Increasing African private sector investments within a changing climate By Ruth Ndegwa 7th December 2017

•  Kenya Climate Innovation Center registered as a company in January 2015

•  Governance: Board of governors – 9 members from consortium, private sector & government

•  Funding 100%

•  Thematic Areas - Renewable Energy - Agribusiness - Water

About KCIC

Advisory services

Financing

Access to facilities

Access to Information

Enabling Environment

Delivery areas

Kenya CIC provides a hub for support Kenya CIC services and activities

Business Training

Technical Training

§  Financial, Tax & investment

§  Seminars and Events § Marketing, strategy, HR

Advisory Services Enabling Environment

§ Advice & advocacy

Policy Support

§  Product design, & development courses

Advisory Service

§  Packaged services § Mentorship

International Collaboration

§ CIC Network § Matching services

Access to Information

Technology Information

§  Tech & performance data quality

§ Market Intelligence §  Sector trend analysis § Competitive

Landscape

Finance Information

§ Database

Access to Facilities

Outsourced

§ Office & networking space

§  IPR support

§  Testing and demo §  Product design and

adaptation §  Prototyping

In-sourced Market Information

Regional outreach and visibility

§  Partnerships § Awards &

Competitions § Conference & Event

Our model

Kenya Climate Innovation Center (KCIC)

•  Providing risk capital through a highly flexible fund that offers financing through two windows, namely proof of concept and ESFM

•  Facilitating other sources of

financing through syndicating investors, building partnerships with banks to facilitate working capital finance and facilitating consumer financing to ensure technology adoption in the market.

Kenya Climate Ventures (KCV)

–  Aims to be a strategic financial investor for commercial early stage investment model and catalyze and facilitate investment in the climate change sector.

–  Providing capital, with high

engagement and technical assistance.

Finance

Proof of Concept Funds

Early Stage Financing (New)

Seed Fund - Kenya Climate Ventures

Just closed 3 deals amounting to USD 1,000,000

Leveraged funds USD 24 million

Kenya CIC provides a hub for financing

1 2 3

4

USD 1.1 million disbursed to 26 enterprises

Renewable energy

(biogas, solar, improved

cook stoves and biomass)

Contributes to low carbon and reduction of equivalent greenhouse gases (GHG) emission.

Agribusiness (climate smart

agriculture and food value addition)

Contributes to climate resilience hence

decrease food waste, increase food security,

help in stabilizing volatility of incomes for agricultural and supply

chains.

Water Management

(water efficiency technologies and

monitoring systems) Contributes to climate

resilience through access to clean water.

Roles of our SMEs in addressing climate change

Success Cases

7

Mineral & Allied PowerGen

PoC Grant – USD $ 47,050 To conduct a survey to determine their suitability for solar micro-grids in Kenya; to test out the various designs for the PowerBox structures and installed two solar micro-grid systems. Impact: Installed over 20 m i c r o - g r i d s a f t e r P O C f inancing; secured $1 .5 million as a repayable grant from AECF; and hired over 39 employees and currently expanding into the Tanzania market.

Human Needs Project

PoC Grant – USD $50,000 To test the commercial viability of a water business model and payment systems. Impact: HNP sells water at price of KES 2.00 and 5.00 per 20 litre jerry can to bulk water vendors and households respectively. The average sales a day is 50,000m3 litres of water and so far HNP has sold clean water to over 5,240 customers.

PoC Grant – USD $ 39,768 To conduct and operatize 2 hydroponics demo farms. Impact: Installed 285 systems in Kenya, 4 in Uganda and 1 in Tanzania, hired 8 additional employees SEED Fund – USD $ 620,000 and USD 350,000 from USAID and KCV respectively Plans to diversify their products and improve market upscaling. (ongoing)

Impact

258,438 No. of customers reached by supported enterprises

147,500 Tons of carbon dioxide equivalent mitigated

126,078 No. of people using low carbon energy sources

32% Percentage increase in agricultural production

113,118 No. of people accessing clean water

33% Percentage growth in revenue by enterprises supported by KCIC

150 No. of businesses supported

83 No. of businesses commercialized

•  About KCIC: https://www.youtube.com/watch?v=ncx54nnciB0