Increasing African private sector investments within a changing - - PowerPoint PPT Presentation

Increasing African private sector investments within a changing climate

By Ruth Ndegwa 7th December 2017

• Kenya Climate Innovation

Center registered as a company in January 2015

• Governance: Board of

governors – 9 members from consortium, private sector & government

• Funding 100%
• Thematic Areas
• Renewable Energy
• Agribusiness
• Water

About KCIC

Advisory services Financing Access to facilities Access to Information Enabling Environment

Delivery areas

Kenya CIC provides a hub for support

Kenya CIC services and activities

Business Training

Technical Training § Financial, Tax & investment § Seminars and Events § Marketing, strategy, HR Advisory Services Enabling Environment § Advice & advocacy Policy Support § Product design, & development courses Advisory Service § Packaged services § Mentorship

International Collaboration

§ CIC Network § Matching services Access to Information Technology Information § Tech & performance data quality § Market Intelligence § Sector trend analysis § Competitive Landscape Finance Information § Database Access to Facilities Outsourced § Office & networking space § IPR support § Testing and demo § Product design and adaptation § Prototyping In-sourced Market Information

Regional outreach and visibility

§ Partnerships § Awards & Competitions § Conference & Event

Our model

Kenya Climate Innovation Center (KCIC)

• Providing risk capital through a

highly flexible fund that offers financing through two windows, namely proof of concept and ESFM

• Facilitating other sources of

financing through syndicating investors, building partnerships with banks to facilitate working capital finance and facilitating consumer financing to ensure technology adoption in the market.

Kenya Climate Ventures (KCV)

– Aims to be a strategic financial investor for commercial early stage investment model and catalyze and facilitate investment in the climate change sector. – Providing capital, with high engagement and technical assistance.

Finance

Proof of Concept Funds Early Stage Financing (New) Seed Fund - Kenya Climate Ventures Just closed 3 deals amounting to USD 1,000,000 Leveraged funds USD 24 million

Kenya CIC provides a hub for financing

1 2 3 4

USD 1.1 million disbursed to 26 enterprises

Renewable energy (biogas, solar, improved cook stoves and biomass) Contributes to low carbon and reduction of equivalent greenhouse gases (GHG) emission. Agribusiness (climate smart agriculture and food value addition) Contributes to climate resilience hence decrease food waste, increase food security, help in stabilizing volatility of incomes for agricultural and supply chains. Water Management (water efficiency technologies and monitoring systems) Contributes to climate resilience through access to clean water.

Roles of our SMEs in addressing climate change

Success Cases

7

Mineral & Allied PowerGen

PoC Grant – USD $ 47,050 To conduct a survey to determine their suitability for solar micro-grids in Kenya; to test out the various designs for the PowerBox structures and installed two solar micro-grid systems. Impact: Installed over 20 m i c r o - g r i d s a f t e r P O C financing; secured $1.5 million as a repayable grant from AECF; and hired over 39 employees and currently expanding into the Tanzania market.

Human Needs Project

PoC Grant – USD $50,000 To test the commercial viability of a water business model and payment systems. Impact: HNP sells water at price

• f KES 2.00 and 5.00 per 20 litre

jerry can to bulk water vendors and households respectively. The average sales a day is 50,000m3 litres of water and so far HNP has sold clean water to

• ver 5,240 customers.

PoC Grant – USD $ 39,768 To conduct and operatize 2 hydroponics demo farms. Impact: Installed 285 systems in Kenya, 4 in Uganda and 1 in Tanzania, hired 8 additional employees SEED Fund – USD $ 620,000 and USD 350,000 from USAID and KCV respectively Plans to diversify their products and improve market upscaling. (ongoing)

Impact

258,438

• No. of customers

reached by supported enterprises

147,500

Tons of carbon dioxide equivalent mitigated

126,078

• No. of people

using low carbon energy sources

32%

Percentage increase in agricultural production

113,118

• No. of people

accessing clean water

33%

Percentage growth in revenue by enterprises supported by KCIC

150

• No. of businesses

supported

83

• No. of businesses

commercialized

• About KCIC: https://www.youtube.com/watch?v=ncx54nnciB0