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.
Africa’s demographic transition is underway. In 2030, around 1 billion people in Africa will be between 15 and 64 – the so-called working age population. This corresponds to an increase of approximately 40% compared to 2018 (AfDB, 2019). These demographic changes represent a considerable opportunity. Countries in which the largest share of the population is […]
In this post, we highlight an interview from Siemens Stiftung’s recent report ‘How Digital Solutions May Enhance Social Financing’ with Dr. Sebastian Groh, Founder and Managing Director of SOLshare.
For Siemens Stiftung’s newest report ‘How Digital Solutions May Enhance Social Financing’ we talked with Karen Hitschke, Managing Director of Yunus Social Business, about the need of personal interaction for social entrepreneurs.