On March 27, the new Ethiopia Climate Innovation Center (ECIC) was inaugurated by senior representatives of the World Bank and the Government of Ethiopia. After the official ceremony, eight local climate entrepreneurs showcased their innovative ideas before investors, potential partners, and delegates from UKAid and the Government of Norway. Addisu Sime showed the audience how his green venture Gogle Energy Saving Stove has developed a climate-smart way to cook injera and provide hot water to thousands of households in Addis Ababa.
infoDev’s latest Annual Report highlights all the projects and activities implemented to support the high-growth oriented entrepreneur and the innovative enterprise. These are the ones who can scale up, create jobs, and positively impact their communities. Thanks to generous donor contributions and effective collaboration with the World Bank Group, over the past two years, infoDev has seen a tremendous expansion in operations, into more than 100 countries.
At a series of highly interactive panels on November 18 and 19, infoDev staff showcased key outcomes of the last three years in mobile innovation and agribusiness entrepreneurship, led other practitioners in project design workshops, and outlined a vision for promoting innovation activities within the World Bank and beyond.
On November 18 and 19, infoDev will host a workshop to discuss how to successfully foster innovation and promote entrepreneurship in developing markets. Specifically, the two-day forum will explore the role of the development community in promoting start-ups and new ventures, the levels of risk associated with supporting innovation, and infoDev’s contribution to the World Bank Group’s strategies and operations in the mobile and agribusiness sectors — for more information on the workshop’s sessions, see the agenda below.
Thirteen outstanding Saudi trainers were certified by infoDev to deliver its Business Incubation Management Training Program. They were awarded their certificates at the 5th Annual Saudi Technology Incubation Conference in Riyadh, Saudi Arabia. They will now provide training to other Saudi incubator managers across the country.
The latest report by infoDev, Crowdfunding’s Potential for the Developing World, finds that by leveraging technology, crowdfunding can serve as an enabling mechanism for new venture formation, job creation, and inclusive economic growth. This infographic highlights interesting facts and figures from the report.
A new report commissioned by infoDev studies the promise and the risks of crowdfunding as a tool to finance innovation and growth in developing countries. It also provides an in-depth case study of crowdfunding’s potential in funding clean energy and climate technologies.
As we approach the first anniversary of our Kenya Climate Innovation Center (CIC) later this month, we are reflecting on this year’s successes with profiles of entrepreneurs it has supported. This week in the spotlight, Eco Fuels Kenya, which is using the croton nut to locally produce clean energy and organic fertilizers.
infoDev is on the ground in East London, South Africa gearing up for its 5th Global Forum on Innovation and Entrepreneurship. Organized with the South African Department of Science and Technology, the 3-day Forum kicks off next week.