Close Menu
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Facebook X (Twitter) Instagram
  • About
  • Contact
  • Advertise
  • Pipeline
  • Research
  • Podcast
Disrupt Africa
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Disrupt Africa
"Solar panels in Ogiinuur" by Chinneeb - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:Solar_panels_in_Ogiinuur.jpg#mediaviewer/File:Solar_panels_in_Ogiinuur.jpg

Accelerator launched for African off-grid energy projects

0
By Tom Jackson on June 17, 2016 East Africa, Hubs, North Africa, Southern Africa, West Africa

UK-based firm EnergyNet, which organises a global portfolio of investment meetings, forums and dialogues focused on the African power and industrial sectors, has launched a business accelerator facility for off-grid energy projects.

EnergyNet is launching its ‘Off the Grid Club’ with backing from the UN Foundation and the Electrification Financing Initiative, aiming to accelerate market-ready micro-grid and off-grid technologies across Africa.

The Off the Grid Club is a membership programme developed to bring together credible off-grid technology providers, financiers and regional leaders to invest in and accelerate the development of reliable and scalable power solutions for Africa.

Members of the facility will be given a platform and branding at EnergyNet conferences to showcase their products and network with potential investors.

“In emerging markets where economies are growing at a rapid pace, the fact that market ready technologies are not reaching millions of people disconnected from the grid is a major concern,” said EnergyNet managing director Simon Gosling.

“I’m delighted some of the world’s most powerful investors will finance innovative technology companies that are struggling to get to a point where they can say “see, it works”.”

The company is also using conference sponsorship fees to invest into the ‘Not Just Talking Fund for Energy Access’, which selected members of the initiative will have access to.

“The fund is ideally positioned to do what commercial funders cannot – finance ‘proof of concept’ commercial and sustainable projects of up to GBP50,000 (US$71,000). The simple fact that we’re investing sponsorship money and drawing on our partners’ knowledge to help entrepreneurs succeed is incredibly dynamic, and we fully encourage other conference companies to follow,” Gosling said.

Founding Members of the club, who will also invest into the Not Just Talking Fund and advise members on product launches, include Shake Your Power, PowerTurtle and Solektra International, the company that launched the Akon Lighting Africa Initiative.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleHow to play your part in the future of Kenya’s iHub
Next Article Zim agri-tech startup Hurukuro launches to enhance farmer efficiency
Tom Jackson
  • Website
  • X (Twitter)
  • LinkedIn

Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

Comments are closed.

DISRUPT AFRICA PODCAST
MOST READ
  • Ghanaian fintech company Zeepay secures $18m debt funding to accelerate expansion posted on May 7, 2025
  • Ghanaian retail-tech startup Tendo secures Renew Capital funding posted on May 2, 2025
  • Lagos-based VC firm Aruwa raises $35m, hits 90% of its Fund II at 2nd close posted on May 2, 2025
  • Nigerian teen tech trio wins global recognition for AI-powered forest monitoring system posted on May 19, 2025
  • Kenyan e-health startup MYDAWA secures undisclosed funding round for expansion posted on May 1, 2025

Newsletter signup

Sign up for our Newsletter

Working.........

Thank you for signing up!

LATEST DOWNLOADS
The African Tech Startups Funding Report 2024
The African Tech Startups Funding Report 2024
Download Now!

Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

The African Tech Startups Funding Report 2023
The African Tech Startups Funding Report 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Eloho Omame
Diversity dividend: Female fund managers in Africa – Eloho Omame
Download Now!

Finnovating for Africa 2023
Finnovating for Africa 2023
Download Now!

Diversity dividend: Female fund managers in Africa – The AfricInvest women
Diversity dividend: Female fund managers in Africa – The AfricInvest women
Download Now!
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Janngo Capital
Diversity dividend: Female fund managers in Africa – Janngo Capital
Download Now!

The African Tech Startups Funding Report 2022
The African Tech Startups Funding Report 2022
Download Now!

The Kenyan Startup Ecosystem Report 2022
The Kenyan Startup Ecosystem Report 2022
Download Now!

The Nigerian Startup Ecosystem Report 2022
The Nigerian Startup Ecosystem Report 2022
Download Now!

Diversity dividend: Female fund managers in Africa – Alitheia Capital
Diversity dividend: Female fund managers in Africa – Alitheia Capital
Download Now!

Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Download Now!

Copyright © 2014-2023 Disrupt Africa. All rights reserved.
  • About
  • Contact
  • Advertise
  • Sitemap

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version