Following a matchmaking between Belgian and Kenyan start-ups as part of the Silicon Savannah economic mission by Startups.be & Close the Gap, headed by Deputy Prime Minister Alexander De Croo, Green Crossroads is happy to announce they have launched a new spin-off in Kenya.
Green Crossroads supports organisations develop sustainable projects in emerging countries, with a particular focus on waste recycling & renewable energy. Its team of dedicated professionals is convinced that responsible entrepreneurship is the driving force behind economic growth, hence they promote entrepreneurship that is beneficial to people, planet and profit.
Green Crossroads typically works with governments, development agencies and the private sector to set up waste recycling systems, develop renewable energy projects and engage in entrepreneurship capacity building.
With regard to renewable energy, Green Crossroads operates under the brand name “Hydrobox”, developing containerised hydro power plants in partnership with their technology partner Malthe Winje and experienced African entrepreneurs.
On 22 May 2018, Green Crossroads signed a partnership & shareholding agreement with a Kenyan company, Magiro Hydro Electricity Ltd. This company is the success story of John Magiro, a school leaver and self-made entrepreneur who has built a small hydro power plant, providing low-cost electricity access to 250 households in Murang’a County Kenya, with support from the Kenyan government through the NETFUND Green Innovations Award Programme.
The partnership with Green Crossroads aims at fine-tuning the power plant’s technology based on the Hydrobox model and scaling up production, in order to provide affordable electricity to 5.000 households. In the next 3 years, the model will be replicated in other regions and neighbouring countries.
The new partnership is a good example of “enabling partnerships” between companies as an alternative to the traditional view of “development cooperation”.
After a successful first experience setting up plastic recycling company NAMé Recycling in Cameroon, Hydrobox is Green Crossroads’ second “project” having evolved in a separate “spin-off”.