Nigerian agripreneurs wins top cash prices in AfDB’s $120,000 AgriPitch competition

The co-founder of Releaf, Ikenna Nzewi; the Chief Executive Officer of Food locker, Femi Aiki; and, founder, Mhogo Foods, Elizabeth Gikebe, have won the top cash prizes in the African Development Bank’s(AfDB’s) $120,000 AgriPitch competition, which held Tuesday.

This was disclosed in a report published on AfDB’s webpage on Friday.

According to the report, the AgriPitch competition offered young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals to a panel of experts and investors who selected winners from categories —“early start-up,” “mature start-up” and “women-empowered businesses” categories.

The AfDB, in collaboration with partners, such as the UN Women, African Leaders for Nutrition and the Affirmative Finance Action for Women in Africa initiative (AFAWA), said this year’s African Youth Agripreneurs Forum (AYAF) and AgriPitch competition awarded the winner and runner–up of the mature start-up category with a cash prize of $40,000 and $20,000 respectively.

The winner and runner-up in the Women-empowerment Business category will go home with $20,000 and $10,000 cash prizes….

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