IKEA Foundation 119d ago

Imagine running your business without electricity. For 600 million people in #Africa , this is not hypothetical; it is reality. The energy gap limits income, growth and opportunity, forcing many communities to rely on expensive, polluting power sources. Through the Powering Renewable Energy Opportunities (PREO) programme, led by The Carbon Trust and Energy 4 Impact, small businesses receive funding and support to strengthen and scale business models that use renewable energy — from solar-powered irrigation and electric transport to cold storage. With support from the IKEA Foundation and Transforming Energy Access, PREO has: ✅ 48 projects across 15 African countries ✅ €28 million mobilised in public and private investment ✅ 23,000+ people with improved access to energy ✅ 650+ sustainable long-term jobs created ✅ 2,200+ tonnes of CO₂ reduced or avoided By enabling businesses to integrate renewable energy into their operations and grow sustainably, PREO helps strengthen local economies, build climate resilience and reduce reliance on fossil fuels. Energy powers more than infrastructure — it powers possibility. Learn more here: https://preo.org/about/ #ikeafoundation #renewableenergy #climatechange #climateaction