Author: green

GIVE Ltd Wins the Prestigious Global Digital Energy Award in France

Green Innovation Ventures Enterprises Ltd/PowerPay is delighted and honored to be a winner and recipient of the 2022 European Union (EU)& Agence Française de Développement(AFD) Digital Energy Award for its contribution and innovation in Science and Technology in the energy sector with our PowerPay-IoT. The organization was well represented by our Executive Chairman Mr Geoffrey Mburu who received the prestigious Award on behalf of the team in Marseille, France . This is a huge recognition of the need to deliver the full benefits of electricity through productive use to more than 20,000,000 Africans being electrified every year and the role demand generation will play in ensuring that utilities and minigrids remain profitable as they extend access to energy to the last mile. 

https://www.afd.fr/en/actualites/afd-digital-energy-challenge-boosting-energy-access-across-africa-through-innovation

Kenya Off-grid Solar Access Project (KOSAP) Facility – Coast Kenya

Green Innovation Ventures Enterprises Ltd(GIVE Ltd) is among 13 other firms awarded  under  Kenya Off-grid Solar Access Project (KOSAP) facility, a flagship project of the Ministry of Energy, financed by the World Bank .  KOSAP is extending financing to the selected companies as part of the Government of Kenya’s efforts to achieve universal access to electricity by 2026 as per the Kenya National Electrification Strategy. About 1.3 million people in 14 counties will be linked to solar energy under a Sh390 million World Bank facility that targets to light up areas not on the national grid. GIVE Ltd  operations will be focused  in 4 counties of the Coast region of Kenya. 

This project, which is modelled to support private sector players to establish viable businesses in the underserved Counties, is an optimal option and a key plank in meeting our electrification goals throughout Kenya, so that no one is left behind,” Energy Principal Secretary Gordon Kihalangwa said.

https://www.businessdailyafrica.com/bd/news/counties/1-3m-people-to-get-world-bank-funded-solar-power-3862982

https://www.the-star.co.ke/business/kenya/2022-06-30-state-funds-firms-to-take-solar-power-to-14-counties/

GIVE Ltd Awarded RBF Grant under Kenya Off-grid Solar Access Project (KOSAP) Facility Financed by The World Bank

Green Innovation Ventures Enterprises Ltd(GIVE Ltd) is among 13 other firms awarded  under  Kenya Off-grid Solar Access Project (KOSAP) facility, a flagship project of the Ministry of Energy, financed by the World Bank .  KOSAP is extending financing to the selected companies as part of the Government of Kenya’s efforts to achieve universal access to electricity by 2026 as per the Kenya National Electrification Strategy. About 1.3 million people in 14 counties will be linked to solar energy under a Sh390 million World Bank facility that targets to light up areas not on the national grid. GIVE Ltd  operations will be focused  in 4 counties of the Coast region of Kenya. 

This project, which is modelled to support private sector players to establish viable businesses in the underserved Counties, is an optimal option and a key plank in meeting our electrification goals throughout Kenya, so that no one is left behind,” Energy Principal Secretary Gordon Kihalangwa said.

 

https://www.businessdailyafrica.com/bd/news/counties/1-3m-people-to-get-world-bank-funded-solar-power-3862982

https://www.the-star.co.ke/business/kenya/2022-06-30-state-funds-firms-to-take-solar-power-to-14-counties/

Acumen Academy Accelerator For Ventures Serving Displaced People

Excited to share that Green Innovation Ventures Enterprises Ltd will be participating in the AcumenAcademy Accelerator for Ventures Serving Displaced People! During the 10 week program supported by the IKEA Foundation and the Swiss Agency for Development and Cooperation and in partnership with the Refugee Investment Network, our Directors will join entrepreneurs across East Africa who are ready to be challenged, expand their leadership capabilities, and scale their businesses and impact. 

🎉 Learn more about the program here! 👇

https://acumenacademy.org/

https://app.acumenacademy.org/ventures-serving-displaced-people-accelerator

New MOU signed with SNV Netherlands

Green Innovation has today signed an MOU with SNV- Netherlands Development Organization to  support Marketing activities related to Productive Use leveraging Solar Energy(PULSE) in Kakuma, Kalobeyei and surrounding host communities.
The MOU is complementary to the activities that we are already carrying out in Turkana County. The partnership will help to accelerate our sales engagement by reaching a wider audience, strengthening our brand, and creating awareness about our products and services.

IFC- KKCF invests in Green Innovation Ventures Enterprises Ltd.

IFC-Supported KKCF Business Competition Announces Winners to Drive Development in Kenya’s Kakuma Refugee Hosting Area

Announcing the investees the IFC Regional Director for Eastern Africa Mr Jumoke Jagun-Dokunmu congratulated the winning companies among them Green Innovation Ventures Enterprises Ltd and remarked that the companies have a strong potential to not just uplift the lives of refugees and host communities in the Kakuma and Kalobeyei area, but also positively impact those living in the greater Turkana County,” He added that the IFC is committed to supporting development in challenging environments and show support in highlighting sustainable private sector solutions to help marginalized and vulnerable groups.

(Green innovations Directors Meeting With Development Partners In Kakuma – Turkana County )

PowerPay Creating Clean Energy Jobs For Women And Youth Entrepreneurs In Turkana

The energy sector in Africa needs women and youth, with the youth being Africa’s greatest asset. Women empowerment and youth participation are not only a mandatory condition but also a strong enabler to achieve the SDG7 and to guarantee universal access to energy by 2030.According to The African Development Bank, Africa’s youth population is rapidly growing and expected to double to over 830 million by 2050. If properly utilized, this increase in the working age population could support increased productivity and more inclusive economic growth across the continent. However today, the majority of youth in Africa do not have stable economic opportunities.

About 420 million youth aged 15-35, a third are unemployed, another third is vulnerably employed, and only one in six is in wage employment. Youth face about double the unemployment rate of adults, with significant variation by country. The consequences of youth unemployment in Africa are pervasive and severe: unemployment translates to poorer living conditions, fuels migration out of Africa, and contributes to conflict on the continent itself. Moreover, youth unemployment constitutes a failure to capitalize on one of the continent’s greatest assets for growth: its large and growing population of talented youth. There is urgent need to create opportunities for the youth in Africa. Addressing the various causes of youth unemployment on the continent will help drive inclusive economic growth, turning Africa’s demographic dividend into an economic one.

In conjunction with SNV and as part of our mission we are working to increase the participation of women and men in the clean energy value chain. GIVE Ltd recently trained 46 young men and women as last mile entrepreneurs in Kakuma Refugee Camp, Kalobeyei Settlements and hosting Turkana community. GIVE Ltd recruited 2 of the trained LME’s to join the team as PowerPay sales agents.

SHELL FOUNDATION REPORT : HOW EFFECTIVE MENTORSHIP INCREASED INVESTMENT CHANCES FOR AFRICAN-LED SOCIAL ENTERPRISES

HOW EFFECTIVE MENTORSHIP INCREASED INVESTMENT CHANCES FOR AFRICAN-LED SOCIAL ENTERPRISES

Few early-stage, innovative tech start-ups in A2E and SM have access to the kind of consistent, good quality support they needed to gain access to necessary funding. 30% of A2E and SM applicant start-ups reported only having access to high-cost support.