Kenya - Business creation project

Describe your project or startup in a few words

We are an alternative asset management company. Area of focus is energy generating projects. We stand at the forefront of transforming Africa's energy landscape by pooling funds from target investors,investing in energy generating plants,

01.01 Describe your project in more detail

This is an investment proposal for asset management company that aims to provide alternative investments across Africa. Main focus of investments is: 1. Renewable energy projects: Construction/revamping power generating plants like hydro power plants, geothermal plants, nuclear plants across African countries 2. private equity 3. Electric train: Connecting residential areas and Central Business District within major capital cities for example Nairobi in Kenya. Our business model is energy driven where we generate and utilise electricity on both ends. Our aim is to solve energy crisis in most African countries for example in DR Congo whose access to electricity is only 20.8%, Uganda 45.2%, South Sudan 7.7%, Tanzania 42.7%, Somalia 49.3% How do we generate revenue: 1. Management fee of 1-2% on each fund allocated 2. Performance fee of between 10-20% on ROI

01.02 What is the main problem you are trying to solve?

Our aim is to solve the dual problem of inadequate access to sustainable energy and affordable housing in Africa. The continent faces a significant energy deficit despite its vast renewable energy potential, resulting in limited electricity access and high dependence on non-renewable energy sources. This hinders economic growth and contributes to environmental degradation. Additionally, there is a severe housing shortage in Kenya, with a deficit of 2 million units growing annually by 200,000 units. Our mission is to bridge these gaps by investing in and developing renewable energy projects to provide reliable and sustainable energy solutions, and by creating affordable, quality housing to meet the needs of low/middle-income populations. Through strategic investments and innovative solutions, we aim to enhance living standards, drive economic growth, and promote environmental sustainability across Africa.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

1.Sustainable Energy Solutions: By focusing on renewable energy projects, we provide environmentally friendly and sustainable energy solutions, helping to reduce carbon emissions and combat climate change. This aligns with global initiatives and policies promoting green energy​​. 2.Economic Growth and Job Creation: Our investment in renewable energy projects in Africa not only meets the growing energy demand but also stimulates economic growth. It creates job opportunities in various sectors including construction, operations, and maintenance, thus contributing to local economies​​. 3.Attractive Returns for Investors: Renewable energy projects offer attractive and lasting returns. With Africa's vast untapped potential in renewable energy, investors can benefit from high returns on investment due to the increasing demand for electricity and the favorable investment conditions in the energy sector​

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Our project targets four main client segments: 1.Retail Segment: This includes cooperative membership, where individual retail investors can participate in the investment opportunities provided by our renewable energy projects​​. 2.High Net-Worth Individuals: We offer private wealth solutions tailored to high net-worth individuals who seek to diversify their investment portfolios with sustainable and profitable ventures​​. 3.Kenyans and Africans in the Diaspora: We connect Africans living abroad with attractive investment opportunities back home, enabling them to contribute to and benefit from the economic growth in their countries of origin​​. 4.Local and Global Institutional Clients: This includes pension funds, insurance companies, and sovereign funds both within Africa and globally, looking for stable and high-return investments in the alternative and renewable energy markets

01.05 When did you start working on your project?

2023-12-20

01.06 How many other partners are associated with your business venture?

2

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

Reagan Okello: Reagan Okello is an individual with a strong background in finance and data analytics, passionate about driving impactful and sustainable investments across Africa. With a keen eye for identifying and leveraging opportunities in the renewable energy sector, Reagan brings a wealth of expertise and enthusiasm to the team. Currently serving as a project manager at Stonefield Ltd, he combines analytical acumen with a deep commitment to fostering economic growth and environmental sustainability across the continent. Mercy Kyalo Munee: Mercy Kyalo Munee is a seasoned professional with a robust foundation in investment banking, complemented by an MBA in Finance. Her extensive experience in asset management equips her with the knowledge and skills necessary to navigate complex financial landscapes and deliver exceptional results. Known for her strategic insight and impactful decision-making, Mercy is dedicated to advancing sustainable investment initiatives. Her expertise in ma

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

01.10 Which industry best describes your project?

a) Energy (equipment, services, sustainable energy and fuel)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

