environmental or social impact of their businesses, each striving to reach the United Nations Sustainable Development Goals and benefit their communities. All 12 top finalists will receive mentorship, program linkages and other guidance to continue their entrepreneurial journeys.

The second annual 2020 GoGettaz Agripreneur Prize competition began in April and closed in June of this year. Over 3,000 applicants between the ages of 18 and 35, from 29 African countries, registered to compete. Although their diverse ventures spanned the entire agrifood value chain from primary production to innovative digital technologies, all six young men and six young women entrepreneurs from nine African countries who made it to the Top-12 shared at least one thing in common: they saw problems and made bold plans to solve them by launching new companies in the agrifood sector across Africa.

Top-12 finalist ventures and entrepreneurs this year hail from Ghana, Kenya, Malawi, Morocco, Nigeria, Rwanda, Sierra Leone, South Africa, Tanzania, and Uganda.

At the finale pitch competition earlier this week, each finalist presented a live online three-minute pitch to eight judges who then had two minutes to ask questions. Here’s a link to view the pitch competition which was broadcast globally at the AGRF Summit and on social media on 8 September 2020. https://bit.ly/3izr9ae

This year the eight judges (see below) evaluated both the business founder and the venture based on five criteria:

  • Innovation
  • Business Model
  • Social & Environmental Impact
  • Market Potential and Traction
  • Management Team.

To make it through to the Top-12, each finalist first had to submit a comprehensive online application by the June deadline. The Top-24 selected to be semi-finalists then had to produce their own pitch videos and participate in 30-minute online interviews with a panel of judges.

“Throughout all the COVID challenges of 2020, the GoGettaz agripreneurs remained focused and driven, caring not only for their businesses and employees but their countries and fellow citizens as well. In the face of the global crisis, they adapted their business models to new demands and challenges,” said Dickson Naftali, Head of the Generation Africa initiative based in Nairobi. “Our Top 12 young finalists this year are already driving forces for growth and transformation in their own communities. Their agribusinesses are each so different, but they are all steering Africa to become a continental superpower in agriculture”.

2020 GOGETTAZ US$50,000 AGRIPRENEUR PRIZE WINNERS

Daniella Kwayu, co-founder and CEO of Phema Agri in Tanzania. www.Phemaagri.com

Phema Agri is a digital agriculture platform connecting investors looking to grow their money with smallholder farmers looking for working capital solutions. Via their crowdfunding platform (www.phemaagri.com) Phema Agri matches de-risked, vetted, trained, and market-linked farmers looking for investors. In return, farmers share their profits with their investors. The platform is a B2B2C business model linked directly to bank payments and mobile network operators for ease of transactions.

“The Agricultural financing gap in Africa is US$150 billion as of 2019,” stated Daniella in her online application. “There aren’t any direct competitors for an agriculture crowdfunding platform in Tanzania. We are the first market entries in this sub-sector. investments in Agriculture. Our key unique differentiator is our ability to apply technology to provide safely structured market curated investment in a convenient way.”

Phema Agri aims to achieve its goal of financing 1m farmers and controlling 5 value chains in the East African market. They are currently operating in 2 value chains (pig and poultry value chains) with the aim of adding other value chains (maize, potatoes, wheat) and training more farmers in these value chains. The financial support from the 2020 GoGettaz Agripreneur Prize will be utilized to secure market contracts and market analysis to structure and connect more farmers to markets.

Moses Katala, co-founder and CEO of Magofarm Limited in Rwanda. www.Magofarms.com

Magofarm Limited aims to solve the problem of rising costs of animal feeds and the increasing demand for sustainable, eco-friendly and nutrient-rich protein ingredients. According to the UN Food and Agriculture organization (FAO), commercial poultry farmers in Africa have experienced a 20% increase in the price of animal feeds containing soybeans and fishmeal as protein ingredients. The current protein ingredients in the market are not only expensive to produce, but their production cycles can have a strong negative impact on the environment, noted Katala in his Stage 1 application.

