September 14, 2020
Winners announced in African youth agripreneur prize competition
The two winners were Daniella Kwayu from Tanzania, co-founder and CEO of Phema Agri, and Moses Katala from Rwanda, co-founder and CEO of Magofarm Limited.
Part of the Generation Africa youth initiative launched in 2019 by Yara and Econet, the aim of this prize is to identify and inspire young people across Africa to seize the opportunities across the agrifood value chain in Africa.
Over 3,000 applicants between the ages of 18 and 35, from 29 African countries, registered to compete in the second annual 2020 GoGettaz Agripreneur Prize competition.
The female winner, Daniella Kwayu, co-founded Phema Agri, a digital agriculture platform connecting investors looking to grow their money with smallholder farmers looking for working capital solutions. Via their crowdfunding platform, Phema Agri matches de-risked, vetted, trained and market-linked farmers looking for investors. In return, farmers share their profits with their investors.
The male winner, Moses Katala, co-founded Magofarm Limited. By breeding back the Black Soldier Fly, Magofarm aims to tackle both the problem of food waste and the rising cost of animal feeds, as well as increase the demand for sustainable, eco-friendly and nutrient rich protein ingredients.
Yara congratulates the two agripreneurs and wishes them success in their endeavors to grow their businesses and reinvent food in Africa.
Innovation in agriculture represents the biggest business opportunity in Africa today. Listen to Yara’s CEO Svein Tore Holsether talk on CNBC Africa about youth agripreneurship and GoGettaz.