WeTu Steps Up Social Entrepreneurial Approaches in East Africa
Siemens Stiftung launched WE! Hub Victoria Ltd, Kenya, a social enterprise on the shores of Lake Victory in March 2019. In Swahili “WeTu” means “ours” and true to its spirit – the enterprise aims to create self-sustaining business operations for the community. The fundamental business is to support crucial basic supply areas by selling and dispensing safe drinking water, renting specially designed solar lanterns for fishing, and delivering e-mobility solutions. The enterprise will also train locals on health and hygiene, business processes, and improve technical skills to sustain the venture for the long run.
Rolf Huber, Managing Director of Siemens Stiftung shares the inspiration and the vision behind the new enterprise. He explains why social entrepreneurial approaches go the distance in improving living conditions with better access to basic ammenities along with creating new economic opportunities. Read the full interview.
Interview with Huseyin R Demirhisar from BiD Network: “Good Technology is Mutually Beneficial”
In this post, we highlight an interview of Siemens Stiftung’s newest report “How Digital Solutions May Enhance Social Financing” with Huseyin R Demirhisar, CEO, Co-founder and Managing Partner of the BiD Network.
Interview with ARED’s Henri Nyakarundi: “Fundraising is about networking”
In this post, we highlight an interview conducted with Henri Nyakarundi, Founder of African Renewable Energy Distributor (ARED), which originally appeared in Siemens Stiftung’s newest report ‘How Digital Solutions May Enhance Social Financing’.
Discussions about how to Improve Social Financing are recurrent – and that’s the way it should be
There is no event, publication or discussion about social financing that doesn’t point to the mismatch between the provision of capital supposedly designated to create impact and the financing needs of social enterprises. Innovative forms of financing have been designed in the last years, including patient capital, crowdfunding or social impact bonds, and the amount […]
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