The two-year pprogramme organized by GIZ, aimed at enhancing business modeling and financial linkages for climate adaptation, has come to a close. The intensive programme engaged 13 select African companies from Kenya and Nigeria, with the final segment held at a summer camp in Feldafing, Germany.
The initiative focused on developing sustainable business models, measuring impact, and preparing companies for investment readiness in the climate adaptation sector. Participants underwent diverse training modules tailored to address various sectors, including: Agriculture, Forestry, Climate-smart technologies, Infrastructure, Irrigation, Water recycling, Rain harvesting
Through this program, participants gained valuable insights and skills to refine their business approaches and adapt to evolving climate challenges.
During the closing ceremony, the African Climate Adaptation Business Network was formally established,
Programme Head, Denise Engel, praised the programme’s achievements in promoting peer learning and enhancing business models to attract investments.
Dr. Denis Mujibi of Usomi (Usomi) expressed gratitude to the German government, GIZ, and all stakeholders for their support.
He announced the formation of the Association of Africa Climate Adaptation Business Network (AACABN), the first cohort to establish such an association.
AACABN aims to build on the program’s momentum, fostering collaboration among African businesses dedicated to climate adaptation.
The association selected Suleiman Dikwa (Green Sahara Nigeria) as Chairman and Dr. Denis Mujibi (Usomi) as Secretary.
The Steering Committee comprises some members including: Greg Ikwe (Cofarms), Elizabeth Mbogo (Nazava), Ibukunoluwa Animashaun (FutuX Agri-consult Ltd).
GIZ has endorsed this initiative, recognizing its strategic alignment with their objectives to sustain support for climate adaptation businesses and facilitate investment in the sector. The establishment of AACABN marks a significant step towards creating a unified network of climate adaptation enterprises across Africa, poised to drive meaningful change and innovation.
Inaugural Members of PrivABoo: Arctic Infrastructure, Botanic Treasures, CoFarms, Ecocycle, FutuX Agri-consult Ltd, Green Sahara, IrriHub, MajiAgri, Nazava, Oklan Best Limited, Peal Agro, Usomi, Utooni, White Gold Camel Milk.