Save your energy
MetadataShow full item record
CTA. 2002. Save your energy. Spore 100. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/47633
Internet URL: http://spore.cta.int/images/stories/pdf/old/spore100.pdf
Doing business costs energy, figuratively and literally. One way of helping an enterprise to produce more efficiently and sustainably is to cut back on energy costs. As part of its commitment to Agenda 21, and with funding from the UN Foundation,...
Doing business costs energy, figuratively and literally. One way of helping an enterprise to produce more efficiently and sustainably is to cut back on energy costs. As part of its commitment to Agenda 21, and with funding from the UN Foundation, the United Nations Environment Programme (UNEP) launched the African Rural Energy Enterprise Development (AREED) in 2002 to encourage businesses that use clean, efficient and renewable energy technologies to meet the energy needs of under-served communities in rural areas. These include solar, wind, water and biomass. With a total loan fund of about US$ 2.5 million, AREED can assist start-up entrepreneurs with early stage funding, enterprise development services, training and partnerships with financial institutes and NGOs. The support can also be provided in a phased approach: for example, by first making a small loan to fund the preparation of a business plan. Then, if the plan is viable, AREED can allocate a loan to finance the starting-up of the company. Finally, as the company becomes established, further loans can be provided by other investors, partners or banks and AREED s support is no longer needed. AREED currently works in five countries in Africa and has 22 enterprises in its project pipeline. It is likely to expand to other ACP countries in the near future, and sister organisations are already present in Brazil (BREED) and China (CREED). In early 2002, the Senegalese company AME signed a loan agreement to start a business servicing solar hot water systems in Senegal. The first part of the loan has already been advanced to help AME build up a portfolio of service contracts, with the remainder of the loan depending on the success of this effort. In Zambia, the KBPS company will receive a US$ 73,000 loan to produce charcoal briquettes from sawmill waste. The company wants to construct another 15 efficient brick kilns and develop a marketing and distribution network. So, for the innovative, energy-focused and entrepreneurial minds among you, if you are resident in one of the five countries, ask for the application form or download it from AREED s Website, which also features business training courses and publications. AREED Mali I Togola, Mali-Folkcenter BP E4211 Bamako Email: firstname.lastname@example.org Fax: +223 20 06 18 AREED Ghana H Amissah-Arthur, KITE PO Box 6534, Kumasi Email: email@example.com Fax: +233 21 25 68 00 AREED Senegal S Sarr, ENDA-TM BP 3370, Dakar Email: firstname.lastname@example.org Fax: +221 821 75 95 AREED Tanzania O Lema, TaTEDO Email: email@example.com Fax: +225 02 22 77 44 00 AREED Zambia Prof F Yamba, CEEEZ PO E721 Lusaka Email: firstname.lastname@example.org Fax: +260 1 26 24 82 AREED c/o UNEP DTIE 39-43 quai André Citroën, 75739 Paris, France Fax: +33 1 44 37 14 74 Website: www.areed.org