Access to energy is essential to reduce poverty. Globally, over 1.2 billion people still do not have access to electricity. About 2.8 billion use solid fuels — wood, charcoal, coal, and dung — for cooking and heating.
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HARGEISA, July 29, 2014 – Changing professions from orthopedic surgeon to camel farmer may not seem like progress, but for Dr. Ismail Ali, it was an opportunity to blend science with tradition and enj... Show More +oy a rural lifestyle away from urban sprawl.Ali left the Somaliland capital for land in the nearby countryside in 2009 and used modern water conservation and feed production technologies to nurture his initial herd of seven camels. The herd thrived and multiplied under his scientific guidance, and four years later, Ali established the Saafi Camel Milk Dairy with a matching grant of $49,000 from the Somaliland Business Fund (SBF). Today, Ali is the proud owner of 28 female camels providing 150 liters of milk daily, he exports the meat of male camels, and his business employs 15 laborers to help with the business during peak season.Ali is just one of many private entrepreneurs the SBF has helped since it opened its doors in 2012. With some preference for the priority areas of fisheries, gums and resins, and solid waste management, the SBF has awarded more than $10.5 million in grants to 175 investment projects, as well as matching private investments of an additional $10 million. The majority of projects are in agriculture, livestock, fisheries, manufacturing and green energy. Larger grants above $50,000 went to support renewable energy and solid waste management projects.When fully operational, the businesses are expected to generate at least 3,000 jobs, of which about 40% are expected to be for women, such as Qani Abdi Alin.Alin started Dheeman Tailoring and Fashions from her house. With her $6,000 investment into the male-dominated industry, her business has grown into a $180,000 company in four years, employing six tailors and seasonal workers. Alin is now exporting her designs to other African and Middle East countries. Show Less -