By targeting and addressing critical socioeconomic challenges in Africa through its renewable energy and affordable housing projects. Our renewable energy initiatives focus on providing reliable and sustainable energy solutions, which can significantly reduce energy costs for households and businesses. This reduction in energy expenditure frees up resources for other essential needs, improving the overall quality of life. Additionally, our affordable housing projects aim to bridge the substantial housing deficit in Kenya, creating accessible and cost-effective living options for low and middle-income families. By providing affordable housing, we help reduce the financial burden of high rent, enabling families to allocate more of their income towards other necessities such as education, healthcare, and nutrition. Furthermore, our projects generate employment opportunities during both the construction and operational phase.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Our renewable energy projects ensure a reliable and cost-effective energy supply, which is crucial for agricultural productivity and food storage. Stable energy access supports small and medium-sized enterprises, including those involved in food production and distribution, by reducing operational costs and increasing efficiency. This leads to lower food prices and increased availability of food products in the market. Moreover, the employment opportunities created through our housing and energy projects provide a stable income for many individuals, thereby enhancing their purchasing power and ability to afford nutritious food. By fostering economic growth and stability in the communities we serve, DOBE Investments helps mitigate the risk of hunger and promotes sustainable development in line with the "Zero Hunger" goal.

02.03.01 My project contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

DOBE Investments is dedicated to promoting good health and well-being through its various initiatives. Our affordable housing projects are designed to improve living conditions by providing safe, clean, and well-maintained homes for low and middle-income families. By reducing housing costs, we enable families to allocate more resources towards healthcare and nutritious food, thus improving their overall health and well-being. Our renewable energy projects ensure a stable and clean energy supply, reducing the reliance on harmful fossil fuels and decreasing air pollution. This contributes to better respiratory health and a cleaner environment for the communities we serve. Additionally, the energy solutions we provide support the functionality of healthcare facilities by ensuring they have reliable power, which is essential for the operation of medical equipment and the preservation of medications.

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

We prioritize hiring women at all levels of our organization, ensuring diversity and equal opportunities within our workforce. Our projects also emphasize gender-inclusive policies, providing training and employment opportunities for women in renewable energy and construction sectors, traditionally male-dominated fields. Furthermore, our affordable housing projects specifically aim to improve living conditions for women and families, offering safe, secure, and affordable housing options. We support female entrepreneurs and small business owners by facilitating access to renewable energy, which can enhance their productivity and economic independence. By integrating gender equality into our Environmental, Social, and Governance (ESG) criteria, DOBE Investments actively works towards creating an inclusive environment that empowers women, supports their professional growth, and promotes equal opportunities in all our operations.

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

Through our hydro dam plants, we will provide clean water to surrounding communities, ensuring a reliable and sustainable water source. These dams not only generate renewable energy but also support local water needs, improving access to clean water and enhancing agricultural irrigation. In our affordable housing initiatives, we implement water-saving fixtures, rainwater harvesting systems, and efficient waste management systems to ensure clean and sustainable water use. These measures help provide residents with reliable access to clean water and proper sanitation facilities, essential for maintaining health and well-being.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Our business model emphasizes the affordability of clean energy. We work to lower energy costs through innovative technologies, efficient project management, and strategic partnerships. This ensures that clean energy is accessible to a broader population, including low-income communities, thereby reducing energy poverty. Additionally, we invest in infrastructure to support the distribution and storage of renewable energy, enhancing grid stability and reliability. Our projects include off-grid and mini-grid solutions tailored for rural and underserved areas, ensuring that even remote communities have access to clean energy.

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

Our commitment to sustainable development ensures that economic growth is inclusive and environmentally responsible, aligning with the UN's goal of promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. Our projects stimulate local economies by sourcing materials and services from local suppliers and contractors, promoting business growth and encouraging entrepreneurship.creating numerous job opportunities and fostering economic development through our renewable energy and housing projects.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

We are committed to fostering partnerships with other industry leaders, startups, and academic institutions globally. Through collaborative efforts, we aim to leverage collective expertise and resources to tackle complex challenges such as infrastructure development in emerging markets and the integration of renewable energy sources into existing infrastructure. Moreover, our long-term vision includes expanding our infrastructure footprint to support global connectivity and accessibility. By investing in resilient and scalable infrastructure solutions, we seek to bridge gaps in underserved regions and facilitate economic growth through improved connectivity and access to essential services.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

We prioritize diversity and inclusion within our workforce, ensuring equitable opportunities for all employees regardless of background. This commitment extends to our hiring practices, where we actively seek to recruit from diverse talent pools and provide equal pay and benefits.we support local economies by sourcing materials responsibly and partnering with local suppliers and businesses, thereby contributing to economic empowerment and reducing disparities in wealth distribution.

