Mpower Ventures AG
Impact Startup
Welchem ökologischem oder sozialem Problem nimmt sich das Projekt an?
In Sub-Saharan Africa,500M people lack access to electricity and more are connected to unreliable grids. Underserved households and SMEs in SSA rely on expensive, and unreliable fossil fuel-based products that are expensive and harmful to the environment
Was ist der Lösungsansatz? Womit beschäftigt sich das Vorhaben?
We offer a 360 degree solution that consists of hardware components designed to generate, supply and store solar energy in various capacities, software that increases operational efficiency as well as financing solutions.
Wie wird es umgesetzt?
MPower's scalable business to business to consumer model allows us to partner with local distributors that already have a presence in these emerging markets by supplying them with clean energy products that they introduce to their existing customers
An welche Zielgruppe(n) richtest du/ihr euch?
The staggering 60% of individuals across the continent that find themselves without access to electricity, resorting to polluting energy sources like diesel generators as an alternative. These digital natives that lose 46% of their potential profits.
Wo wirkt das Startup?
Zambia, Togo, Namibia, Cameroon, Ghana and Switzerland
Status: 3. In der Durchführung
Wie kann man sich beteiligen?
MPower seeks support in terms of outreach, awareness and connections to potential investors individually or otherwise.
Persönliche Motivation der Gründer:innen
While developing utility-scale and commercial & industrial solar projects in Africa, I experienced first-hand the challenges of energy access and financial inclusion and realized that a huge market potential exists. A scalable solution was possible.
Die Vision
MPower Ventures believes in the enduring business viability of African economies. Our goal is for potential that lies in Sub-Saharan Africa should be realized by giving them access to clean, reliable and fossil free energy.
Der Gründungsgrund
MPower was founded because of a concrete belief in the economic potential of the African continent and our desire to positively impact peoples lives whilst also building a a business that promotes sustainability and accessibility.
Die Geschichte dahinter
MPower began with a team of less than ten people but has now grown to a team of over 50 people spread through all of our market countries. This makes the start-up a multicultural and dynamic place to learn and grow.
Team
Weitere Partner
- South pole
- responsAbility
- Power Africa
- Austrian Development Agency
- INOKS capital
- Technology Fund
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