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Innovation Prize for Africa Winner Uses Flies and Waste to Make Food

Posted by Business in Ghana on May 8, 2013

Prize identifies breakthroughs that exemplify Africa’s innovation and investment potential

CAPE-TOWN, South-Africa, May 8, 2013/ With global population expected to grow to 9 billion by 2050 and more than 900 million people living in hunger, the demand for nutritious food is rapidly increasing.  Acknowledging this need and the impact of hunger in Africa, the Innovation Prize for Africa (IPA) ( has named the AgriProtein team as its 2013 winner.  The team of researchers and entrepreneurs will receive USD 100 000 for its innovative approach to nutrient recycling – a method that uses waste and fly larvae to produce natural animal feed.

Selected from more than 900 applications from 45 countries, the AgriProtein team was recognized at the 2013 Innovation Prize for Africa Awards Ceremony and Gala Dinner in Cape Town, South Africa.  The AgriProtein solution collects biodegradable waste, feeds it to flies that in turn produce larvae that are ground into protein to provide a more ecologically friendly, naturally occurring type of animal feed.  This approach improves the nutritional value of meat and lowers the cost of animal feed for African processors and farmers Read the rest of this entry »

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Launching Africa’s Information Highway

Posted by Business in Ghana on February 19, 2013

Distributed by the African Press Organization on behalf of the African Development Bank.

The African Development Bank Embarks on an Ambitious Program to Revolutionize Data Management and Dissemination in Africa

TUNIS, Tunisia, February 18, 2013/ The African Development Bank (AfDB) ( has launched an ambitious program to significantly improve data management and dissemination in Africa. The ultimate goal of the program is to facilitate wider public access to official statistics and to support countries in their efforts to improve data quality and dissemination for better policy formulation, monitoring and evaluation. The program was launched in November 2012 as part of the Bank’s broader statistical capacity building program in Africa. Work has been going on concurrently in several African countries and institutions and has been completed in the following 13 countries and one Pan-African institution: Cape Verde, Democratic Republic of Congo, Cameroon, Congo, Malawi, Mozambique, Namibia, Rwanda, South Sudan, Tanzania, Tunisia, Zimbabwe, Zambia and the African Union Commission. The plan is to finalize the development and installation of data portals in all 54 African countries and 16 sub-regional and regional agencies by the end of July 2013. Read the rest of this entry »

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African Farmers Get Boost from IFC, Soros Economic Development Fund and Esoko

Posted by Business in Ghana on November 22, 2010

IFC, a member of the World Bank Group, and the Soros Economic Development Fund have both invested $1.25 million of equity into Esoko, a Ghanaian technology firm. The investment in Esoko will give small holder African farmers and businesses timely crop information that can be shared via text messaging, enabling farmers to increase their incomes.

Esoko_s software takes advantage of rapidly growing mobile-phone usage in Africa.  The technology allows farmers affordable and timely access to market information that can help them negotiate better prices and improve the timing of getting their crops to market. Read the rest of this entry »

Posted in Agriculture, Science and Technology, Uncategorized | Tagged: , , , , , , | 1 Comment »

Ghanaian Technology Enterprise Boosts Africa in Prestigious Global Contest

Posted by Business in Ghana on November 14, 2010

After pitching their security innovations to a panel of judges before a live audience of investors, industry, government, VCs and peers, mPedigree and iWebGate have been awarded prize packages totalling $500,000. This followed a rigorous selection process lasting months, in which hundreds of hopeful innovative companies were narrowed down to 7 contestants in a climactic showdown at the University of London. Read the rest of this entry »

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