- EmpowerAfrica
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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
African Changemaker
Kakebo is a Ugandan entrepreneur and environmental activist championing the transition from using firewood to using eco-friendly briquettes in Africa.
He is the Founder of WEYE clean energy CO. Ltd, a social enterprise that uses waste-to-energy business to empower youth and women to break the endless cycle of poverty.
Kakebo’s waste-to-energy initiative has trained nearly 1,000 youth and women, empowering them with skills and equipment to start and run briquette production units and plastic waste recycling businesses.
The project also provides waste-to-energy cooking and heating solutions to 10 schools, large-scale poultry farms and medium-scale industries. His innovative social business models have received both domestic and international recognition. In 2020, Kakebo was named the Commonwealth Person of the Year.
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African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a $500 million global credit facility to finance the purchase, movement and distribution of African goods across regional and international markets.
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The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All have announced the commercial launch of the $300 million Nigeria Distributed Renewable Energy Fund.
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Biochar Industrial Group (BIG), a Nigeria-based climate technology company, has raised $1.5 million in pre-seed funding to expand its biochar production model across sub-Saharan Africa.