Village Capital, with support from Moody’s Foundation, has announced that 10 sustainability startups from Africa have been selected to take part in the Innovation for Ecosystem Restoration Africa 2023 program.
Nairobi, Kenya (August 22, 2023) – Village Capital, with support from Moody’s Foundation, has announced that ten sustainability startups from Africa have been selected to take part in the Innovation for Ecosystem Restoration Africa 2023 program.
The program is designed to support entrepreneurs working to reverse the effects of climate change through the development of solutions to tackle issues such as land degradation, waste management, forest management, agricultural resilience, sustainable fisheries, and other measures that contribute to biodiversity conservation.
Village Capital will provide expert training sessions enabling the startups to refine their sustainability solutions, improve their investment readiness as they prepare to scale their startups, and access the organization's global network of investors.
The call for applications attracted applicants from 22 countries across Africa, with the final cohort comprising ten startups sourced from Kenya, Nigeria, Sierra Leone, South Africa, Uganda, and Zambia.
As interventions for climate action advance, climate restoration is emerging as a new avenue that supports and contributes to ongoing mitigation measures aimed at reducing and reversing the effects of climate change.
Meet the ten startups selected to join the Innovation for Ecosystem Restoration Africa 2023 program.
From August through September 2023, the selected startups will participate in online capacity-development workshops. The curriculum is focused on helping them develop the networks and tools they need to scale their businesses and better support entrepreneurs in Sub-Saharan Africa.
All startups that apply to the program will be invited to join Abaca, Village Capital’s online global network. Accelerators, incubators, and organizations providing support to entrepreneurs use the platform Abaca to measure, track, and analyze startups’ progress, even at the earliest and most intangible stages.
For more information, contact Eva Waweru at Village Capital (eva.waweru@vilcap.com).
About Village Capital
Village Capital is reinventing the system to back the entrepreneurs of the future. Known for its groundbreaking approaches to supporting founders who are building solutions to emergent social, economic, and environmental challenges, VilCap unlocks critical social and financial capital for early-stage companies to maximize business and impact growth.
Village Capital has operated in Sub-Saharan Africa since 2012 by running over 14 accelerator programs in serving entrepreneurs in 15 countries in the region. VilCap has supported more than 120 locally-based startups and 78 entrepreneur support organizations (ESO) working in sectors such as financial health, hardware, sustainability, and the future of work. Learn more at www.vilcap.com and follow @villagecapital.
About Moody’s Corporation
Moody’s (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.
