The President-Designate of COP28 Dr. Sultan Ahmed Al Jaber lauded efforts by past winners of the Zayed Sustainability Prize on Wednesday, June 21, in Nairobi, Kenya.
Speaking after visiting M-KOPA, one of Africa’s leading fintech platforms Dr. Jaber underscored their efforts in offering solutions to the most vulnerable in the society.
“Prize winners continue to address some of the most pressing sustainable development challenges we face today.
They are providing quality healthcare, nutritious food, essential energy, and access to safe water—in short, a better world for us all,” Dr. Jaber stated.
M-KOPA, one of the fastest growing companies in Africa, is one of 106 past winners of the Zayed Sustainability Prize.
The award recognises groundbreaking contributions across the fields of health, food, energy, water and climate action.
Furthermore, the COP28 Designate President highlighted the importance of small and medium-sized enterprises (SMEs) in creating technologies.
Dr Al Jaber was in Kenya for the Africa Energy Forum to prepare for the UAE’s hosting of COP28, which will take place in Dubai at the end of the year.
M-KOPA offering sustainable solutions
On the other hand, Dr. David Damberger, M-KOPA’s Managing director said that they were happy to host Dr. Sultan and showcase their sustainable solutions.
In addition, he stated that receiving the Zayed Sustainability award was a turning point for the company, and they will continue empowering consumers through flexible credit.
“Receiving the Zayed Sustainability Prize marked a pivotal moment in our journey, and we are deeply grateful for the recognition.
“At M-KOPA, we have been driven by a deep-rooted commitment to empower underbanked consumers whilst combating climate change through our flexible credit model and clean energy solutions,” he said.
Moreover, Damberger said that other businesses should apply for the prize because it signifies the support UAE offers for small African Businesses.
“We sincerely hope that our success serves as an inspiration for other small businesses and entrepreneurs across Africa to apply for the Prize, as it has the power to drive transformative change,” he noted.