Tanzanian agritech startup NovFeed co-founders Diana Orembe and Otaigo Elisha speak on NovFeed’s victory in the Milken Institute and Motsepe Foundation Innovation Prize.
Last month, Tanzanian biotech startup NovFeed won the Milken Institute and Motsepe Foundation competition’s $1 million grant prize money for agritech innovation. NovFeed’s product offering involves the use of biomass to produce fish feed. The feed is cheaper to produce and offers more nutritional value compared to current products in the market, the company claims.
TechCabal spoke to Diana Orembe and Otaigo Elisha, co-founders of the startups, to learn more about the product, their success in the competition, as well as their thoughts on the state of agritech in Africa.
Please tell us more about NovFeed and the problem you are trying to solve through your solution.
Diana Orembe: NovFeed was born back in 2019 with the goal to help to promote sustainable aquaculture by producing alternative…