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Egypt’s Fresh Source among 3 winners of ClimaTech Run
The Egyptian company Fresh Source ranked the third among the three winners of the 2023 international ClimaTech Run competition which is an example of constructive partnerships between the government, development partners, the private sector and major technology companies, in order to open the horizons of climate action for emerging companies.
ClimaTech also comes in response to the global call for the need to address climate change and innovate sustainable solutions aimed at preserving the environment and giving priority to environmentally friendly technologies and climate emergency technology companies, that support solutions for adaptation and mitigation of the repercussions of climate change.
During COP28, the Ministry of International Cooperation organized a high-level event in the Egyptian pavilion at the conference, to announce the results of the 2nd edition of the international climate technology competition ClimaTechRun2023, which targets emerging companies in the field of climate action. That was in the presence of Alessandro Fracassetti, Resident Representative of the United Nations Development Programme (UNDP), Mirna Arif, General Manager of Microsoft Egypt, and many representatives of startups, international institutions and entrepreneurs who participated in the 1st edition of the ClimaTechRun2022 competition.
The 2nd edition of the competition was organized in partnership with the Ministries of Communications and Information Technology, and the Environment, along with development partners; UNDP, USAID, Microsoft, World Bank Group (WBG), and Korea Green Growth Fund.
The Egyptian company Fresh Source aims to take advantage of technology and digital platforms to provide an effective and innovative way for consumers to access high-quality products directly from producers, to become a platform for the agricultural supply chain in the Middle East and North Africa region, by changing the way of obtaining fresh goods, transport and sale, and the creation of more sustainable fresh food systems based on data and technology to improve the quality of production and consumption.
The Tunisian Kimolos Company won the first position in the competition. The Tunisian company created a home device that produces drinking water by extracting it directly from the air using solar energy.
The company obtained a certificate of suitability for the water produced from the device according to European Union specifications. The company also operates the device and distributes it to remote workplaces that are not connected to drinking water networks.
In 2nd place came PowerStove from Nigeria, which is a leading company working to provide an innovative solution to the energy problem in developing societies, by designing, producing and developing an environmentally friendly stove that works effectively and relies on modern technology. The company also works on producing biofuel pellets, at low cost to meet the energy needs of developing countries.