Crowdfunding Archives - AfricaBusiness.com

12Dec

By Africa BusinessNo Comments

WINCH ENERGY OPENS CROWDFUNDING FOR OFF-GRID RENEWABLES

Leading off-grid renewable energy provider, Winch Energy, has opened its crowdfunding campaign to fund solar off grid developments that will connect more people in Sierra Leone and Uganda to clean and reliable power. This campaign enables individuals to invest in Africa’s growing clean energy market via Crowdcube from as little as £10. Winch Energy’s work strives to help the UN meet its Sustainable Development Goals (SDG), specifically SDG 7, which ensures universal access to affordable, reliable and modern energy services by 2030. With less than a decade left, Winch Energy is targeting countries in sub-Sahara Africa, which has the largest proportion of people without access to energy, to make the biggest impact. Moving green energy forward in developing countries The COP26 summit in O...

1Oct

By Africa BusinessNo Comments

Real Estate, South Africa News

Clem Sunter and Wealth Migrate’s Scott Picken discuss scenario planning and its impact on the global and local property markets

Investors need to be aware of the red flags that bedeck the global economy and have the potential to derail the most careful preparation. This is the dire warning from scenario planner Clem Sunter, who is also the author of The Mind of a Fox and Thinking the Future. Wealth Migrate CEO Picken interviewed Sunter about the red flags to watch out for when assessing potential risks and opportunities as part of a recent exclusive webinar. The pre-recorded video of the webinar is now available and gives investors valuable insight into global and South African property investments as Sunter identifies the scenarios that could affect future investments. The webinar, which complements Sunter’s books, includes commentary from Picken, who has more than 20 years’ experience in the real estate indus...

8Jun

By Africa BusinessNo Comments

Energy, Green Energy, Sierra Leone, Uganda News

Winch Energy Launches Crowdfunding For Off-Grid Renewables

New clean energy opportunities in developing countries for UK and international investors Off-grid utilities provider, Winch Energy, is seeking to secure up to £1.5 million through a crowdfunding campaign for projects to accelerate the installation of renewable energy technology in Sierra Leone and Uganda. The Crowdcube campaign is part of an overall fundraising plan over the next two years and follows Winch Energy’s recent closure of the largest mini grid limited recourse financing deal so far, via Winch IPP Holdings. The London-based company has already received investment from partner ITOCHU Europe PLC and is opening crowdfunding alongside this raise to secure additional funding for new projects and future expansion. Founded in 2008, Winch Energy has offices in UK, Italy, Sierra Leone, ...

16May

By Africa BusinessNo Comments

Energy, Green Energy, Kenya News, Startups, Tanzania News

Solar Cow- a Samaritan for the Children in Need

The relief of indigence is the primary goal in bringing about a positive change in the lifestyles of children in Africa. To this day, 1 in every 5 children in Africa is devoid of the right to education owing to child labor. Since electricity is a dire need of people even in the utmost rural areas, many low-income families rely on kerosene lighting and exorbitantly expensive charging stations (taking up to 15% of their monthly income) to meet their energy needs, forcing children to toil hard to contribute to their income. That’s why YOLK invented ‘The Solar Cow’ – one of Time Magazine’s 100 Best Inventions of 2019. It’s a solar charging system installed in schools in the backward regions of Africa, allowing children to charge portable batteries called ‘Solar Milk’ while they attend class an...

5May

By Shahina ParvinNo Comments

Startups

XION CYBERX: e-Bike of the Future

The world is going through a transition. Technology is advancing every day with newer, better and more efficient techs replacing the old ones. To decrease pressure on the use of carbon-based fuels, new alternatives are emerging that use safe and renewable energy like electricity. The hype for electric cars tore the roof ever since tesla released their first, the Roadster. And what’s not to hype about! Electric cars are more efficient than traditional vehicles. However, not everyone owns a car, nor do they want to. That’s where the XION CyberX comes in. The XION CyberX looks like it came straight out of a futuristic sci-fi game. It was inspired by the theme of the infamous game Cyberpunk 2077, so that makes sense. CyberX is a fully customizable e-bike with cool laser printed side panels, v...

Innovative funding models in EduTech help to eliminate skills shortages

22Aug

By Africa BusinessNo Comments

Science, South Africa News, Startups

Innovative funding models in EduTech help to eliminate skills shortages

According to the latest figures released by Stats SA, South Africa’s unemployment rate jumped to a staggering 29% in the last quarter - the worst it’s been since 2008. The unemployment rate for the youth in particular is one of the highest in the world – currently sitting at 56.4%. With all eyes on government to curb the growing unemployment rates, President Ramaphosa has remained steadfast in his call to corporates to absorb more of the youth into the workforce. With the increased focus on how the country will lead the fourth industrial revolution on the continent, most notably in his last State of the Nation Address, Ramaphosa reaffirmed that skills and education was high on the new administration’s list of priorities. The high-tech industry is set to be expanded, by making sure that leg...