Five agritech startups have been received awards in Nairobi after taking part in the third Kenya Agribusiness Entrepreneurship Program (KAEP), an entrepreneurial initiative led by Eni Natural Energies (ENE) Kenya and Joule, in partnership with the E4Impact foundation.
At the closing event, the ten finalists showcased their solutions to a panel of investors, mentors and stakeholders from the agritech sector. The five most promising projects were chosen and awarded prize money equivalent to €10,000 each.
Daniela Morra, Managing Director of ENE Kenya, remarked: “Through this initiative, we’ve seen the skill and resolve of young entrepreneurs capable of not just innovating, but of truly changing the region. By backing their ventures, we’re making a real difference in the sustainable growth of the nation’s farming industry. This has a knock-on effect on the social and economic structure and strengthens Eni’s entire agribusiness supply chain, forging a beneficial link between startups and established companies.”
Mario Molteni, CEO of E4Impact, stressed the importance “of the collaboration with Eni in Kenya. Together we have cultivated an entrepreneurial ecosystem in which innovation and sustainability lay the foundations for truly shaping the future. By supporting companies operating in regenerative agriculture and the circular economy and contributing to the development of value chains in agritech, we are making a contribution to inclusive and environmentally friendly economic growth. Partnerships like the one between Eni and E4Impact make it possible to pursue important objectives in terms of the economy and social justice.”