3 Ghanaian companies win $100,000 in Power Africa challenge
Three Ghanaian companies have emerged winners in the Power Africa Off-Grid Energy Challenge sponsored by General Electric (GE), the U.S. Africa Development Foundation (USADF) and the U.S. Agency for International Development (USAID). Each of the companies received a grant of $100,000.
The companies, Solar Light Company Limited, Kumasi Institute of Tropical Agriculture and New Energy, all submitted entries for innovative energy solutions that can be deployed to power socio-economic activities within communities in Ghana that are not connected to the country’s national grid.
The Ghanaian companies joined 19 other grant winners from Liberia, Nigeria, Tanzania, Ethiopia and Kenya. Over 300 entries were received from across the continent.
The Off-Grid Energy Challenge is part of Power Africa, President Obama’s initiative to increase access to reliable, affordable, clean and sustainable power in Sub-Saharan Africa.
Power Africa is also helping ensure responsible, transparent and effective management of energy resources in Sub-Saharan Africa. The three year initiative was launched in 2013 with 6 winners drawn from Kenya and Nigeria receiving $100,000 each, toward their renewable energy projects.
Source: Business World Ghana