NAMIBIAN social entrepreneur Kaveto Tjatjara’s venture Flushh and 19 other youth-led businesses have won grant funding of up to N$1,7 million each in this year’s African Youth Adaptation Solutions Challenge (YouthADAPT) competition.
In addition to the grant, each winner benefits from a 12-month accelerator programme to help them grow their businesses, deepen their impact and create decent jobs.
The annual competition and awards programme for youth-led enterprises, which is 50% women-led, is jointly organised by the Global Centre on Adaptation, the African Development Bank and the Climate Investment Fund (CIF).
The programme is part of the Africa Adaptation Acceleration Programme (AAAP) YouthADAPT flagship pillar.
It boosts sustainable job creation by supporting entrepreneurship and youth-led innovations in climate change adaptation and resilience across Africa.
The competition invites young entrepreneurs and micro, small, and medium-sized enterprises in Africa to submit innovative solutions and business ideas that can drive climate change adaptation and resilience.
Speaking at the awards ceremony, African Development Bank Group president Akinwumi Adesina, said: “Africa’s needs cannot be ignored. The youth must be at the centre of everything we are doing about climate change. No young person is too young to engage in climate dialogue. They are creative, dynamic, and engaging. They are futuristic and must be part of the solution for climate adaptation in Africa”.
“We want the youth to speak for Africa and develop solutions for the continent. For this initiative last year, we supported 10 youth-owned and youth-led businesses in Africa with US$1 million. This year, we are supporting 20 businesses with US$2 million. So, we can expect that next year, we will double our efforts to US$4 million. That’s the way it’s going to go for Africa.”
Adesina observed that 80% of the winners’ businesses were in agriculture.
“Agriculture is the future of Africa. As you know, that has been my gospel for many decades. The lowest bar is for Africa to feed itself. The high bar is for Africa to feed the world. Agriculture is a business. I encourage our young people to do three things: create, adapt and prosper. CAP for short.”
Norway’s minister of international development, Anne Beathe Tvinnereim, commended the enthusiasm that the competition generated among the youth. She said it is important to tailor climate solutions that could be scaled up for various communities.
“That is where the youth of Africa come in – you see the problem; you see the solutions and you have the energy and the resources to deliver and we want to help you with that,” she said.
She commended the African Development Bank and the Global Adaptation Centre for creating the initiative.
Patrick Verkooijen, the CEO of Global Centre on Adaptation, spoke about the impact of the award on one of last year’s winners, Juveline Ngum Ngwa from Bamenda in Cameroon, who was able to scale up her business, Bleglee Waste Management. As a result of last year’s grant, she was able to open a second waste sorting factory and has developed further software for her drones which identify garbage blocking drainage systems.
He remarked: “Adaptation is good business. But it needs to be at scale. And that is exactly what the AAAP does. The AAAP is mobilising US$25 billion over five years to scale up and accelerate climate adaptation actions across Africa. And one of its four pillars is the YouthADAPT flagship programme.”
The winning enterprises of the Youth Adaptation Solutions Challenge 2022 come from all parts of the continent. Half are female led. They are scaling innovations in critical social and economic sectors affected by climate change. These include agriculture, waste management, water resources and sanitation, renewable energy and energy efficiency.
The full list of the winners is available on the AfDB’s website.
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