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Milken Institute Backs $2M Prize For African Entrepreneurship

Los Angeles-based The Milken Institute, along with the Motsepe Foundation, said this week that the two have launched a new, $2 million technology prize program, aimed at entrepreneurs in Africa. According to the two, the new Milken-Motsepe Innovation Prize is aimed at technological solutions that accelerate progress towards implementing the United Nations' Sustainable Development Goals (SDGs). According to the two, they will run multiple technology prize competitions in Africa in the areas of agriculture, energy, education, and health.