SMEs Lead in Delivering Green Energy in Africa

GVEP International’s latest report reveals that small and medium-size enterprises (SMEs) continue to take a leading role in delivering green energy in sub-Saharan Africa.

In their Annual Review Report 2015, the non-profit organisation have partnered with firms to increase households’ access to sustainable renewable energy, with communities in off-grid areas gaining access to alternative energy at an accelerating rate.

“Almost 12 million people in sub-Saharan Africa are enjoying improved access to energy due to the growth of the 3,000 businesses we support. Collectively, these businesses are contributing to the eradication of poverty and development of a low-carbon economy,” Ben Good, GVEP’s CEO said.

According to the report, the number of people accessing energy has improved from last year’s seven million to 11.7 million.

This is in line with the global trends that show a 17 percent rise in investment in renewable power and fuel from last year. GVEP attributed the increase to the number of partnerships it has forged with various SMEs operating in Kenya, Uganda, Tanzania, Rwanda and Senegal. To date, the NGOs support 896 businesses in Tanzania and 583 in Kenya.

In Uganda it works with 415 SMEs compared to Rwanda’s 344 and 170 in Senegal.

The annual review details activities of GVEP as supporting SMEs to realise profitable growth, while expanding access to renewable energy such as solar and biogas.

Some 200 domestic stove makers in Kenya have benefited from the technical and financial support of the NGO. GVEP hopes to encourage use of alternative energy that is safe for the environment. The organisation is determined to deepen its co-operation with SMEs to deliver about 60 per cent of the power through off-grid innovations.

This post first appeared HERE

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