Addressing Energy Poverty Globally and Profitably
Press release date: November 11, 2016
Originally from Altenergymag
Consider this dark scenario right now: over 95% of people without access to modern energy live in Sub-Saharan Africa or developing Asia. 1.3 billion have no access to electricity and even worse – 3.6 billion have no access to communication, education and healthcare.
Can you imagine living this way? If you’re anything like me, I’m guessing not because the lack of exposure to energy poverty here in the US can render many of us oblivious.
Now consider this much brighter scenario: powered by private investment, transformative partnerships, collaboration with synergistic companies, foundations and non-profits, mobile network operators and entrepreneurs, the economies of underdeveloped regions can grow dynamically. The driving force: electrification powers connectivity. Connectivity powers knowledge. Knowledge powers social and economic progress.
Access to communication, education, healthcare and the ability to earn a decent living can bring hundreds of millions of new consumers into the global marketplace, promoting prosperity around the world. People in underdeveloped countries can gain a new and more optimistic norm of interaction, leading to new possibilities and outcomes.
Now both of these scenarios are possible. However, the one that will occur will ultimately be decided primarily on two important factors: the unwavering optimism and unrelenting determination of organizations to come together and invest in the world’s poorest markets.
Our Main Focus
Kumbaya is driven to make energy and communications affordable for all, with the vision to drive economic and social development. Kumbaya’s platform dubbed zeroXess positively impacts communities by reaching and connecting rural areas bringing market information, education, health services—to remote areas, ultimately helping to change people’s lives by converting illiteracy into knowledge in unprecedented ways.
Kumbaya gives technology a heartbeat – an important milestone for the global tech industry and for the world. zeroXess is a component of Kumbaya that collects valuable demographical and behavioral data from emerging economies to our cloud exchange in real-time. By monetizing data that has not been collected before, we have a unique offering and business model. Profits can be used to further sponsor electricity and connectivity to the poorest regions of the world.
zeroXess will eliminate the use of kerosene lamps, which release toxic fumes inside the homes of rural communities, killing millions of people each year. The four LED fixtures will allow safe illumination so that children can study after the sun goes down, enabling universal education. Our technology will also contain an indoor air quality sensor, which will monitor all levels of organic chemicals and pollutants, as well as the silent killer – carbon dioxide pollution. zeroXess will also facilitate the delivery of basic health services; boost economic growth by enabling mobile money and micro finance; allow farmers to stay abreast of local agricultural services; and accelerate critical communication between affected populations and the international community (disaster relief).
Kumbaya will aggressively seek to implement immediate accessibility to the following immediate areas:
- Clean cooking
- Indoor air quality sensing
By stimulating this kind of development, organizations with imagination and true vision like Kumbaya can dramatically improve the lives of billions of people, in a multibillion-dollar marketplace and help create a more stable, prosperous and safe world.
The End Result
We need to focus on improving the conditions of people everywhere. United Nations Secretary General Kofi Annan reminded us of this as he accepted the 2001 Nobel Peace prize: “Today’s real borders are not between nations, but between powerful and powerless, free and fettered, privileged and humiliated. We must focus, as never before, on improving the conditions of the individual men and women who give the state, or nation its richness and character, recognizing that saving one life is to save humanity itself.”
To that end, our company’s goal is to develop clean, green, solar-powered energy and communication solutions that will create a new bond between people everywhere, linking us all in a way that never existed before. If we meet this test, we respond to the challenge put forth by Kofi Annan, which results in:
- Power for ALL people
- Saving lives
- Ending child labor
- Reactivating hope
Calling All Investors and Innovative Organizations!
Here are some interesting statistics: rural Africa’s solar market is estimated to surge to $30 billion by 2025. 75 million solar energy systems will be needed there by 2024. This means that 300 companies, each producing 250,000 systems will ALL have a place in the market. By 2025, annual consumption in underdeveloped markets will reach $30 trillion – the biggest growth opportunity in the history of capitalism.
Investors and innovative organizations have long been obsessed with developing markets and for good reason. While growth was once the main objective, today’s imperative is fast growth and there are fewer better ways to achieve this than getting into these new multibillion-dollar markets first. In fact, many forward-thinking organizations (i.e., entrepreneurial types as well as large established enterprises) are already serving poor populations in ways that generate strong revenues, lead to greater operating efficiencies and uncover new sources of innovation. For the companies that do and those who follow their lead, there are enormous business benefits and profits to be gained by entering underdeveloped markets, enhancing their own prosperity in the process.
Join Us in Empowering the Powerless!
Today we are crossing a threshold of access. What was once available only to the rich is now becoming available to the poorest.
To gear up for the challenges, as well as the humanitarian and business opportunities that lie ahead, securing access to funding will be the most effective way to accelerate entrepreneurship. However, while it is difficult to obtain financing in underdeveloped countries, Kumbaya believes that with their zeroXess technology, the involvement of the Western World, utilizing smart leadership, the creation of transformative partnerships as well as joint ventures, we can fast-forward the growth of entrepreneurship ownership. To that end, we embrace the support and backing of any and all organizations who prove imaginative and daring enough to seize new and fresh opportunities.
Kumbaya welcomes strategic, transformational partnerships with mobile network operators, non-profit organizations, corporations and foundations. Our management has well-established relationships in emerging markets, which allows us direct access to our target markets.
Access to clean, affordable and reliable energy is critical for healthy living and the ability to earn a decent living. Sadly, though, a major portion of the world’s population does not share in this good fortune.
Let’s not wait for change…let’s drive it!