“We are also on a mission to reduce food losses in the developing world,” Katala said. “Food losses represent a waste of resources in terms of land, energy, water, and inputs, and leads to unnecessary CO2 emissions. According to the FAO, if food wastage were a country, it would be the third-largest CO2 emitting country in the world after China and the USA. The world urgently needs a sustainable solution to tackle food waste. The yearly cost of global food waste is estimated to be $990 billion”.

“By breeding black soldier fly larvae, Magofarm acquires tremendous waste reduction capabilities. For every 1 tonne of black soldier fly larvae we breed, we contribute to upcycling 3 tons of food waste from the environment, which we use as a raw material. For each ton of fishmeal or soymeal replaced by our insect-derived protein (magomeal), an environmental saving of between $2,500 and $3,200 per ton is achieved in the form of avoided fossil fuel consumption, land usage, and carbon emission”.

$2,500 – IMPACT AWARD WINNERS

Elizabeth Gikebe, co-founder and CEO, Mhogo Foods Ltd in Kenya (https://www.Mhogofoods.com/):  Mhogo Foods is a socially conscious cassava processor making gluten-free flour, crisps, starch and animal feeds while also training and supporting women smallholder farmers. www.Mhogofoods.com

Millicent Agidipo, co-founder and CEO of Achiever Foods Limited (https://AchieverFoods.net/en/) in Ghana: Achiever Foods is on a mission to save lives through indigenous and organically grown Turkey Berries that help promote blood health and a strong immune system, especially amongst pregnant women. www.AchieverFoods.net/en/

Paul Matovu of Vertical and Micro Gardening (VMG) in Uganda (https://bit.ly/2E2IGbI): VMG builds autonomous farm towers to make urban farming a viable micro-enterprise for low- and middle-income households. www.VerticalandMicroGardening.org

Dysmus Kisilu co-founder and CEO Solar Freeze (http://www.SolarFreeze.co.ke/) in Kenya: Solar Freeze helps battles post-harvest losses for smallholder farmers of perishable goods through potable solar-powered cold storage units and “sharing economy” cold-chain logistics. www.SolarFreeze.co.ke

Other top-12 2020 GoGettaz Agripreneur Prize finalists:

Fadja Dijou Barry, GoMarkit SL, Sierra Leone. www.GoMarkitSL.com

Dexter Tangocci, Integrated Aerial Systems, South Africa. www.IASystems.co.za

Kharbouch Barhoum, Lombrisol, Morocco. www.Lombrisol.ma

Brigitha Faustin, Obri Tanzaniawww.ObriTanzania.com

Ifeoluwa Olatayo, Soupah Farm-en-Market Ltd., Nigeria. www.Soupah.ng

Agnes Kanjala, The Farm, Malawi. www.TheFarmmw.com

GOGETTAZ AGRIPRENEUR PRIZE TOP-12 JUDGING PANEL

Eleni Gabre-Madhin

Founder & Chief Happiness Officer, bluMoon

Generation Africa Ambassador

Ada Osakwe

Founder & CEO, Agrolay Ventures Nigeria
Generation Africa Ambassador

Ishmael Sunga

CEO, Southern African Confederation of Agricultural Unions
Generation Africa Ambassador

Ellen Cathrine Rasmussen

EVP for Scalable Enterprises, Norfund

Edson Mpyisi

Chief Financial Economist & Coordinator of ENABLE Youth Program, African Development Bank

Ladé Araba

Managing Director for Africa, Convergence Finance

Co-founder/President, Visiola Foundation

George Apaka
Lead Agriculture Sector, Mastercard Foundation

Zvichapera Katiyo

Group CEO, Delta Philanthropies, Zimbabwe

Distributed by APO Group on behalf of Generation Africa.

