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For billions of people around the world, access to energy is a daily struggle. To do something about it, Total, ENEA Consulting, Acumen and SEforALL launched the Energy Access Booster, a call for projects held to support African entrepreneurs.
According to SEforALL, 1 billion people in the world today lack access to electricity. Close to 3 billion cook or heat their homes with fuels that emit indoor air pollutants that kill nearly 4 million people a year. The solution is to supply them with reliable, affordable and clean energy, in line with UN Sustainable Development Goal 7.
Four Partners for the Energy Access Booster Call for Projects
To tackle these development issues, Total, ENEA Consulting, SEforALL and Acumen launched the Energy Access Booster, a call for projects that supports energy access entrepreneurs in Africa. "We aim to choose the sector's best entrepreneurs and provide them a comprehensive support until they're mature enough to interest investment funds," says Florian Temime, investment manager at Total Energy Ventures.
The call for projects targeted deployment-stage businesses focusing on one of four areas — distributed green mini-grids, sustainable mobility, refrigeration (cooling or cold storage) and energy for drinking water and agriculture — "Very promising segments for which very few projects exist," says Florian Temime.
After being evaluated on six stringent criteria, five winners will receive support and coaching, based on their needs and the partners' respective abilities and resources.
"We're convinced that combined expertise and means are the key to growing the energy access sector. We have to be able to get people together, help drive local development and promote innovation, while fulfilling the promise to nurture profitable ideas that can be reproduced," adds Florian Temime.
Applications were accepted from June 27 to July 29, 2018. Five winners were announced from among the many entries:
Says Florian Temime in conclusion: "Some winners are really bowled over when they hear the news. That means we made the right choice and will help them realize their entrepreneurial dream. That's also a success and a point of pride for us!"