3 minute read

2024 POWERING AFRICA SUMMIT

Empowering Last-Mile Communities: PIND Showcases its Impact at 16th US-Africa Business Summit

PIND was represented by its Access to Energy Manager, Mr. Teslim Giwa who leveraged the platform to showcase the importance of collaboration in providing reliable energy solutions to underserved communities, particularly in the Niger Delta region. He showcased PIND’s data-driven model, particularly its recent successful implementation in the United States Agency for International Development (USAID)-led Health Electrification and Telecommunication Alliance (HETA) project, which aimed at enhancing energy access to health facilities, businesses, and households in remote coastal communities in the Niger Delta region through innovative solutions.

Addressing the audience, Mr. Giwa said, “Innovative partnerships that address electricity as a value chain allows for scale and speed of delivery for energy goods and services to last mile communities” He added that PIND’s partnership with Power Africa through the HETA project installed energy cabins to electrify 12 healthcare facilities in Bayelsa, Delta, and Ondo. This project was a great platform to showcase PIND’s Access to Energy (A2E) achievements across its intervention areas.

Innovative partnerships that address electricity as a value chain allows for scale and speed of delivery for energy goods and services to last mile communities.

He spoke alongside other speakers such as Kormelia Shilunga, Deputy Minister of Mines & Energy of Namibia; Alfonso Chikuni,Secretary of Energy, Malawi; Caroline Emombou, CEO All On; and Richard Nelson, Coordinator, PowerAfrica. Overall, the session explored innovative solutions to addressing energy gaps in the continent while identifying opportunities to collaborate to accelerate energy access across Africa, reaching last-mile communities.

- Teslim Giwa

Also, in attendance was PIND’s Director of Strategy and Business Development, Aline Varre, who participated in a session tagged: “The Business and Philanthropy Nexus: Driving Sustainable US Africa Partnerships.

This session focused on the relationship between business and philanthropy and how effective collaboration enhances sustainable development and positive social impact in Africa. Other panelists were Travis Atkins, CEO of USADF; Ndidi Nwuneli, CEO of One Campaign; and Zouera Youssoufou, CEO of Dangote Foundation.

Partnership with Mastercard Foundation

In 2024, PIND exceeded its Phase III fundraising target by securing a $6.249 million grant from the Mastercard Foundation for the Youth Cassava Aggregation Project (YCAP). This multi-year investment will significantly scale PIND’s impact in agriculture and youth empowerment across the Niger Delta. The partnership will expand access to technical and vocational training, improve access to agricultural technologies, and strengthen market linkages for cassava farmers—further reinforcing PIND’s role as a leader in systems- based development programming.

Continuum Capital

To ensure long-term sustainability and scale, NDPI and PIND took a significant step forward in 2024 by establishing Continuum Capital as a Special Purpose Vehicle (SPV) in Nigeria. This strategic platform is designed to diversify our financial portfolio through innovative impact investing approaches. By leveraging Continuum Capital, PIND will be better positioned to attract new investments into the Niger Delta region, unlocking private sector capital to drive inclusive economic growth, support local enterprises, and expand the reach of our development programs. This marks a bold evolution in our efforts to blend social impact with financial returns, ultimately advancing our mission to create lasting change in the region.

This article is from: