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Kenyan Innovator Scoops US$25,000 in the IPA Awards

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Alex Mwaura Muriu

Alex Mwaura Muriu

‘‘Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle; the win comes from basic blocking and tackling,’’ says Naveen Jain.

Alex Mwaura Muriu started his firm, Farm Capital Africa to empower farmers to access finance in the agriculture sector aimed at boosting food production. The firm offers individuals and institution a chance of investing in sustainable agribusiness ventures across the continent.

On Thursday 14th May 2015, during the Innovation Prize for Africa (IPA) 2015 awards held in Shikrat, Morocco, the Kenyan grabbed Ksh 2.4M (US$25,000) for emerging second. South Africa’s Lesley Erica Scott won Special Prize for Social Impact to take home Ksh 2.4 M (US$25,000)

Moroccan researcher Adnane Remmal was outstanding in the awards to take away Ksh 9.6 M  (US$100,000) grand prize. Remmal’s anti-biotics solution targets to transform the broader medical and agricultural sector by reducing health hazards in livestock, preventing the transmission of multi-resistant germs and carcinogens to human beings through consumption of milk, eggs and meat.

According to Jean Claude Bastos de Morais founder AIF founder, the awards attracted more than 300 applications from 49 countries; he further said his firm targets to develop innovation ecosystems.

“African innovators are taking flight, their innovative ideas are increasingly proving to be trans formative – not only for Africa – but for the world. Through the IPA, the AIF is fostering the development of robust innovation ecosystems, which are essentially nests for African entrepreneurs and innovators to develop solutions for African challenges,” said de Morais.

The awards are organized by the African Innovation Foundation (AIF) to motivate extraordinary innovators.

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