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.
At this year’s empowering people. Network (epNetwork) Workshop (epWorkshop) in Cairo, storytelling for social entrepreneurs and a specific peer coaching approach called ‘The Systemic Swiss Knife’ were both a focus. Barbara Börner, a senior expert with extensive storytelling and peer coaching experience, worked with participants on both approaches to use them as means to further […]
“Technology can overcome any obstacle when it is used to serve people and not profits.” – Muhammad Yunus, Nobel Peace Prize Laureate The term ‘technological innovation’ probably makes you think about exciting emerging technologies like Artificial Intelligence or Augmented Reality, but new technologies aren’t the only route to innovation. In fact, existing technologies, when applied […]
The following interview with Gagandeep Bakshi, Director & Head of Investment Banking at Intellecap, occurred as a follow-up to the ‘Innovative Financing for Social Entrepreneurs‘ round table discussions in Cairo. SIEMENS STIFTUNG: One topic that repeatedly came up during the round table discussion is the need to customize supporting programs that are targeted towards social […]