No. 124: 3 Tuesday PM Reads – Power Struggle | Renewables Rescue the Day |Startups for Demographics
Jacqueline Musiitwa shares personal anecdotes on the struggle of working in Lusaka when the power is out. Lights off is a situation Africans across the continent experience, and it impacts education, bottom lines, and general quality of life – for women, especially. Jacqueline points to initiatives like the Power Africa initiative as important in alleviating unreliable power supply across the continent.
Speaking of power, Jake Cusack and other players in the renewable energy space recently shared insights on the possibilities for renewable energy and power provision now that renewable energy costs are competitive with fossil fuels. Some highlights from the piece – global subsidies for coal, oil, and natural gas totaling $550b compared to $120b for renewables; 10k customers in African countries signing up for renewable energy; and global investments in renewable energy growing from $40b in 2004 to $320b in 2011.
Ablorde Ashigbi wrote a really solid analysis of the prospects for venture-backed firms seeking to serve a particular demographic. He uses Walker & Company and its first brand Bevel, a shaving system targeting black men (whenever I get out of Sampson mode and shave my beard, I look forward to using the product) as a case study.