A Buainess Desk Report
Dr. Faried Mohammed, a fellow of the Kosmos Innovation Center (KIC) and the Chief Executive Officer and Co-Founder of Kodu Technology, has emerged as one of the grand prize winners for the 2024 GoGettaz Agripreneurs Prize Competition at the Africa Food Systems Forum held in Kigali, Rwanda, recently.
Kodu Pad is an ecofriendly sanitary pad manufactured from agricultural waste such as the fibers of bananas and plantains. Kodu Pad is not only sustainable but has proven to be a healthier option as opposed to other products.
Dr. Faried’s pitch, which stood out for its ingenuity, landed him a prize of $50,000 for the scaling of his business.
The 2024 edition of the GoGettaz Agripreneurs Prize which received about 2000 applications, selected its winners from among 12 finalists hailing from 11 different African countries through a rigorous process.
Looking ahead, Dr. Faried on behalf of his team, expressed enthusiasm and optimism about the future of Kodu Pad. He and his team are now focused on improving the banana fiber extraction procedure, one of the biggest challenges of the project.
To players in the nation’s agricultural ecosystem, the success of Kodu Technology is testament to the transformative impact of the Kosmos Innovation Center, which continues to nurture young innovators and equip them with the tools and knowledge needed to excel.
GoGettaz Africa is a partnership initiative co-founded by Yara International and the Econet Group.
The competition identifies young African founders of high-potential agrifood businesses between the ages of 18 to 35, and supports them with investment, leadership development, mentorship, visibility and partnerships to scale their ventures.
A Business Desk Report