Accra, Ghana//-Kumasi-based AgriCentric Ventures Limited, which partners with both smallholder farmers and commercial-scale farmers to buy their farm waste and processes them into high-value organic products such as bio-char, bio-fertiliser, dietary supplements for livestock and fish, and bio-pesticides, has been adjudged winner of the prestigious GreenTech Innovation Challenge 2025.
The Challenge, being the second edition, is organised by Fidelity Bank Ghana, in partnership with Innohub Foundation.
The company, which also developed a solution for cleaning polluted water bodies, beat off a stiff opposition from the other six finalists to win the top prize.
The Founder and CEO of AgriCentric Ventures, Gideon Ohenepon No Ba Nyamesen, received a cheque worth GH¢200,000 at the grand finale of the GreenTech Innovation Challenge 2025 held at the West Africa Centre for Crop Improvement (WACCI) of the University of Ghana.
The event, which was held on Friday17, October, saw two other winners-Peellnnova Ltd, and Danny Machines as First-runner up, and Second-runner up respectively.
The First-runner up being Peellnnova, took home GH¢100,000, while the Wa-based Danny Machines, being the second runner-up, went with GH¢70,000.
Whereas the remaining 13 selected young entrepreneurs, including Bigfoot Sole Mate Ltd, Farmlingo, Forefront Innovations Ltd, and Timoya Farms took home GH¢50,000 each.
The prize monies are meant to support the game-changing project of Mr Nyamesen, the other winners and the remaining 13 selected young entrepreneurs.
Mr Nyamesen, on behalf of all the award winners, thanked Fidelity Bank Ghana for the honour done them and pledged to put the prize monies they received from the GreenTech Innovation Challenge 2025 into good use.
In his word words: “I am overly excited about the award because it has been my dream and it has also been my headache on how best to raise funds to support this dream, especially this dream of bringing out something of creating an economic value from cocoa waste, and using this product of extracting high-value oil from cocoa waste and using that same oil for so many industrial purposes to the point of even using it as a soil bio-remediation agent for illegal mining (galamsey) polluted lands.”
He continued: “You know I had this dream, but how to raise funds to support that dream or bring that dream into reality was a challenge. So, I am overly excited to have won this award from Fidelity Bank Ghana”.
Head of Partnerships, Sustainability, and CSR at Fidelity Bank Ghana, Nana Yaa Afriyie Ofori-Koree, said the Bank believes that transformative change begins with bold ideas.
“Our collaboration with Innohub ensures that these entrepreneurs receive the financial support, mentorship, business development services, and networks they need to bring their ideas to life and drive lasting growth.”
Instructively, the GreenTech Innovation Challenge (GTIC) is designed exclusively to support idea-stage greentech businesses that address pressing challenges in Ghana’s agricultural value chain.