The world is changing rapidly and many communities on the continent have to think about their future economic growth. It`s our passion to be a part of the fight against the negative effects of climate change and we have vowed to always place the environment and efficiency at the forefront of our designs. The United Nations regional body the Economic Commission for Africa (ECA) deputy executive secretary Hanan Morsy has called for investment in climate-smart development for Africa to achieve economic transformation amid economic and environmental challenges.
MEB together with its partners, experts and services, aims to build the much-needed upstream capacity for communities and organizations to integrate climate resilience into their infrastructure projects; via various funding mechanisms and partnerships – most notably PPPs and PPAs. We`d love to help you identify the key entry points for the entire project value chain of your envisioned infrastructure project, which will reduce the risks involved with the implementation of utility scale projects, especially for essential services like water and access to power.
Hope: Agenda 2063
Agenda 2063 is Africa’s blueprint and master plan for transforming Africa into the global powerhouse of the future, especially owing to Africa`s vast resources, that present a unique opportunity. It is a strategic framework with the aim to deliver on its goal for equitable and sustainable development. To give Africa a firm grip on the trajectory towards economic and social transformation, private sector engagement and investment is crucial. The African Union has throughout the years worked closely with the private sector to define the great contribution and significant role the private sector plays in driving the economic development Agenda of the continent. The private sector in Africa accounts for over 80% of total production, 2/3 of total investment, and 3/4 of lending within the economy. The sector also provides jobs for about 90% of the employed working-age population. Further, Small Medium Enterprise (SMEs) are the cornerstone of the African private and informal sectors accounting for over 90% of businesses in Africa and translating to 63% of employment in low-income countries while contributing to over 50% of the Gross Domestic Product (GDP) according to the UN Economic Commission for Africa.
Connecting the Agenda 63, SDGs and Private Sector
Using a private sector water and energy provider means to build new roads, avenues and relationships. Widening your horizon by implementing competitive, proven and cost-effective new and advanced technologies, will help reduce running costs, increase the robustness of your infrastructure and upgrade the current solution you have to a more, climate resilient and environmentally friendly option. Private sector partnerships have the ability to strengthen communities and governments. The private sector is investing and opening up access to better, more effective technologies to open up access to skills and services. The private sector has contributed billions in technical skills transfer, local content and cross-border trade facilitation that are supportive of inclusive growth and poverty eradication.
The new year will come and go but let us not end it without inspiring stories of connectivity from communities that have been disconnected from access to safe basic services. Want to make the change, before the change makes you? Give us a call!