02.11.01 My project contributes to the Sustainable cities and communities goal

6

02.11.02 Sustainable cities and communities - Justification

Our project plays a pivotal role in advancing sustainable cities and communities through innovative urban planning solutions and technology-driven initiatives. We prioritize the development of smart infrastructure and renewable energy integration to reduce carbon footprints and enhance energy efficiency within urban areas. Additionally, we collaborate with local governments and urban planners to design resilient and inclusive urban spaces. Our initiatives focus on promoting green building practices, efficient transportation systems, and waste management solutions that minimize environmental impact and improve quality of life for residents.

02.12.01 My project contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification

our startup advocates for circular economy principles by designing products that are durable, repairable, and recyclable. We collaborate with recycling partners to ensure end-of-life products are properly managed, contributing to the reduction of landfill waste and the conservation of resources. Furthermore, we continuously innovate to develop eco-friendly alternatives and solutions that promote sustainable consumption patterns. By setting ambitious sustainability goals and measuring our impact, we strive to lead by example and inspire positive change across our industry.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Our contribution to climate action is characterized by investments that foster renewable energy adoption, sustainable housing solutions, and eco-friendly transportation infrastructure. These initiatives not only mitigate environmental impacts but also contribute to building resilient communities and promoting a sustainable future.

02.14.01 My project contributes to the Life below water goal

3

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Firstly, we partner with renewable energy developers, technology innovators, and research institutions to accelerate the transition towards sustainable energy solutions. These partnerships facilitate knowledge-sharing, technological advancements, and joint investments in renewable energy projects that contribute to global climate goals. Secondly, we collaborate with local governments, urban planners, and nonprofit organizations to promote affordable housing initiatives. By leveraging local expertise and resources, we enhance the impact of our investments in housing infrastructure, contributing to improved living conditions and sustainable urban development.

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

1 - Strongly Disagree

05.02 The product/service we envision creating represents an entirely new type of product/service.

5

05.03 The product/service we envision creating could be described as a new technology.

6

05.04 The product/service we envision creating is an improvement on an existing product or service.

7 - Strongly Agree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

1 - Strongly Disagree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

1 - Strongly Disagree

05.08 Justification

DOBE INVESTMENTS distinguishes itself through a focused and innovative approach in alternative asset management, centered on renewable energy projects, affordable housing developments, and electric train infrastructure. Our strategy integrates cutting-edge technologies in renewable energy generation, smart urban planning in housing, and advancements in sustainable transportation. We prioritize sustainability and community impact, collaborating closely with local stakeholders to ensure projects meet both financial goals and societal needs. By emphasizing environmental, social, and governance (ESG) criteria in our investment decisions, we mitigate risks and enhance long-term sustainability, contributing to a resilient and equitable future for regions where we operate. DOBE INVESTMENTS distinguishes itself through a focused and innovative approach in alternative asset management, centered on renewable energy projects, affordable housing developments, and electric train infrastructur

05.09 Who are your main potential competitors and what makes you stand out from them?

DOBE INVESTMENTS' main potential competitors might include established investment firms focusing on infrastructure development. What sets DOBE INVESTMENTS apart is our singular focus on integrating sustainability across these sectors. We leverage advanced technologies and sustainable practices to maximize efficiency and minimize environmental impact. Our proactive community engagement and adherence to rigorous ESG standards ensure projects not only meet financial objectives but also contribute positively to local communities. This holistic approach distinguishes us by offering comprehensive solutions that address both developmental needs and environmental concerns, positioning us as a leader in driving sustainable growth and social impact in Kenya.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

To help empower female entrepreneurs, foster a supportive community, and contribute to greater gender diversity and inclusion within the entrepreneurial ecosystem.We aim to have a mentorship program and different training and education training programs.