Crowdfunding for a greener Ghana | Global Ideas
Summary
TLDRSylvester Aisi of crowdfunding platform Frankly Green visits a Ghanaian company, Goodroll, aiming to produce eco-friendly bamboo toilet paper. Despite construction delays, Goodroll plans to employ 200 people and support regional farmers in bamboo cultivation. Frankly Green, focused on sustainability and climate protection, seeks to bridge the financing gap for green projects, with Translight Solar successfully raising funds for solar panel leasing. The platform welcomes private investment, from small to large amounts, to support sustainable ventures.
Takeaways
- 🚀 Sylvester Aisi is visiting companies on behalf of the crowdfunding platform 'Frankly Green', which focuses on sustainable projects.
- 🌳 A company named 'Goodroll' is seeking investment through Frankly Green to produce eco-friendly toilet paper made from bamboo.
- 🏗️ The factory for Goodroll is still under construction, with challenges such as weather and generator issues causing delays.
- 💰 Frankly Green's funds are intended to augment the company's working capital, with the expectation that the factory is ready to produce.
- 🌱 Goodroll plans to employ 200 people and work with regional farmers to produce bamboo, a fast-growing and sustainable resource.
- 🌿 The bamboo used will be unbleached, maintaining its natural purity, and Ghana has a large area of bamboo that can be utilized.
- 🌱 Goodroll is providing seedlings to farmers to grow more bamboo, which they will later buy back for production.
- 🌊 Goodroll's wastewater will be treated in their own plant and partly reused, aligning with Frankly Green's sustainability focus.
- 📈 Frankly Green is a new platform aiming to grow within Ghana and internationally, addressing a financing gap for green businesses.
- 🌞 Another company, 'Translight Solar', has successfully raised funds through Frankly Green, offering solar panel leasing to combat energy crises and promote green energy.
- 💼 The international climate initiative has funded the development of Frankly Green, which is open to private investment ranging from small to significant amounts.
Q & A
What is Sylvester Aisi's role in the story?
-Sylvester Aisi is an individual associated with the crowdfunding platform Frankly Green, who visits companies seeking investment through the platform.
What is the purpose of Frankly Green's visit to the toilet paper company?
-The purpose of the visit is to observe the progress of the company's factory construction and to see if it is ready for production, which is a prerequisite for receiving funds raised through Frankly Green's platform.
What challenges has the toilet paper company faced during construction?
-The company has faced challenges such as weather conditions, generator issues, and workers falling sick, which have delayed the construction of the factory.
What is the significance of using bamboo for the toilet paper production?
-Bamboo is a renewable resource that grows quickly, which helps protect Ghana's woodlands from deforestation and is part of the company's sustainable production plan.
How does the bamboo supply chain work in this scenario?
-The company provides seedlings to local farmers, who then grow the bamboo. The company later buys back the bamboo from the farmers for use in their toilet paper production.
What is the expected employment impact of the toilet paper company's operations?
-If all goes well, the company hopes to employ 200 people, including regional farmers who will produce the bamboo for the toilet paper.
What measures are in place to ensure the sustainability of the production process?
-The company plans to treat all wastewater in its own wastewater treatment plant and partly reuse it, which is a prerequisite to receive financing via Frankly Green.
Who developed the Frankly Green platform and what is its central focus?
-The platform was developed by Tobias Ponofin, with sustainability and climate protection as its central focus.
What is the current status of Frankly Green in terms of listed companies for investment?
-Frankly Green is a few months old and currently has only one firm listed for investment, but it aims to grow both within Ghana and beyond.
How does the Translight Solar company utilize Frankly Green's platform?
-Translight Solar leases solar panels to companies and private households that otherwise could not afford them, promoting green energy use and helping to solve the energy crisis in Africa.
What is the International Climate Initiative's role in the development of Frankly Green?
-The International Climate Initiative funded the development of Frankly Green, supporting its mission to provide alternative financing for green projects.
Outlines
🌱 Eco-Friendly Toilet Paper Production Challenges
Sylvester Aisi, from the crowdfunding platform Frankly Green, visits a company in Ghana that is working on producing eco-friendly toilet paper. Despite the company's foundation being laid, the factory is still under construction due to various challenges, including weather and generator issues. The company, Goodroll, aims to use the funds raised through Frankly Green to augment their working capital, with the expectation of being ready for production. The project also involves regional farmers who will grow bamboo, the raw material for the toilet paper, which is a renewable resource that grows much faster than trees. Goodroll plans to treat all wastewater in their own plant, a measure required by Frankly Green for financing. The platform, developed by Tobias Ponofin, focuses on sustainability and climate protection, and aims to fill the financing gap for green businesses, especially in Ghana.
🌞 Transition to Green Economy with Solar Energy
The script introduces Translight Solar, another company in Ghana that has successfully raised financing through Frankly Green. Translight Solar leases solar panels to companies and households, helping to save costs and address the energy crisis in Africa while promoting a transition to green energy. The company was initiated as part of the international climate initiative and has received support from the international community. Frankly Green's platform is open to private individuals for investment, with no minimum or maximum investment limits, making it accessible for a wide range of potential investors. The script highlights the need for alternative financing for green projects, especially in target countries like Ghana, where there is a significant financing gap for small and medium-sized enterprises (SMEs) and green businesses.
