Rueil-Malmaison (France), 5 December 2013 – Schneider Electric announces that two projects in its BipBop¹ access to energy program have been chosen to participate in the “Africa Forum – 100 innovations for sustainable development” taking place in Paris on 4 and 5 December 2013. This forum was initiated by the French Ministry of Foreign Affairs, prompted by the Deputy Minister responsible for Development, Pascal Canfin, in partnership with the French Development Agency (AFD).
The “Africa Forum – 100 innovations for sustainable development” aims to highlight innovative concrete examples and practical solutions on a national or local scale, in such varied fields as health, the environment, agriculture and food safety, education and new technology. In addition to the entrepreneurial nature and economic viability of these innovations, their contributions to sustainable development and their social and environmental dimensions will be recognized. The event follows on from the Development and international solidarity forums, closed on March 1st 2012 by the French President. It is evidence of France's support, via the AFD Group, for the promotion of innovative sustainable development in Africa.
Two projects developed by Schneider Electric in the context of BipBop, its access to energy program, were selected from the 100 projects presented:
- “Energy and Microfinance” project in Cameroon – Sponsored by the PAMIGA (Participatory Microfinance Group for Africa) association, in collaboration with Schneider Electric and the MIFED in Cameroon, this project consists of offering micro-credit solutions in rural and urban areas to finance the purchase of solar solutions. Such schemes can boost the economic development of individual tradesmen and small businesses. Schneider Electric provides solutions which meet the needs identified by microfinance institutions (MFIs) and uses its local partners (distributors, integrators, installers) to assure the customers of these MFIs of the availability of these affordable solutions, combined with a quality service. The customers of these MFIs are offered two types of credit: “light” credits which offer low-energy solar lighting systems; and “energy” credits, designed to provide solar solutions suitable for the needs of an income-generating activity. This project has also been initiated in Tanzania and Ethiopia.
- The decentralized rural electrification project at Abu Monkar in Egypt - This Schneider Electric project paved the way for development of the first solar power plant built in the Egyptian province of New Valley. The solar power plant at Abu Monkar, built more than 75 miles from the nearest grid, delivers 108 kWh/day, enough to meet all the village's basic needs (school, mosque, homes, etc.). Schneider Electric also trains the residents of Abu Monkar to ensure optimal operation and maintenance of the power plant.
In the context of the Forum, René Pierrot Ekoé, Sustainable Development Engineer at Schneider Electric Cameroon and sponsor of the “Energy and Microfinance” project, was selected with 20 other project sponsors to speak on 5 December 2013 and share the Group's ideas on best practice.
¹Acronym for Business and Innovation for the People at the Base Of the Pyramid
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities and Infrastructure, Industries and Machine Manufacturers, Non-residential Building, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 140,000 plus employees achieved sales of 24 billion euros in 2012, through an active commitment to help individuals and organizations make the most of their energy.