A panel at Collision Conference today looked at the state of the energy grid in Africa. The panellists are involved in bringing sustainable energy solutions to the continent in various ways.
The artist Akon has founded Akoin to help people better deal with currency complications throughout the continent. The profits from the company are then used to fund solar installations so the coin and the continent can run sustainably.
The AKoin Ecosystem unlocks the potential of the world’s largest emerging economy through the creation of a stable currency and innovative, revenue-generating opportunities that stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world.
Jesse Moore from M-Kopa has built a solar panel company that sells solar energy directly to consumers. They’ve brought electricity to over 750,000 houses and are open to skipping the electricity grid entirely. Customers can’t afford the full installation but they they can afford to pay for electricity as it’s needed without having to connect to a larger system.
The future of sustainable energy in Africa is looking bright!