Mindmap
Keywords
💡Crowdfunding
💡Eco-friendly Toilet Paper
💡Sustainability
💡Deforestation
💡Renewable Raw Material
💡Wastewater Treatment Plant
💡Financing Gap
💡SMEs (Small and Medium Enterprises)
💡Green Economy
💡International Climate Initiative
💡Translight Solar
Highlights
Sylvester Aisi, from the crowdfunding platform Frankly Green, visits a company producing eco-friendly toilet paper in Ghana.
The company is seeking investors through the Frankly Green platform to augment their working capital.
Aisi expects to see the factory up and running with a test run, but finds it still under construction.
The company has faced numerous challenges including weather issues and generator problems.
Frankly Green's funds are used to support companies at a stage ready for production.
Goodroll, the toilet paper company, aims to employ 200 people and work with regional farmers for bamboo supply.
Goodroll plans to produce toilet paper using pure bamboo without bleaching.
Ghana has over 400,000 hectares of bamboo, and the company is working with farmers to grow more.
Bamboo is a fast-growing renewable resource, taking only three years to grow compared to 30 years for a tree.
Goodroll will treat all wastewater in their own plant and partly reuse it.
Frankly Green was developed by Tobias Ponofin with a focus on sustainability and climate protection.
The platform is new and currently has only one firm listed for investment, with plans for growth within and beyond Ghana.
There is a significant financing gap for green businesses in Ghana, which Frankly Green aims to address.
Translight Solar, another company, has successfully raised financing through Frankly Green by leasing solar panels.
The international climate initiative funded the development of Frankly Green.
Frankly Green welcomes investments from private individuals, with no minimum or maximum limit set.
Goodroll hopes to be the next company to secure investment via Frankly Green.
Transcripts
sylvester aisi is excited to be out on
the road visiting companies he works for
the crowdfunding platform frankly green
today's trip takes him some way out of
ghana's capital accra
a company seeking to produce
eco-friendly toilet paper is hoping to
find investors via frankly green
the last time i was there they had only
constructed
the foundation
and
since frankly green's funds the funds
that would be
raised through their frankly green
platform would be used to
um augment their working capital what it
means is that the factory has to be at a
stage where
it is ready to produce
so my expectation is to see the factory
up and running and hopefully observe
a test run
but when he arrives the factory is still
under construction
slide my man
it's been a while it's been a while he's
been how how's your trip back to ghana
very fine i have so much to tell you
because we've been having a lot of
challenges okay in the past few days we
had to be finished long time ago but
due to the weather
generators trailing us
um work is getting sick
so like so many things i can't even
explain but the foundations are ready
with the buddha
they are even pushing us like when are
we starting okay
it's not just the farmers who have to
wait
only when everything is finished will
frankly green decide whether goodroll
can use its platform to crowdfund
investment
if all goes well goodroll hopes to
employ 200 people as well as many
regional farmers who will produce the
bamboo for the toilet paper
not bleach
nothing as pure as it is so what you see
right here is the pure color of bamboo
this is not bliss as for now um ghana
has over 400 000 hectares of bamboo um
we we can't use all of that obviously so
um we've been handing over seedlings to
the farmers we work with to grow more
bamboo into ghana which we can at the
end of the day buy back from the farmers
and use for the production of our toilet
papers
using bamboo which grows extremely
quickly will help protect ghana's
woodlands from deforestation whenever
you plant bamboo from the start it takes
three years to grow after one year after
the first time after you cut off the
bamboo
and you cut it after one meter it goes
back in one year time
so that's a very speedy time because a
tree takes about 30 years for it to grow
using a renewable raw material is only
part of good roles plans all waste water
will later be treated in the company's
own wastewater treatment plant and
partly reused measures like this are a
prerequisite to receive financing via
frankly green
the platform was developed by tobias
ponofin
sustainability and climate protection
are the central focus at frankly green
[Music]
[Music]
the platform is only a few months old
currently only one firm is listed for
investment but frankly green aims to
grow both within ghana and beyond
and there's no shortage of sustainable
projects being launched
i'm pleased that there are
companies that are producing sustainably
lately
there are companies that have knocked on
the doors of frankly green
that are into sustainable production and
that is really really a good thing
there's also a great need for
alternative financing for green projects
[Music]
see that in our target countries
including ghana
there's a huge financing gap for smes
for micro companies and of course
specifically for green
businesses banks and also private
investors have difficulties in
evaluating the companies individually
and it's exactly this financing gap that
we're trying to move into
[Music]
in ghana's capital accra one company has
already successfully raised financing
through frankly green
translight solar
it leases solar panels to companies and
private households that otherwise could
not afford them
solar energy right on the rooftop is far
far you know
saves a lot of the cost and and is able
to solve the
energy crisis in africa and also help us
to transmission a transition into a
green economy or green energy use and
that is the main reason why we started
the
the solar company we started translate
the international climate initiative
funded the development of frankly green
the hurdles for other potential
investors are low
with private individuals also welcome
it could be 100 euros or many times that
anything is possible in theory up to 25
000 euros
and good role hopes to soon be the next
company to successfully secure
investment via frankly green to explain
to you why the color is like this
you
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