AkoFresh wins inaugural OPEC Fund Youth Entrepreneurship Award in Vienna

Date: 2026-07-01
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By:   Nana Appiah Acquaye

AkoFresh, an innovation emerging from UNICEF StartUp Lab Cohort 3, has been awarded the inaugural OPEC Fund Youth Entrepreneurship Award, receiving US$100,000 in recognition of its contribution to climate resilience and food security.

The award was announced during the OPEC Fund Development Forum 2026 in Vienna and celebrates young entrepreneurs under 30 who are developing scalable solutions to climate change, renewable energy access and food systems transformation across the developing world.

AkoFresh was recognised for its solar-powered cold storage technology designed to reduce post-harvest food losses by extending the shelf life of fruits and vegetables for up to 21 days. The innovation is complemented by refrigerated transport services and farmer training programmes aimed at strengthening rural value chains.

According to UNICEF StartUp Lab, AkoFresh’s solution directly supports smallholder farmers by reducing food waste, improving market access and increasing income stability in communities where post-harvest losses remain a significant challenge.

The organisation noted that the recognition underscores the growing role of youth-led innovation in addressing global development challenges, particularly in strengthening climate adaptation and sustainable agriculture systems.

The OPEC Fund Youth Entrepreneurship Award is part of a broader initiative to support high-impact innovations that demonstrate measurable development outcomes and potential for scale across multiple regions.

 

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