IDEA Africa Seeks Sustainable Climate Innovative Businesses In Africa
IDEA Africa, a climate based non Governmental Organisation (NGO) has advocated smart business innovation that would protect Africa from the negative impact of climate change.
Ifedi Eze, Executive Director of IDEA Africa, expressed the concern during an interaction with journalists in Awka..
Ezeh said climate was real and Africa entrepreneurs have to leverage technology and evolve new businesses that would be sbart and environmentally sustainable.
He said the organisation was out to provide a platform which offers a gateway for African entrepreneurs to showcase their innovations to investors who were eager to support and scale sustainable innovations.
He said this would be the crux of the Climate Action Africa Forum 2024 (CAAF24), a conference being organised in collaboration with Climate Action Africa and Silicon-Valley based Founder Institute scheduled for Lagos on June 19 and June 20.
“This strategic collaboration underscores IDEA Africa’s pivotal role in advancing innovation across the African continent, with a focused emphasis on the crucial area of climate technology.
“It will also provide a premier platform for African climate tech startups to engage with investors and stakeholders alike,” he said.
Eze, a Tech expert, said the current economic interaction with the environment had interrupted the ecosystem to the detriment of humanity.
He said people had to take responsibility for the environment in agriculture, manufacturing, consumption and disposal of waste.
“That is the idea behind climate action Africa as an organisation, which is focused on driving conversation on climate sustainability.
“With IDEA Africa’s distinguished expertise, this initiative seeks to catalyze groundbreaking investments in climate solutions, positioning Africa as a leader in sustainable innovation.
“The goal is to catalyze impactful investments that can propel these startups to global success,” he said.
Eze said some institutions which would participate in the conference themed “Deal Room” include the African Development Bank (AfDB), Nigeria Sovereign Investment Authority (NSIA), Catalyst Fund, Africa Enterprise Challenge Fund (AECF), and others.
