• Tuesday, April 16, 2024
businessday logo


Sahara Group Foundation empowers young African innovators with seed funding


Sahara Group Foundation, the corporate social sustainability vehicle for Sahara Group has reaffirmed its unwavering commitment to support young African social innovators and entrepreneurs.

This commitment was underscored by the provision of seed funding to ten outstanding Fellows from its Sahara Impact Fund (SIF) Fellowship programme.

The Sahara Impact Fund Fellowship programme, a social initiative in partnership with LEAP Africa and Impact Amplifier, was established to empower young African social innovators whose enterprises are dedicated to improving access to clean energy and sustainable environments across the continent.

Read also : Sahara Group, others partner on environment sustainability

In its third year, the Sahara Impact Fund Fellowship programme welcomed twenty Fellows from various African countries who participated in a rigorous six-month fellowship.

The top ten Fellows have each been awarded $5,000 in seed funding to support the expansion of their socially impactful businesses.

During the programme’s closing ceremony, Ejiro Gray, director, the Sahara Group Foundation, commended the Fellows for their remarkable dedication and resilience throughout the program.

Read also: Sahara Group says proffering solutions to Africa’s energy transaction costs

She emphasized that “the Sahara Impact Fund Fellowship Programme was established to bolster Africa’s development by identifying and empowering young, creative social innovators working to create sustainable environments and bridge the energy gap in Africa.”

Ejiro Gray congratulated all twenty Fellows for their program completion and urged them to apply the knowledge and experiences gained to deliver lasting impact across Africa through their businesses.

The top ten recipients of this year’s seed funding from West Africa include: Paul Nnaluo, founder, Gas Monkey (Nigeria); Kehinde Fashola, founder, Fizzle Power Tech Limited (Nigeria); Muideen Adegoke, founder, DigitAgric Integrated Limited (Nigeria).

Other regions beneficiaries include: Andrew Mpashi, co-founder, Twalima Agro Solutions Limited (Zambia); Philipo Kitungano, founder, Kigoma Eco-cultural Tourism Enterprise (Tanzania); Ainomugisha Shifra, founding director, SOLAFAM Uganda (Uganda); Joyce Rugano, founder, EcoRich Solutions (Kenya); Muofhe Ratshikombo, CEO, Oumie’s Grandè (South Africa); Timothy Munthali, founder, Tawonga Cooking Oil Processing Enterprise (Malawi); Jolis Nduwimana, executive director, WEGE Company (Burundi).

Also speaking at the event, Kehinde Ayeni, executive director, LEAP Africa congratulated the fellows for their successful programme completion and encouraged them to persevere in their commitment to innovation and social progress.

Read also: Sahara Group commits to greening its operations across Africa, Europe others

She emphasized that the investment in their growth by Sahara Group Foundation and LEAP Africa reflects confidence in their potential and the power of their ideas to advance Africa’s development.

In his remarks on behalf of the graduating Fellows, Paul Nnaluo thanked Sahara Group Foundation and LEAP Africa for this inspiring learning experience.

He expressed gratitude for the invaluable knowledge and skills acquired during the fellowship and pledged to utilize them for meaningful change.

The Sahara Impact Fund Fellowship programme has since its launch in 2020, directly invested in over 50 African social innovators.

Through strategic initiatives like this, Sahara Group Foundation is dedicated to sustainably improving lives and livelihoods across Africa.