/Tag: Africa

Getting Africa fit for the future with impact investing

Investing for positive environmental and social impact or good governance (ESG) is becoming the norm rather than the exception in Africa. More than $428 billion in financial assets have been directed to ESG investing in southern, East and West Africa in the past year, according to African Investing for Impact Barometer (AIFIB). To understand both

The start of a new poverty narrative

Last September, the Bill & Melinda Gates Foundation released its annual Goalkeeper’s report, highlighting the extraordinary progress made in reducing extreme poverty around the world, while also warning that sustaining this progress would not be easy. We now have the first actual data points that ring the alarm bells about a new, unfolding story on global poverty

Everyone’s a winner? How ‘impact investing’ can make money – and do good

Rural families in Africa who need access to power and investors seeking a decent return on their money are getting together so everyone prospers. The cherry on the cake? It’s good for the environment too. British investors are funding solar kits for households in East Africa with no access to electricity. As families pay for

Africa: Driven to Extremes – How Poverty Fuels Extremism, and How to Help Africa’s Youth

Nairobi, Kenya — Poverty is a blight, and one that disproportionately affects sub-Saharan Africa. It is a vast and complex issue whose tentacles reach into many areas, including climate change, sustainable development and-crucially-global security. The link between poverty and violent extremism is compelling, and means that if we want to address extremism, we must fight

2017-10-29T08:02:35-05:00Tags: , |

Bentley TLN Members Engage Global Health Problems in Africa

Global health issues are no abstraction when you live and work alongside African villagers in urgent need of food, water, and basic sanitation, according to Bentley professors who have spent more than a decade engaged with such communities. Recently Bentley’s Health Thought Leadership Network, which advances impactful research in health and healthcare, supported the innovative

2017-10-29T07:53:29-05:00Tags: , |

Energy security key to eliminating poverty in Africa

GANDHINAGAR: Union minister for new and renewable energy, Piyush Goyal, launched the third 'Scaling Up Minigrids and Microgrids' programme, under International Solar Alliance (ISA) at the ongoing annual meetings of African Development Bank in Gandhinagar, on Wednesday. Goyal urged African nations to participate more actively in the international solar alliance and gain from the partnership

Access Power shortlists five renewable energy projects

A competition run by Access Power called the 'Access Co-Development Facility' (ACF) has officially closed. Five entrepreneurs have made it as the runner ups for the innovative $7 million funding and support platform for renewable energy projects in Africa. According to a company statement, the projects were selected from a pool of 82 qualifying projects

2017-05-23T07:46:48-05:00Tags: , |

Can crowd funding help scale up solar power for Africa’s poor?

When Ronald Van Harten arrived in Kenya from the Netherlands in 2015 he was determined to invest in solar-powered equipment for homes across Africa, make a profit and help the rural poor get energy. But within two years his company EcoZoom, which sells solar lights, radios, MP3 players and other equipment to some of Kenya’s

2017-05-14T09:19:17-05:00Tags: , |

4 Lessons for Entrepreneurs From Africa’s Solar Industry

In my opinion, the next hotbed of innovation is Africa, specifically the nations of South Africa, Rwanda and Kenya. Numerous industries are being disrupted at the moment, from the African mobile money market -- the undisputed leader of which is Kenyan startup M-Pesa -- to job hunting, by South Africa’s Giraffe, a mobile recruitment app for low-income

2017-05-09T08:21:49-05:00Tags: , |

South Africa: Is ‘All-in-One Healthcare’ a Dream?

Imagine walking into a primary healthcare clinic in the rural Eastern Cape where a nurse is able to diagnose complex forms of drug-resistant tuberculosis (TB). She uses a small, portable machine that resembles a Soda Stream cold drink maker. With this device the nurse can also measure the amount of virus in the blood of

2017-05-09T08:17:50-05:00Tags: , |

Off-grid systems are smart way to power all Kenyans

Kenya’s rate of electrification is one of the fastest in the world. It is part of an audacious plan by the Government to provide universal access to energy by 2020 in the context of Vision 2030. Much has been said about the Last Mile Connectivity Programme. But I believe Kenya will achieve its electrification goals

2017-04-30T20:27:13-05:00Tags: , |

Growth in Africa Has Bypassed Millions

The importance of tackling inequality in Africa cannot be overstated. Inequality is undermining growth and threatens to reverse the gains that have been made in the fight against poverty. Four of the world’s five most unequal countries are in Africa. In South Africa, three billionaires own the same wealth as the poorest half of the

Solar ovens and sustained poverty for Africa

Solar technology in Africa, including my country of Uganda, would bring good news to millions of people who today must use firewood, charcoal and dung for cooking. Millions of Africans die from lung infections caused by breathing fumes from these fires, millions more from eating spoiled food, drinking contaminated water and having spoiled medicines, because

2017-04-24T08:21:22-05:00Tags: , |

Climate change to worsen drought, diminish corn yields in Africa

Nearly 25 percent of the world’s malnourished population lives in sub-Saharan Africa, where more than 300 million people depend on corn, or maize, as their main food source. Maize is the most widely harvested agricultural product in Africa and is grown by small farmers who rely heavily on rainwater rather than irrigation. The crop is

2017-03-21T04:19:57-05:00Tags: , |

GreenWish to Invest $280 Million in Nigeria Solar Plants

GreenWish Partners, a Paris-based independent power producer, will invest $280 million to build solar-power plants in Nigeria that are expected to start producing electricity in the first quarter of next year. A plant in the southeastern state of Enugu will produce 100 megawatts, while the company will build two others of 50 megawatts each in

2017-03-21T04:20:38-05:00Tags: , |

Venturing Into New Territory at a Tech Company in Ghana

Stanford computer science student Musila Munuve, born and raised in Kenya, had long dreamed of putting his education and skills to work on the African continent. In the summer of 2016, the Seed student intern program gave him that chance. “For high school, I went to the African Leadership Academy in South Africa,” he said.

2017-03-15T10:33:15-05:00Tags: , |

The founder of KickStart International helps pave a path from poverty

The best way for millions of farmers in Africa to escape poverty is to move from rain-fed farming to irrigated farming. Irrigation transforms farming by allowing for annual production instead of sporadic production. Using the irrigation technology developed by KickStart International, a nonprofit social enterprise co-founded and led by Dr. Martin Fisher, farmers in Africa

2017-03-03T08:31:17-05:00Tags: |

Study: Mobile-money services lift Kenyans out of poverty

Since 2008, MIT economist Tavneet Suri has studied the financial and social impacts of Kenyan mobile-money services, which allow users to store and exchange monetary values via mobile phone. Her work has shown that these services have helped Kenyans save more money and weather financial storms, among other benefits. Read more at MIT

2017-02-23T10:15:57-05:00Tags: , |

No Electricity? A Low-Tech System Keeps Things Chilled

Simple solutions can often have dramatic effects. That’s the case in many parts of rural Africa, where the lack of access to or high cost of electricity prevents many people from basics most of us take for granted, like refrigerators. Nigerian Mohammed Bah Abba’s innovative food-cooling system adapted old-world technology into inexpensive, portable refrigerators that

2017-02-23T10:16:52-05:00Tags: , |