After a brilliant pitch, Money Africa has won the inaugural edition of the Nigeria Sovereign Investment Authority Prize for Innovation (NPI) defeating over 2,000 applicants and 10 shortlisted finalists in the different categories of the challenge.
Money Africa which emerged winner received a combined prize of $75,000 equity and $25,000 in cash ($100,000), while Extension Africa came second winning $52,500 in equity contribution and $17,500 in cash ($75,000).