Social Issues POVERTY ERADICATION

Transforming Rural Communities

In progress
Mar 2019

Strive and Tsitsi Masiyiwa announce $100 million rural impact investment

www.philanthropycircuit.org March 12, 2019

Co-founders of the Higherlife Foundation, Strive and Tsitsi Masiyiwa have announced their commitment to boost rural African economies with a $100 million impact investment over the next five years. The investment, called the Masiyiwa Rural Challenge Fund, will focus on funding projects that will stimulate economic activity in rural communities – an area often ignored by development programmes.

Feb 2019

Econet has launched a rural electrification project

http://venturesafrica.com February 14, 2019

The programme, Ugesi Energy is worth millions of dollars and is the second Econet energy business following the successful launch of Distributed Power Africa (DPA) in 2017. The plan is to build solar mini-grids at 100 sites across rural Zimbabwe and each grid will provide power for businesses and homes in the communal areas.