">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Friday, January 15, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

EnergyNet launches business accelerator for off grid energy projects across Africa

Milcah Lukhanyu by Milcah Lukhanyu
5 years ago
in Tech
5 min read
0
Image credits: 2016.spaceappschallenge.org

Image credits: 2016.spaceappschallenge.org

shutterstock_powerlinesAs 2,000 of the world’s most bankable investors in Africa and emerging markets around the world gather in London for the 18th Africa Energy Forum and Growing Economies Energy Forum, EnergyNet launches the ‘Off The Grid Club’ with backing from the UN Foundation and the Electrification Financing Initiative, to accelerate market ready micro-grid and off grid technologies across the continent.

The Off the Grid Club is a new membership programme developed to bring together credible off grid technology providers, financiers and regional leaders to invest in and accelerate the development of reliable and scalable power solutions for Africa. Members will be given a platform and branding at EnergyNet conferences to show case their products and network with potential investors.

EnergyNet’s Simon Gosling commented, “In emerging markets where economies are growing at a rapid pace, the fact that market ready technologies are not reaching millions of people disconnected from the grid is a major concern. I’m delighted some of the world’s most powerful investors will finance innovative technology companies that are struggling to get to a point where they can say ‘see- it works!’

EnergyNet is using conference sponsorship fees to invest into the ‘Not Just Talking Fund for Energy Access’ which selected members of the initiative will have access to. Gosling noted, “The fund is ideally positioned to do what commercial funders cannot – finance ‘proof of concept’ commercial and sustainable projects of up to £50,000. The simple fact that we’re investing sponsorship money and drawing on our partners’ knowledge to help entrepreneurs succeed is incredibly dynamic, and we fully encourage other conference companies to follow.”

READ  d.light partners micro lender Musoni to enable low-income consumers in Kenya to access solar energy at affordable prices

An existing member of the Club ElectriFI commented, “ElectriFI aims to support investments that have potential to add to new and improved connections in a financially sustainable way, but cannot be financed yet by commercial or development banks. We are eager to show what we can offer, and even more eager to learn from actors in the off-grid space. “

Founding Members of the Club, who will also invest into the Not Just Talking Fund and advise members on product launches, include Shake Your Power, PowerTurtle and Solektra International, the company that launched the Akon Lighting Africa Initiative.

EnergyNet first utilised the ‘Not Just Talking Fund’ in South Africa with an initial investment in Ugesi

Related posts

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0

How to fuliza by Safaricom guide

January 15, 2021
0

ASUS debuts new ZenBook Duo | Pro Duo, VivoBook, ExpertBook and Chromebook laptops at CES 2021

January 15, 2021
0
signal-apps

Is Signal That Different From WhatsApp? Here Are 5 Ways It May Be Different

January 15, 2021
0

Gold’s PowerTurtle solar project, which employed technology with the potential to be rolled out to around 400 schools across Gauteng Province.

Readers 1,557

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: energy
Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

cryptocurrencies

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0
How To

How to fuliza by Safaricom guide

January 15, 2021
0
Tech

ASUS debuts new ZenBook Duo | Pro Duo, VivoBook, ExpertBook and Chromebook laptops at CES 2021

January 15, 2021
0
signal-apps
Tech

Is Signal That Different From WhatsApp? Here Are 5 Ways It May Be Different

January 15, 2021
0
Tech

Between WhatsApp, Facebook And Signal Which Platform Collects More Personal Data?

January 15, 2021
0
uganda-8
Tech

This Is Why The Ugandan Web Is Currently In Turmoil And Their Internet Has Been Shutdown

January 14, 2021
0
Leadership

SEACOM suffers second major executive exit as CTO resigns

January 14, 2021
0
Tech

AppsFlyer, Nedbank partners to enhance app experience and user engagement

January 14, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Baidu establishes an Intelligent electric vehicle arm to bring autonomous cars on a road near you

January 15, 2021

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021

How we can all contribute to the Green revolution 

January 15, 2021

How to fuliza by Safaricom guide

January 15, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: