Received a warm welcome from Eng. Kipkemoi Kibias(Second right), Kenya Power Regional Manager, North Rift Region. Discussed synergies between our PowerPay IoT, the e-cap clean cooking and consumer financing project as well as it’s relevance to demand generation and sales growth as part of Kenya Power’s goals. Also present are Kenya Power Staff Wairimu Njehia(far left) and Abigail Ng’etich, as well as Geoffrey Kimiti from @PowerPayAfrica
(Interview courtesy of AFD)
Although 20 million people gain access to electricity in Africa every year, many are unable to enjoy the full benefits of electrification, due to the high prices of household appliances.
“Our IoT platform PowerPay aims to tackle this problem by digitalizing electrical appliances, enabling consumers to purchase equipment in small, manageable mobile installments and track energy consumption” says Geoffrey Mburu, co-founder.
Connecting off-grid low-income households and businesses, the project seeks to expand access to clean energy. Through a single platform, GIVE’s direct clients – appliance manufacturers, lenders, utility companies including mini-grids and energy distributors – can offer credit for consumers, monitor energy consumption, localize equipment and collect payments.
“By combining product acquisition with financing for cooking, cooling and other equipment, we are building an ecosystem that will move the next one billion people away from cooking with dirty fuels,” adds Mburu.
Below is the link to Mr Mburu, interview.
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.
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.
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.
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://app.acumenacademy.org/ventures-serving-displaced-people-accelerator
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.
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 )
