Uganda’s Khainza Energy wins Shs18.8m innovation prize
A Uganda start-up named Khainza Energy is among the 2018 winners of SEED Low Carbon Awards, joining other four eco-inclusive enterprises from Colombia, India, Tanzania, and Thailand.
The SEED Awards are organized by the SEED global partnership, which was founded in 2002 by the United Nations Environment Programme (UN Environment), United Nations Development Programme (UNDP) and the International Union for Conservation of Nature (IUCN).
The purpose of the Award is to recognize the most innovative, inclusive and environmentally friendly start-ups in developing countries. SEED also provides these startups with business know-how support as well as access to a national and global audience to help them grow and share their experiences.
According to an official statement, each winner will get business support based on their needs including funds up to USD5,000 (about Shs18.8 million) that will be provided in a period of 6 months.
The other winners are Tanzania’s EcoAct Tanzania, Columbia’s Amazóniko and Corporación Acción Semilla inMarinilla, and India’s Daily Dump in Bengalulu. Their products offer solutions in waste management, energy, and green technologies.
They will be joining a network of more than 230 enterprises from 38 countries in Africa, Asia, and Latin America – laureates of the SEED Awards, according to officials.
Khainza, which was recently a finalist for Africa Prize by Royal Academy for Engineering, is an innovative circular economy business that obtains organic waste from smallholder farms and local households for processing and refinement into high-purity methane.
The energy company distributes cooking appliances and affordable, recyclable biogas cylinders locally, incorporating local women, youth, and farmers along its value chain and distribution channels.
Khainza also provides low-cost cooking fuel solutions to low-income Ugandans and creates jobs for a multitude of local partners, suppliers, employees, and customers.