By GroFin Managers, 24 June 2019 From mobile money to blockchain and data analytics, fintech is not only disrupting the way corporate financial institutions operate, it also presents far-reaching opportunities for social enterprises and development finance institutions to strengthen their impact and efficiency. Shell Foundation (SF) supports innovators to test new technology and enterprise models…
Key Facts Distributed nearly 8,500 solar home systems in over five Ethiopian regions Able to leverage 7,400 BelCash agents network and brand Many of the worlds 1.3 billion off-grid population are concentrated in a limited number of large frontier markets, like Ethiopia. HelloSolar was co-created by SF and BelCash, the leading mobile money and Value…
Aceleron has undertaken two projects with another of our partners, Bboxx, to investigate the viability of replacing lead-acid batteries currently in use with Aceleron’s advanced Li-ion offering. The Bboxx pilot has demonstrated the ability for Aceleron to successfully build and deploy advanced Li-ion batteries that are fit for purpose and have a number of advantages…
Key Facts Future-Fit Foundation’s ‘Business Benchmark’ offers a holistic framing for companies to identify, measure and manage the positive and negative aspects of their social and environmental impacts The Business Benchmark provides assurance-ready, transparent metrics to help businesses compare their current performance against the outcomes needed for a sustainable future, and report their results to investors These…
KEY FACTS 8 mini-grid sites ranging from 90kW to 100kW in West Africa, currently powering over 3,300 households and businesses Secured over $2m dollars in funding from GIZ to deploy two project site to power over 6000 interconnected grid/mini-grid customers Secured MOU agreement with three major electricity distribution companies to develop over 100MW project pipeline…
KEY FACTS Has provided seven loans to six investees for a total committed amount of US$15m Has invested in clean cooking (stoves, home biogas) and clean drinking water (in schools), reaching a total of approximately 3.1m low-income consumers With BIX Capital support, the SMEs were able to distribute >120,000 products. BIX is an investment vehicle…
The latest Uganda Energy Off-grid Market Accelerator (UOMA) report focuses on innovative models that can leverage digital financial services to accelerate access to energy. Increased mobile phone technology and digital services have created an array of new business models and opportunities for off-grid energy and this report looks at how digital financial services haves helped…
Key Facts Has built a platform known as OmniBranches that delivers financial and non financial services to the underserved market OmniBranches leverages a widespread network of about 20,000 agents to deliver services throughout Nigeria Is partnering with NoMap (the Nigeria Off-grid Market Acceleration Programme) to address the payment collection difficulties faced by Solar Home Systems companies Swifta…
KEY FACTS Serviced more than 30,000 households and empowering 23 waste picking entrepreneurs Created over 250 predictable livelihoods for wastepickers Diverted over 1000 tonnes of waste per month away from landfills Set up a 30 tonne per day organic waste to compressed bio gas facility Hasiru Dala Innovations is a social enterprise that is focused…
Key Facts Promotes local assembly of solar lighting products Coordinates sector initiatives for higher impact Supports the organisation of networking events and follows-up on the implementation of agreed joint action points to solve the identified bottlenecks for accelerating energy access in Ethiopia Is innovating and piloting a remit-to-pay platform to tap into the capabilities of…