Providing low income Ugandan households with cost-saving, safe and eco-friendly energy solutions

Providing low income Ugandan households with cost-saving, safe and eco-friendly energy solutions

Providing low income Ugandan households with cost-saving, safe and eco-friendly energy solutions Sector: Clean Energy Year of establishment: 2012 (incorporated in 2013) Turnover 2016: 740, 000 USD (2015: 370,000 USD) Investment need: 1,0000,000 USD – 1,500,000 USD Product, Market Solution The company started its activities in 2012 producing briquettes and selling stoves purchased from a local manufacturer but with an overall vision of providing energy saving solutions. In 2013 the Company started producing their own energy efficient cook stoves.The briquettes are cheaper than traditional charcoal and burn longer allowing the users to make a saving of 20-40% of energy costs. The briquettes are fully made out of waste, for each kilogram of briquettes, 4.6 kg of waste is recycled. The energy-efficient stoves that allow the user to save up to 40% of the money usually spent on charcoal. They have also recently started selling small amounts of solar lamps and water filters, both relevant to reduce pollution and enable money savings. Entrepreneur and team The Company founder holds Master’s degrees in engineering, philosophy and economics and is currently pursuing doctoral studies on social entrepreneurship in Africa and is supported by a team of over 100 staff with a mix of local and expatriate staff. Turnover and investment need The Company’s turnover grew from $370,000 to $740,000 between 2015 and 2016. The Company is looking for financing to further scale-up through optimization of its production and distribution processes. The Company is looking to set up competent R&D team by hiring and training staff, increasing it’s distribution network by recruiting and training about 30 new micro-entrepreneurs per year . Impact The...
Providing last mile distribution and servicing solutions for solar products

Providing last mile distribution and servicing solutions for solar products

Providing last mile distribution and servicing solutions for solar products Sector: Solar Energy Year of establishment: 2010 Turnover: USD 50,000 – 150,000 Investment need: USD 150,000 Product, market solution and potential The company was established in 2010 and aims to solve the problem of accessibility and affordability of solar systems in rural areas. The Company recruits and trains to sell, install, maintain and repair solar products/installations in rural Uganda. The company aims to scale across Uganda and East Africa for the next 3-4 years as a for-profit entity with NGOs and other impact-oriented partners. Uganda can support up to 600 shops across all rural districts by end of 2018. The company hopes to have over 100 shops and have sold/repaired 100,000 solar products while impacting 500,000 people. Entrepreneur and Team The Company was co-founded by two talented and awarded entrepreneurs, with extensive experience in Solar, Sales and Marketing. Turnover and Investment need The company has a turnover of USD 50,000-USD 150,000 and is looking for an investment need between USD 150,000 as working capital to finance their expansion plans which include 100 new shops and franchises, 100,000 products sold, installed or repaired, training of 1,000 youth as technicians and affordable financing options for the base of the period that may not be in position to pay for products in cash. Impact The company trains youth between the ages of 19-30 within the communities so they can gain technical expertise and be able to install, maintain, and repair solar products. The company provides pay go enabled products and partnerships with SACCOs to those that can’t afford one off payments. Breaks...
Clean energy from agricultural waste

Clean energy from agricultural waste

Clean energy from agricultural waste Sector: Renewable Energy Year of establishment: 2015 Turnover: Post Pilot stage Investment need: 500,000 USD Product, market solution and potential The company was incorporated in 2015 with the main aim of delivering affordable, reliable and productive rural electrification through off grid renewable energy projects. At each power generation site, the company provides affordable high quality agro-processing services to farmers and also purchases sustainable biomass (agro-processing by-products) from both farmers and agro-processors, which is used as feedstock for the gasifiers. Gasification is used to produce clean energy from Agricultural Waste such as rice husks, maize husks/cobs, ground nut shells and coffee husks. Electricity is distributed via a combination of micro-grids and battery boxes to rural industries, households, schools and micro-businesses. The Company already has permits with the National Electricity Regulatory Authority and will sell electricity to the National Electricity Transmission Authority on a 20 year, inflation linked, USD denominated power purchase agreement. Entrepreneur and Team The Company founder is an Aerospace Engineer and serial entrepreneur and is supported by a team of both local and expatriate staff. The team has won several International awards. Turnover and Investment need The company is still in its post pilot stage and their investment need is 500,000 USD for growth and to be able to have 4 energy hubs running. Impact The company sees renewable energy from agricultural waste as an integrated solution to energy security, food security, climate resilience and poverty alleviation. The company has the following positive impacts; The company has helped reduce on deforestation by replacing charcoal/wood fuels with briquettes a cleaner, cheaper and more efficient...
Affordable clean energy solutions

Affordable clean energy solutions

Affordable clean energy solutions Sector: Clean Energy Solutions Year of establishment: 2008 Turnover: USD 150K-350K Investment need: Ideal USD 300k-500k Product, market solution and potential The company was founded in 2008, and distributes Liquefied Petroleum Gas (LPG) as a clean cooking fuel to households and institutions such as, schools, hospitals, restaurants and hotels. The company is an indigenous company and one of the big players in the LPG industry with a capacity of 35MT Storage capacity. It distributes affordable cylinder LPG gas starting from 3kg to 1000 kg, hosepipes, regulators and range of cookers from 1 burner to four burners.  By switching to LPG gas households and light commercial companies are able to reduce their energy bill by 25%. The company currently operates in the Capital City, Kampala and surrounding regions but is planning on expanding to other regions within with a potential of setting up centres in Rwanda, Eastern Congo, Malawi, and Northern Tanzania. Entrepreneur and Team The company was founded by a Medical Doctor who was trained in Europe. He’s very passionate about clean energy solutions and has authored several papers on clean energy. The Company has 30 full time staff, 15 people in sales team and 15 people manage the back office operations. Turnover and Investment need The turnover in 2015 was between USD 150k – 350k. The company is looking for an investment need between USD 300k-500k minimum and USD 1M-1.5M maximum. The maximum investment need will be used to branch out into most districts in the country and the minimum will be used to open up at least two new branch models which will...