Did you know that Sub-Saharan Africa has the highest percentage of entrepreneurs in the world? We often look at Africa as a continent of problems only. But people’s potential is equal everywhere, only their opportunities are not.
We like to see the potential behind the poverty. And give people a little help to get off the ground and walk into brighter futures. And day in and day out we’re amazed by the number of genius ideas and the entrepreneurial spirit we meet in many African countries. So far, we have started working with a few partners in Ethiopia, Kenya, Uganda and Ghana, who are at varying stages of their development. Watch this space for more to come.
How Impacc Selects Ventures
We look for green ideas that create jobs and have early proof of success.
We constantly review hundreds of projects and prototypes in areas of extreme poverty. Of those, we select the few that have proven potential to become a sustainable business and to create green jobs, especially for women.
Our main criteria for selection
Innovative, eco-friendly business solutions contributing to social change
Social change and climate control can go hand in hand. We support the most innovative, sustainable ideas that won’t create new problems down the road.
Local technology serving local markets
We are convinced that those experiencing the problems are usually best-situated to solve them. Locally developed technology is most likely to meet local needs and easiest to maintain in the long run. In order to maximise the benefit for the local community, we focus on projects serving local consumers but also increase income throughout the value chain, sourcing from local suppliers and including local, especially rural distribution.
Scalable through our micro-franchise approach
The greatest need for investment is in underserved, unstable markets for businesses at the growth stage. When the concept has been proven by first success, but the risk is still too high for investors looking for reliable returns. We help businesses grow into a stable operations and scale and franchise their success to other regions and countries, thereby maximising impact wherever it is most needed.
HQ Location: Kampala, Uganda
Livelihoods improved: 600
Jobs created: 20
Many girls don’t go to school during their periods; pads are expensive and clog up toilets.
Our compostable pads from Uganda are made from papyrus and used paper, create local jobs and empower girls to go to school.
HQ Location: Addis Ababa, Ethiopia
Livelihoods improved: 25
Jobs created: 2
Standard wood stoves destroy forests and lungs. Our gasifier from Ethiopia produces charcoal while cooking, which can be turned into bio-char fertiliser and sold. Local technology using clay and used oil cans. Mini-franchises build, sell, repair ovens and market fertiliser for soil improvement.
Status: Investment candidate
HQ Location: Accra, Ghana
Livelihoods improved: 1.530
Jobs created: 17
Many peri-urban communities don’t have access to proper sanitation. Pit toilets tend to overflow during the rainy season. Our bio-digester toilets in Ghana reduce fecal waste by 90% and turn the solid matter into fertiliser. The pay-per-use model is affordable for poor households, ensuring the dignity, safety and hygiene pit latrines, let alone open defecation cannot provide.
Status: Investment candidate
HQ Location: Nairobi, Kenya
Livelihoods improved: 112
Jobs created: 112
Only 15% of plastic waste generated in Kenya ist recycled. Expensive building materials significantly contribute to the lack of affordable housing. The Gjenge Makers paving stones made from plastic waste are 7 times stronger than concrete blocks while only weighing half and contributing to the circular economy.
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Your donation creates jobs and prospects for people who currently live off less than $2 per day.
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