African Companies Win $100,000 Each for Energy Projects

GE Africa, US African Development Foundation (USADF) and US Agency for International Development (USAID), have awarded 11 winning companies and enterprises from Tanzania, Kenya, Nigeria, Ghana and Ethiopia which will receive grants of up to $100,000 each.

Winning projects include five solar systems, three biogas generation projects, and a small hydro-electricity power plant, providing over 10,000 people that did not have prior access, with electricity.

The awards were announced during President Obama’s trip to the Global Entrepreneurship Summit in Nairobi, as part of his continued commitment to Power Africa and providing underserved communities access to energy.

The Off-Grid Energy Challenge, part of the Beyond the Grid Initiative funded by GE Africa, will award 50 or more grants of up to 100,000 dollars each, to African companies providing off-grid solutions that deploy renewable resources and power economic activities.

This three-year project is financed to the tune of five million dollars.


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