Three young entrepreneurs in Nigeria have won $32,500 for their clean-tech solutions to climate-related problems, the Guardian reports.
Schrodinger Tech, Givo Africa, and E-Sam Energy Solutions won the top prize in the second cohort of the UN's Global Cleantech Innovation Program, which aims to promote clean-tech innovation and entrepreneurship to address the most pressing climate and environmental challenges.
According to the UN, Nigeria is one of the 10 most vulnerable countries in the world to climate change, as it has one of the highest energy poverty rates in the world.
"About 47% of its population does not have access to grid electricity and those who do have access, face regular power cuts," program officeruben Bamidele says.
"The economic impact of unreliable grid operations is estimated to be around $28 billion."
Read the Entire Article
A customized collection of news from foundations from around the Web.
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.