by Dizzitup
(Paris)
Description
Description
The DizzitUp project consists of financing the purchase of Dizzibox’s to supply African homes with solar electricity and permanent autonomy batteries. This will help secure daily material essentials that most African homes and businesses lack. Necessities such as telephone, internet, home appliances and lighting will be a sustainable and permanent feature of African homes by DizziBox’s.
DizziBox’s are perfectly adaptable to the size of the home and the required connected equipment. In line with DizzitUp’s mission to offer sustainable energy and finance for Africa, the Dizzibox product are sold, installed and recycled within the same proximity. All stakeholders therefore benefit from a Dizzibox’s long term benefits and economic effects.
Impacts :
- - Household access to electricity and light
- - Child education benefits
- - Small businesses can have constant energy supplies, increasing turnover potential
DizzitUp’s long term goals :
- Unleashing Africa’s future through digital green energy & inclusive finance
- Providing Necessities e-marketplace for the provision of: renewable energy, foods, communications, education, healthcare and consulting services
- E-marketplace powered by blockchain services to provide scalability, security and instant cross-border payments
Utilising the investment :
The invested funds will be used to acquire DizziBox, deliver them and install them directly to our DizzitUp consumer, households and SMEs (grocery stores, bars, restaurants and workshops) in Africa, starting with Madagascar, Togo and Benin in 2021. Having a royalties contract will allow investors to be involved in the entire DizzitUp project, while remunerating them according to the achieved turnover on the spot.
Describe your project goal
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Context
850 millions Africans out of 1,2 billion suffers from very poor electricity and numerous blackouts. Worse, 600 millions Africans still do not have access to electricity.This is mainly due to the poor quality of electricity infrastructure and discriminative banking and finance systems that Africans are facing. (Over 70% of adult Africans are unbanked).Solution
The DizzitUp project consists of financing the purchase of Dizzibox to supply an African home with solar electricity, with a permanent autonomy battery, to light, recharge and secure the various daily material uses such as telephony, internet, home appliances or lighting. The DizziBox device is perfectly adaptable to the size of the home and the connected equipment. Homes and SMBs in Africa can benefit from affordable and immediate access to electricity, without interruption through autonomous and non-polluting solar energy infrastructures.The DizziBoxes are sold, installed and recycled by DizzitUp in Africa so as to respect the complete chain of the eco-responsible product. The impacts on the development of societies are substantial and affect all of its stakeholders (homes, students, businesses and workshops, etc...).Our differentiators
5 years objectives (2026)
DizzitUp
In 2021, launch of DizzitUp Foundation to financeReforestation operations and forest protection in AfricaStudies of deserving young Africans (DizziGrant)A Solar Impulse "Efficient solution"
Business Model
Stakeholders benefits
From 38 to thousands of Investors
Use of funds
The invested funds will be used to acquire DizziBox, deliver them and install them directly to our DizzitUp consumer, households and SMEs (grocery stores, bars, restaurants and workshops) in Africa, starting with Madagascar, Togo and Benin in 2021. This financing method through royalties contract will imply investors in the entire DizzitUp project, while remunerating them according to the achieved turnover on the sport.Concrete impact of your investment
ROI: 74% recovered in 1 year
Expected return on investments for 100€ invested.
