Invested Development and GVEP International recently conducted a survey in collaboration with Power Africa and UN Foundation’s Energy Access Practitioner Network to investigate the challenges that energy enterprises experience in emerging markets. Of course, company financing is a big issue, but we wanted to dig deeper into manufacturing, human resources, consumer financing, and sales. The goal was to identify the types of support products and services that the industry can provide to move the needle … read more
Momentum gathers in Power Africa initiative on BiztechAfrica
Standard Bank Group has renewed its commitment to the Power Africa Initiative, a multi-stakeholder project driven by US President Barack Obama. The Initiative aims to double power access in Africa by accelerating investments in the sector over the next five years.
The six initial partner countries are Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania. Each have set ambitious goals to boost their power generating capacity to enhance … read more
On Tuesday, the Obama Administration announced Beyond the Grid: a framework within the Power Africa initiative created to catalyze private investment in distributed energy solutions for the 240 million people living without household electricity in six targeted Sub-Saharan African nations. We are proud to be one of the 27 founding partners who have committed to investment of over $1 billion over the next five years.
Beyond the Grid has set a lofty goal that … read more
Here at ID, we are always excited to learn about innovative developments in the energy sector, specifically in off-grid technologies. In emerging markets especially, there is a real need for efficient, alternative energy products. The following articles detail recent some developments that will help to address this issue.
Calling all energy grid startups for this Hawaiian accelerator’s next program by Katie Fehrenbacher on GigaOm
Hawaii’s Energy Excelerator announced that it will soon be opening applications … read more