72% of Ugandans lack access to electricity. Rural cooperatives and Community Based Organizations (CBOs) created by members of the community know this problem well. Solar energy, non-electric water filters, improved biomass cookstoves, and fuel briquettes are all modern low-cost technologies that can solve rural and refugee settlement energy problems.
The ENVenture program powered by New Energy Nexus empowers rural CBOs in Uganda to start clean energy enterprises. Through our Seed Incubator, we invest small amounts in a large number of CBOs. Over a 1-year period of monitoring their energy sales and loan repayments, the best performers are selected for our Growth Accelerator which offers larger debt, financial management support, and investment-readiness.
Access to energy