COP27 is the ultimate platform to acknowledge sustainable initiatives and celebrate them. For that reason, the Africa Goes Green (AGG) Awards, grabbed the opportunity to announce the winning project, in the presence of Yasmine Fouad, minister of environment, Reem Abd El Meguid, co-founder of “Istidama” and Emad Hefny, CEO of “Seeders Capital”, as partner and jury member.
Thirteen local and international start-ups working in various sustainability sectors, were celebrated as winners across four categories, including five projects from Egypt, four from Africa, and four from USA, Netherlands, Canada and Spain.
Technologies that address climate change impacts, projects by women-led green medium-sized enterprises (SMEs), mitigation and adaptation green finance for banks and investors, and research centers and non-profit institutions, all fall under the categories of the award.
“We received very interesting and innovative projects with solutions in Green energy and waste, among many others.” Stated Emad Hefny, CEO of (Seeders Capital).
Adding, “Seeders future vision is to create an impact fund to invest in start-ups working in four key pillars including energy, waste, air and water. Since we are well connected to many entities, we believe this is a good platform to start from.”
Reem Abd El Meguid, Co-Founder of Istidama and Co-Founder of AGG, said: “I’m very pleased that today we are finally celebrating today true talents and potential future leaders who are adamant about creating impact and achieving footprint for a more sustainable world”. She continued, “I would also like to thank the government entities, respectful ministers, and the sponsors who supported this initiative and made it possible to see the light in one of Egypt’s most celebrated platforms today.”
“The Global Start-up Awards (GSA) Africa is about unearthing the next gen technology pioneers that can lead us into delivering climate change and development solutions that will drive meaningful impact for Africa and the globe.” Commented Jo Griffiths, Co-founder of GSA Africa.
Ramon Lopez, Distrito Digital Climate Change Program Director, pleaded: “Solutions for the mitigation and adaptation to Climate Change should be designed with a global perspective but having an impact on the local markets. The winning start-ups fulfill this requirement bringing disruptive solutions from Africa and other international countries. Climate Change District, which I represent, is an initiative that is willing to help those start-ups who want to implement their climate change solutions for the Spanish Market.”
“We plan to commercialize solutions across borders and to extend globally through seeders investors.” Concluded by Emad Hefny.
The competition held by AGG, has witnessed the participation of local and global start-ups, surpassing 200 competitors coming from all across the globe, including Africa, Asia, America and Europe. The 12 juries of the evaluation committee came from Egypt, USA, Spain, and the Republic Democratic of Congo.