Kevin Nyango / Tech in Africa
On August 29, 2018, in Kenya, MIT (www.MITInclusiveInnovation.com) announced the winners of 2018 MIT Inclusive Innovative Challenge. There were 19 selected finalists in total, 9 finalists from IIC and 10 finalists from Zembezi Prize for Innovation in Financial Inclusion. The event was held by MIT Legatum Center for Development and Entrepreneurship, MIT IIC Africa collaborator. It organizes the Zembezi Prize in partnership with Mastercard foundation.
The total of awards for “heroes of Inclusive Innovation” is $1.6 million dollar globally. These organizations were awarded for its technology invention in the work field to create more equality in the economy. There were approximately 195 of profit and non-profit organizations signed for the Challenge. They provided regional experts to examine the applications. There were three out of four IIC Africa category selected as winners by a selection panel of regional leaders. For the fourth category—Financial Inclusion, Zembezi Prize selected its winner and announced it lively at the event. These winners not only received a paid trip to MIT for the Grand Prize Gala and a Zembezi Prize and boot camp at MIT on November 5 to 9, 2018 in Cambridge, MA, but also receive Pan-African Syndicated Media Coverage in over 30 countries as well as will attend a sponsored trip to Angel Fair Africa in Mozambique to meet over 60 investors which focus on Africa.