HomeCampus NewsKNUST student wins global entrepreneurship competition, secures $25,000 seed capital

KNUST student wins global entrepreneurship competition, secures $25,000 seed capital

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The Fishbowl challenge is a competitive challenge that creates a platform for college and university students from all over the world with diversity on their cultural, social and geographic environments to enable them provide solutions to complex social and environmental problems. Participating students worked together in diverse teams and came up with models to solve problems with an entrepreneurial mindset.

The most recent, 2020/2021, edition of the challenge took place between August 2020 and February 2021 amongst twenty teams. These twenty teams contested keenly for a spot in the final four. The 2020/2021 edition was a virtual one. The four finalist projects were AKOFRESH (Ghana), Clean Water (Bolivia), Equarx (Nigeria) and Samam (Nigeria).

Akofresh proposed a solution to post harvest losses in Africa with Ghana as the pilot country. Clean water seeks to provide long term reliable and clean water access in Pando, Bolivia with the main focus on a community- led and sustainable programme. The idea behind Equarx is to develop a digital toolkit to help reduce early childhood and maternal mortality rates in Nigeria. Samam, which is also a project in Nigeria, seeks to address housing challenges by producing bricks and pavers from plastic waste.

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Team AKOFRESH, led by Mr. Matthias Charles Yabe, emerged as eventual winners of the challenge after six months of intense competition securing a seed capital of $25,000 to help support their idea of offering farmers practical and affordable preservation services to help curb post harvest losses with Ghana as the pilot country. Mr. Matthias Charles Yabe is a student form Kwame Nkrumah University of Science and Technology (KNUST, Ghana). He is also a member of Enactus (KNUST) which also believes in turning social problems into business or entrepreneurial opportunities.

Source: Hypercitigh.com / Sebastian Otoo

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