As part of a Cameroonian government program to modernize street lighting, MPower won a project to install solar street lights. In September and October 2020, 46 solar-powered street lights were installed for this purpose in Bafia, a city north of Yaoundé. In this project, MPower with was responsible for the local manufacturing of the poles and the procurement, financing and installation of the street lights. The aim of this project is not only to strengthen the economic development but also the security of the area.
The trigger for this government program is the inadequate power supply in Cameroon. Due to overloads of the power grid at peak times, the whole country regularly experiences power outages. In order to keep community buildings running, the government provides diesel-powered emergency generators, which are, however, very costly and harmful to the environment. To ease the burden on the power grid, the Cameroonian government has launched a program to modernize street lighting. This project has been pushed forward by different public and private groups. In addition to the efforts to replace the old street lights and to operate them with solar energy, streets also in rural areas are now to be illuminated. This is also the case in the rural area of Bafia, where the MPower lights are illuminating Cameroon’s streets.
In order to continue to realize such projects, the MPower is currently conducting a “crowd lending” round onCrowd4Climate. MPower’s vision is to provide renewable and decentralized energy to as many households and SMEs as possible. The crowdlending campaign enables the financing of more than 1000 solar systems: A milestone on the way to fulfill MPower’s vision.
The proposed CSR strategy uses decentralized solar solutions combined with an innovative financing scheme to empower local communities, reduce forest degradation and deforestation practices as well as carbon emissions.
Proof of Conecpt
MPower kicked off a pilot project with Barry-Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa, in January 2019. The project targets 600 cocoa farmers in four cooperatives in Cameroon and distributes, together with MPower’s local partner, a set of cost-effective solar kits focusing on lighting, mobile phone charging and larger systems for productive use. The project demonstrates how a successful collaboration between a multinational company, an innovative facilitator and local distributors can lead to a sustainable, fully commercial and profitable project with large-scale potential to empower African farmers.
Gains for the Community & the Multinational
There are numerous benefits of the collaboration.
Main benefits for the community:
Access to clean and reliable energy
Icreased productivity through smart agricultural tools and other powered electric devices
First-ever credit histroy
Yearly savings for households from USD 60 upwards depending on system size
Empowering local communities and entrepreneurs by providing an opportunity for income
Main benefits for the cooperation
Very effective way to implement company’s CSR concept and vision
Significantly reduce the company’s carbon footprint
Improve employees / supplier’s loyalty vis-à-vis the company
Increase productivity e.d. through smart sprayer, solar pumps, headlights)
No technical risk for the company
Here you find a short report about our activities in Cameroon:
Renat is an entrepreneur and pioneer in the field of sustainability, climate change and renewable energies. Graduated from Harvard and ETH Zürich, he is the CEO of South Pole, member of Climate-KIC and WEF’s Global Agenda Council on Climate Change and has been elected “Social Entrepreneur of Switzerland” by the World Economic Forum in 2011.
Michael is a dedicated professional with a passion for impact investing. Also a Johns Hopkins SAIS alumni, he worked for different NGOs and international organizations (FS-UNEP, CAF, Perspectives) before joining MPower. Michael is an expert in sustainable finance, business development, fundraising and Africa.
Manuel is an entrepreneur and renewable energy enthusiast. After an M.A at Johns Hopkins SAIS, Manuel worked extensively in the solar sector (Yingli Solar, Q-Cells), as well as for Deutsche Bank. Together with Michael and Greg, he decided to found MPower in 2017. His expertise includes solar, strategy, business development and Africa.
Gregor is a driven business and finance expert. After pursuing an MBA at the IE Business School in Madrid, he worked as a partner at a boutique auditing and international tax advisory, before deciding to found MPower. Gregor has expertise in finance, accounting & tax, Latin America.
Dieter is a South African senior executive for DMCM Advisors. Previously, Dieter was Chief Executive and Financial Officer for SABMiller. His expertise includes management, sustainable finance and he strives to support and contribute to the growth of the African economy.
Alejandro is a serial entrepreneur. After completing his degree in Computer Science at the Universidad Militar Nueva Grenada (Colombia) and participating at Y Combinator, he co-founded multiple app-based or educational video games related start-ups. Alejandro is an expert in IT and Software Development (front-end and back-end).