Media Contact:
Jane Machigere
jane@jsmcommunications.com

Generation Africa Co-Founders and Technical Partners:
Econet: https://www.Econetafrica.com/
Yara International: https://www.Yara.com/
Alliance for a Green Revolution in Africa: https://AGRA.org/
Corteva Agriscience: https://www.Corteva.com/
Southern African Confederation of Agricultural Unions: http://www.SACAU.org/
Syngenta Foundation for Sustainable Agriculture: https://www.SyngentaFoundation.org/

Co-Founding and Technical Partners:
In 2019 the international technology group Econet (https://www.Econetafrica.com/) together with global crop nutrition leader Yara (https://www.Yara.com/), co-catalysed the Generation Africa initiative both to inspire and support youth agripreneurship in Africa and to bring together key like-minded institutions, organizations and youth-focused entities to strengthen the collaborative ecosystem in the agrifood sector across Africa.

Launched in Davos in early 2019 the success of the GoGettaz Agripreneur Prize campaign attracted other industry leaders in the global and African agriculture sectors. In 2020 the Generation Africa initiative added four additional partners to its visionary team: The Alliance for a Green Revolution in Africa (AGRA)(https://Agra.org/) , Corteva Agriscience (https://www.Corteva.com/), the Southern African Confederation of Agricultural Unions (SACAU)(http://www.SACAU.org/) and the Syngenta Foundation for Sustainable Agriculture (https://www.SyngentaFoundation.org/).

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Airtel Rwanda Partners With Canal+ To Ease Payment Of Subscription Fees Via Airtel Money

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Airtel Rwanda and Canal+ Rwanda have launched a partnership, enabling customers to easily make subscription payments.

The partnership announced at a joint press conference today provides clients of both CANAL+ and Airtel a simpler, instant and secure payments method using Airtel Money.

CANAL+ Rwanda is the subsidiary of CANAL+INTERNATIONAL, TV operator by satellite in Africa and present in over  25 African countries.

CANAL+ Rwanda have a trilingual package with 200 channels in French, Kinyarwanda and English and it offers accessible bouquet starting from 5,000 Francs with a distribution network throughout the country.

Speaking at the launch event, Airtel Rwanda Managing Director, Mr. Emmanuel Hamez said “We are delighted to launch this new service on our Airtel Money platform we welcome all Canal+ customers to enjoy the convenience and simplicity offered by Airtel Money both on the USSD as well as in the My Airtel App”.

The new service that was launched today comes on the heels of an ongoing Airtel Money campaign called Free P2P which enables all Airtel Money customers to send and receive any amount of money for FREE.

“Free P2P or Ohereza Amafaranga Ku Buntu was launched in June 2021 saw Airtel scrap all charges to send and receive money between customers, a major differentiator that positions Airtel Money to become the provider of choice when it comes to payment of good and services such Canal+ that we have launched today” added Hamez.

Canal+ Rwanda’s Managing Director, Madam Sophie TCHATCHOUA said “It gives me great pleasure to allow Canal+ client to renew their subscription with Airtel Money. The successful integration of our mutual services makes life easier for our beloved customers who can now recharge and seamlessly have their images back and all this can be done from the comfort of their home”.

To renew your subscription via Airtel Money, customers can simply dial the direct short code string *500*4*3*2*4*1# on either their smartphone on feature phone, input their 14 Digit of their decoder  number, select their preferred bouquet and make the payment which is recognized by the Canal+ billing system instantly.

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Hundreds Of Passengers Miss Flight In Uganda Due To Delayed COVID-19 Tests

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Hundreds of Ugandans have been left stranded at Entebbe International Airport by the Emirates Airways after the laboratory where they had taken their Covid-19 results delayed to return them on time.

In a Snapchat post by Ugandan socialite Sheila Gashumba, she ranted, ‘’When I tell Ugandans that Covid in Uganda is a business they say I have ‘kajanja’.

Now all Emirates passengers have missed their flights because Safari Lab sent Covid results at 2:45pm and Emirates closed its gate at 3pm.

The hospital said it couldn’t work on everyone in the short time.

