Saturday 20 October 2012

Viridis Africa 2012 – clean tech investment gaining momentum




Second year running, Viridis Africa is gaining ground as the primary clean tech investment conference on the African continent.

The conference invites clean tech investors to listen to business proposals from clean tech entrepreneurs in fields ranging from water conservation, waste management, renewable energy, biomass, recycling to green building and green chemistry.

This year, a number of international funders, such as the Overseas Public Investment Corporation (OPIC) from the US and Osmosis Investments from the UK are participating in the Johannesburg-based conference.
Other institutional funders that are participating in the event include Lereko Metier, Trium Investments, the Industrial Development Corporation, Business Partners, Sterling Waterford Securities, the National Empowerment Fund and the Technology Innovation Agency.

Business case presenters include Bettalights, Biogaspro Agama, St Francis Biomass, Biogas Power, Renewable Energy Corporation, Gridcars, Facilicomm, Steenkampskraal Thorium, and the University of the Witwatersrand.

Whilst projects range in size from few tens of millions to hundreds of millions and greater, no sight is lost of smaller initiatives, predominantly those that engage in new technology engagements, as a matter of fact it is these initiatives that looking towards the future, may hold the greatest commercial promise.

Not unlike the leapfrogging that Africa experience in respect of the usage of mobile technologies and applications, whereby the usage of landlines are negated, similar expectation can be called on the emergence of clean technologies in the context of infrastructural development throughout the continent. That is to say, where fundamental services such as the provision of water and electricity, removal and recycling of waste, etc, is being introduced the latest and most efficient technological solutions can and will be deployed. Further, such solutions aside of their enviro-friendly and sustainable merits, will also allow economically marginalized communities to perhaps participate in certain economic benefits, thereby improving their life standards.

By the inherent quantum of the above said needs, it stands to reason that scale of economies can be achieved and thus although new technologies being introduced their cost can be well mitigated.

The organizers of the conference, Spindle Communications, in order to ensure the greatest exposure and continuity of interest in the projects and the available finance schemes have embarked on the introduction of various toolsets that would allow participants from within the continent and beyond to take proactive participation in seeking to fund other opportunities not presented at the event via online forums on Linked and real-time i-meet-you free application for mobile devices which allows participants and others to engage each other.

No comments:

Post a Comment