Remittances: A secret weapon in renewable energy investment

Discover the hidden power of remittances with Kumbirai Makanza, who reveals how migrant contributions surpass foreign aid in shaping global economies. This talk highlights the untapped potential of remittances to drive long-term development and sustainable investment. Learn how we can transform these financial flows into lasting change for communities worldwide. Kumbirai Makanza is a multiple award-winning cleantech entrepreneur that’s passionate about Africa and its potential for sustainable development.

His experience as a renewable energy and energy efficiency professional has allowed him to cultivate an incredible understanding of this space; turning his passion into obsession as he finds ways to leverage technology, big data and community-driven solutions to transform Africa’s potential into reality.

His current goal is to find innovative and unique business models which offer a delicate balance of people, planet and profit. Kumbirai delivered his talk on the TEDxYouth@CapeTown stage to inspire a change in mentality of  sustainable development in Africa, with a focus on turning remittance into sustainable investment. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.