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Two Nigerian Agritech Startups Win $120,000 AfDB AgriPitch Competition Prize

Two innovative Nigerian agritech startups, Releaf and Foodlocker, along with Kenya’s Mhogo Foods have emerged winners at the finals of the $120,000 African Development Bank (AfDB) AgriPitch Competition which was recently concluded.

AfDB announced this in a Twitter post via its official handle.

The three (3) winning startups were selected from nine (9) finalists classified under three categories – Early Startups, Mature Startups and Women-Empowered Businesses.

AgriPitch organisers had received over 2,500 applications and evaluated 605 proposals from 30 African countries.

25 finalists from across 12 countries were eventually shortlisted for the prize. After qualifying for a two-week business development boot camp, the top 9 startups selected pitched their solutions to a panel of judges and investors at a virtual event.

Congratulations to them.

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