Around 300 passengers missed their flight yet Safari Lab had made a total of UgSh75m since everyone had paid UGX 250,000 for the test.

In the video where all passengers were visibly angry and frustrated, they can be heard asking for what the solution is and who is going to pay for the tickets again now that those that they had paid for can no longer be used anymore.

Passengers expressed their frustration at the rot in the service.

“I experienced such thing in March as the officers in charge claimed that the gates were close at 1pm as the flight was at 3pm,” one twitter user said.

Some made jokes out of it and asked, if this was because of the US$10 tax that is in the process of being introduced and will be paid by anyone that leaves the country using the Entebbe International Airport.

Another twitter user @kasoxialex2000 asked, ‘’@UgandaCAA (Uganda Civil Aviation Authority), but seriously you guys when you move to some airports don’t you copy something? Why are we ever backwards??? Stop embarrassing us. Who will save Uganda’’
By press time there was no official communication from the Civil Aviation Authority, Safari Lab nor Emirates Airways.

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Kagame Tells Bankers, Banking Can’t Just Be “Service For Elites”

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Banking can’t just be a service for elites, President Paul Kagame has said.  He made the remarks while speaking at the 14th Annual Banking and Finance Conference in Nigeria that he attended virtually.

Running under the theme, ‘’Economic Recovery, Inclusion and Transformation: The Role of Banking and Finance’’, the two-day conference will aim at the need to reposition the Finance and Banking sector as a catalyst for Economic recovery, transformation and inclusive growth.

In his remarks, he noted how the Covid pandemic has affected every aspect of Africa’s economies but at the same time also presents an opportunity for African banks to play a leading role in making societies more resilient and more responsive to the needs of Africans.

‘’Whatever affects business, affects banking. Financial services are the engine of private sector development. Banks are crucial for allocating capital wisely and productively,’’ he further added.

President Kagame noted that, in order to stay competitive, there is need to keep integrating new technology into banking to increase financial inclusion and access as banking can’t just be a service of elites.

He also went ahead to reemphasize what he has always said when it comes to African states always depending on the West and other countries for support. ‘’Indeed, Africa has the resources to fund its own economic growth and reduce dependence on external resources,’’ he said.

Kagame also noted that the African Continental Free Trade Area is creating new opportunities for Pan African Trade and investment. ‘’Banks with continental reach, like several of the institutions represented here can lead the way in cementing economic integration.’’

As he concluded, he stated how the banking sector, more than any other, understands the importance of integrity and good customer service. ‘’Banking is ultimately about trust. We look to you to set the pace in this regard. Our role as governments is to maintain good enabling environments, protecting both shareholders and customers while allowing for innovation. We expect you to keep challenging us on this,’’ he said.

In attendance at the same conference was the Central Bank of Nigeria Governor Edwin Emefiele who made a huge announcement.  He said, ‘’Central Bank, will, in the next twelve months be establishing the Nigerian International Financial Centre (NIFC). The NIFC will act as an international gateway for capital and investments, driven by technology and payment system infrastructure.’’

In Rwanda, current statistics show that even though there are still various challenges that continue to put women behind men when it comes to financial inclusion, the number of women who are currently banked have risen from 24% in 2016 to 34% in 2021.

This is according to a FinScope 2020 Gender thematic report on the state of women financial inclusion in Rwanda that was supported by Access to Finance Rwanda (AFR).

In one of the Focus Notes from Access to Finance Rwanda, farmers reported that women and men enjoy equal rights and treatment at specified two Financial institutions in the Focus note and therefore no special gender based treatment yet the outcomes of each groups are not equal.

At both Financial Institutions, women and youths are more likely to use loans to hire land farm as they lack access to land and they have been assisted by addressing some of the barriers that women and youth face in accessing loans.

The conference will therefore focus on how banking can be a service enjoyed by all Africans regardless of their financial strengths through making access to finance for development is an easy and smooth process.

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