Kenya is a first in many a renewable energy innovation. The latest addition to this space is a solar-powered motorbike, a prototype of its kind in the transport sector. With the innovation of rural transportation interfacing with renewable energy, a lot of benefits are set to be realized in the rural transportation and trade sectors.
Energy Africa Indaba was held on February 21 to 22 in Sandton, South Africa and set to catalyze development of energy sector in Africa. It brought together political leaders, experts in energy, and stakeholders from all around the world. It saw its first ever Youth Energy Innovator exhibition and launching of the energyDRIVE initiative, in addition to the panels, keynote addresses and energy agreements reached at during the event. It also hosted the third annual Women in Energy conference.
Identity means everything to humankind. We are who we are because we hold onto an image of ourselves. This is power. It is control. Nothing gives people control over their lives more than financial identity. It’s with this knowledge that the Android app called TALA (formerly InVenture) came into play, riding on that concept. TALA is a FinTech (Financial Technology) company and app that allows customers in East Africa to access loans and other forms of credit directly through their mobile phones. The app collects data from around 10,000 data points and assesses borrowing potential to create a financial profile of the user.
It is one of a kind university, whose setting under acacia trees in Kenya’s North Eastern area and neighboring Ethiopia makes it ideal for its students. There are no exams or assignments and the students together with their lecturers meet after every three months. Yet this university has been credited with gathering landmark findings that are shaping academic discourses and guiding governments in policy making. Dubbed ‘The University of the Bush,’
The new year, 2017, has begun in earnest for the cleantech scene in Kenya, as M-KOPA, a local Kenyan clean energy company has been named among other contenders as an innovative outfit in the Global Cleantech 100. The company leverages mobile money penetration in providing solar energy to bottom-of-the-pyramid off-grid rural populations in Kenya and the region.
Many companies use traditional methods to measure the impact of solar power investments such as quoting the many dollars invested, number of people using their kits and areas covered by their product, which are inadequate tools for measuring social impact for solar power investments if we have to get it right. Traditional approaches of gathering data are not only expensive, take time to give results and complicated to use, but are also not helpful in terms of boosting solar power funding. The lean data approach proposed by Acumen could, not only bridge solar power funding gaps in developing worlds, but will also help companies to understand emerging markets.
Research undertaken by Greentech Media (GTM) predicts that over the next five years, the global solar market will demonstrate a cumulative average growth rate of around 8%, with emerging economies including India and Latin America leading the progress.