Seedstars And Enel Announce Partnership To Create The Africa Energy Prize
Partnering with Enel will give Seedstars a unique opportunity to reward tech startups striving to tackle the African continent’s energy challenges.
The energy sector of sub-Saharan Africa is not yet able to meet the needs and aspirations of its citizens, with almost 600 million people lacking access to electricity. Only seven countries — Cameroon, Côte d’Ivoire, Gabon, Ghana, Namibia, Senegal and South Africa — have electricity access rates exceeding 50 percent. The rest of the region has an average grid access rate of just 20 percent. We believe this challenge is surmountable and the benefits of success are immense, as increasing access to reliable energy can turbo-charge economic growth in sub-Saharan Africa which is already home to…
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