By ABCafrica reporter
The U.S African Development Foundation (USADF), in collaboration with partners Power Africa and GE has announced the winners of the 2017 Women in Energy Challenge in Uganda
Joint Energy and Environments Projects (JEEP) and Conservation and Development Uganda Limited (CODE) will each be awarded a grant of $100,000 to expand their renewable energy enterprises to reach women beneficiaries.
Dr. Maria Bawabya Senkezi, JEEP’s Chairwoman, says investing in women entrepreneurs is critical because “women invest money back into the community.”
The Women in Energy Challenge, part of the Off-Grid Energy Challenge, was launched in 2016 by USADF and GE to identify and accelerate enterprises either led by women or benefitting women, and help African entrepreneurs compete in the global economy.
The Off-Grid Energy Challenge is a part of Power Africa’s Beyond the Grid initiative, which aims to drive private investment in off-grid and small-scale renewable energy solutions. By funding energy entrepreneurs, USADF is bridging the energy gap for some of Uganda’s most vulnerable populations.
Joint Energy and Environments Projects (JEEP) is a 100 percent women-owned enterprise in central Uganda. With a $100,000 grant, it will install 6 green power units in Kalangala district, a remote island district in Lake Victoria. Fishing is the main industry in this island district in Lake Victoria, but commercial ice to preserve fish is both expensive and limited.
Conservation and Development Uganda Limited (CODE) is a majority-women owned enterprise in western Uganda; where surrounding national parks limit the amount of available firewood, and as a result, women bear the brunt of energy poverty, walking long distances in search of firewood and cooking fuel.
Through the grant, CODE will sell an initial 350 Agro-Eco kits using a flexible repayment financing model, which will provide alternative and safer fuel sources. Using a low-cost distribution system using Village Savings and Loan Associations, CODE will collect revenues and expand their business to impact more and more households in the region.
The U.S. African Development Foundation is the only U.S. agency dedicated entirely to Africa, and solely funding 100 pecent African-owned businesses and African entrepreneurs. “We launched this Women in Energy Challenge to find the best and the brightest female entrepreneurs that are making a difference in bringing electricity to rural communities. We are very pleased to see that these women-led enterprises are showing promise in finding alternative solutions to Uganda’s energy crisis,” says C.D. Glin, USADF President and CEO.