President/CEO of GE Nigeria, Lazarus Angbazo |
Over the next 3 years, not less than 20 individuals and indigenous African companies who come up with innovative solutions that address the Energy challenges of African communities and businesses stand a chance of winning up to USD 100,000 in grants to support their initiatives.
The judges
will be looking out for off-grid energy solutions that have created innovative
approaches to metering, payment, collections, or transmission. They will also
look out for entries that deliver sustainable energy to underserved marginal
populations without degrading the environment.
The Off-Grid
Energy challenge is the initiative of global infrastructure giants, General
Electric (GE) and the United States Africa Development Agency (USADF). The
initiative rides on the back of the Power Africa initiative announced by
President Barack Obama during his recent visit to Africa. The Power Africa
initiative seeks to drive growth in Africa by increasing access to reliable, affordable,
and sustainable power and by helping to ensure responsible, transparent and
effective management of energy resources on the continent.
The
President and CEO, GE Africa, Jay Ireland says he is excited that the Off-Grid
Energy challenge is generating increased awareness about the plight of
communities that are either underserved by the national grid or are not
connected at all. He said, “we have no
doubt that great solutions will emerge from this initiative, which will
ultimately provide some insight to how to tackle some of the off-grid energy
challenges in Africa”.
On her part
the President and CEO of USADF Shari Berenbach said the initiative will help
leverage more marginalized and underserved communities into positions where
they can engage in and benefit from inclusive economic growth. She said over
the last 30 years, the USADF has championed initiatives that have contributed
in catalyzing Africans out of poverty.
“We are
proud to be in partnership with GE on this initiative, which clearly resonates
with everything that USADF stands for,” said Shari Berenbach.
Winning
entries are scheduled to be announced on November 21 at a grand event in Lagos,
Nigeria.
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