Date: December 6th, 2017
Time: 8:30 am – 5:30 pm
Venue: Hotel Royal Orchid Azure, Lantana Road, Nairobi
This wPOWER partner event comes at a time when there is a greater emphasis and recognition on designing gender-sensitive programs across the energy supply chain. However, these are often bereft of knowledge on best practices available on the ground. What has succeeded so far? Who has achieved scale? wPOWER’s three strategic priorities on building evidence, sharing best practices, and advocacy will underpin the conversation for this event. Accessing appropriating financing to achieve scale, is also a challenge that many organizations face. What are best business models out there to achieve social impact and financial returns?
This event will be anchored on partner participation. In the morning, we will want to hear from you. What are your success stories (to celebrate of course!) and what are your current challenges. Partner insights will facilitate the sharing of ideas among the participants. In the afternoon, we have organized a unique workshop that will give the participants an opportunity to interact with investment experts. During this session, they will share strategies and insights on key elements of what a ‘bankable’ social enterprise model looks like and ideas to overcome financing challenges.
We are excited to bring this event to you to interact with fellow wPOWER partners to strengthen professional ties as well as explore opportunities for greater collaboration.
See you in Nairobi!!
The day will feature:
Moderator: RUCHI SONI, Program Manager, wPOWER
Questions for discussion for Panel 1 & 2:
Event attendees: Group Photo
11:30 AM: Panel Session 2: Partner Experience
Moderator: SIMON KIRAGU, Manager of Strategic Partnerships, wPOWER.
Rapporteur: TINDI SITATI, Communications Officer, wPOWER
Moderator: CHRIS ROE, Manager, GLOBAL DEVELOPMENT INCUBATOR (GDI)
Presentation 1: State of the off-grid market & understanding capital options
REZA FAZEL, Project Leader, OPEN CAPITAL ADVISORS
The off-grid solar sector has seen impressive growth over the past 5 years and is proving to be highly effective for enabling sustainable access to basic electricity services for under served populations. With this advancement in the sector, financing is getting larger — but is still a bottleneck for further growth. By assessing capital need trends, sharing the current state of investment, and providing an insight into financial products, this presentation seeks to lay the foundation to off-grid financing and build an improved understanding of capital options in the sector.
Presentation 2: An alternative approach to human capital development
RAHUL BANSAL, Deputy Director, CLIMATE KIC
The current global challenges such as climate change, digitisation, energy access are complex and require a network of organisations and active change agents worldwide. Human capital and individuals are the lifeblood of this ecosystem, continuing to learn, create and disseminate new knowledge for the community. We need to educate, inspire and empower leaders and citizens to help them turn their ideas into impact and catalyse the creation of a low-carbon society.
Whilst there has been substantial growth in the market over the last five years, we have seen the financing conversation change. Equity investors are becoming more selective and debt financiers are less willing to take equity risk. In addition, we have seen new business models develop that differ from the first round of solar companies. This presentation highlights two case studies of companies who have successfully raised funding with two different business models.
SHELMITH THEURI, Investment Officer, SUNFUNDER
DR. LINDA DAVIS, Director of Strategic Relationships, wPOWER.
This session is open to media and will be live-streamed on wPOWER social media channels. A communications toolkit, including live-stream details and draft social media posts, link to the live-stream will be shared with all speakers made before the event.