The Board of Shell Foundation is pleased to announce it has appointed a new CEO to lead its next stage of development and growth. Jonathan Berman will bring relevant experience from a rich career history. He has consulted frontier market enterprises in several sectors, invested – personally and as part of a private partnership of…
Today we launch our latest research at the COP26 conference in Glasgow, looking at what is needed to deliver a low-carbon universal energy access in three key markets – Ethiopia, Nigeria and Uganda – and highlighting potentially disruptive ‘game-changers’ for each market. The country deep dives represent the third phase of the research, conducted by…
As we launch our new impact page, we would like to present an in-depth look into how our Monitoring, Evaluation & Learning strategy has evolved in recent years, and the methodology SF undertakes to measure impact. The goal of Shell Foundation’s (SF) Monitoring, Evaluation, and Learning (MEL) strategy is to track the social, economic, and…
SF partner Odyssey Energy Solutions recently announced its acquisition of the remote monitoring and control technology, Ferntech. This development will allow Odyssey to expand its service offering and provide multiple stakeholders with a more comprehensive asset management platform to scale investment in the renewable mini-grid sector. Co-created by SF in 2017 and co-funded with UK aid and USAID, Odyssey has successfully built the mini-grid sector’s only investment and…
The “India Covid Response Programme for Agriculture Transition” was formally launched last week with more than 400 people attending a virtual event. The work done by all the programme partners to get the facility over the line was acknowledged and there were insights on the tremendous impact this Programme will have on lending for clean…
The Energy Entrepreneurs Growth Fund (EEGF) has completed its first three investments into distributed renewable energy (DRE) companies working in Sub-Saharan Africa, and signed a concessional loan agreement with the African Development Bank (AfDB) that allows the fund to continue releasing flexible capital into the sector, which is making a critical contribution to expanding energy…
In the 10 years since its founding, Persistent has built a venture building model that has invested in businesses providing PAYGO solar home systems as well as commercial and industrial solar, ecosystem enablers and e-mobility players, delivering financial returns and significant impact, improving more than four million lives across sub-Saharan Africa. Shell Foundation has…
Five mini-grid developers have been selected as part of a pilot programme to test and measure innovative financing mechanisms that can help scale electrification of health clinics across sub-Saharan Africa. Having invited applications to the programme in March, 25 applications were received and evaluated against five criteria: (1) prior experience implementing and maintaining similar projects…
Two SF partners from the Mobility portfolio have secured growth investment to help them expand their services in East Africa. Tugende – which SF has supported since 2016 – recently announced a $3.6m investment from VCs Partech and Enza Capital – both of whom specialise in early-stage Venture Capital backing. Headquartered in Kampala, Uganda, Tugende…
Smart Freight Centre (SFC) is a leading voice globally for the logistics community, bringing together multinational companies to improve efficiencies and reduce CO²e emissions. In their 2020 Annual Report SFC puts ‘freight in the limelight’ and reflects on the significant impact made across the global logistics community. Since its inception, more than 100 multinationals use…