Green Business Area, access to electricity for a business zone

Already raised € 0
Requested budget 2023 € 16.800
Project information
Project code
06011
Sector
Energy
Funding
Donation
Country
Mali
Location
Barouéli, Segou-region, Mali
NGO
Humundi
Project duration
4 years (2022-2026)

Context

Many micro-entrepreneurs in Barouéli and its surroundings do not have access to electricity. The connection rate is 25% and there are many supply problems (power cuts, peaks). This energy no-man's land leaves little room for economic development in the region. Micro-entrepreneurs find themselves isolated, with no opportunities to expand their activities.

 

The creation of a Zone d'Activités Electrifiée (ZAE) will make it possible to offer shared energy services, optimize costs and promote links between the various economic actors (producers, processors and microfinance institutions).

 

 

Purpose

Provide quality electricity, mainly solar, 24/7 to micro-entrepreneurs and support them in establishing their businesses (administrative procedures and coaching). The ZAE will act as a breeding ground for local businesses.

Why OVO believes in this project

With quality electricity, micro-entrepreneurs can develop economically. That they can also count on coaching and that project is based on solar energy strengthens this project even more.

Social impact

Direct: creation of 5 to 10 micro-enterprises, 60% young entrepreneurs and women entrepreneurs. Indirect: 15 to 30 jobs created and impact on subcontractors.

Co-funding sought via OVO
2022
€ 16.800
2023
€ 16.800
2024
€ 16.800
2025
€ 16.800
2026
€ 16.800
Topic
  • Micro-entrepreneurship
  • Employment

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