Kate Steele, CEO of Nithio, discusses rapid demographic growth and economic dynamism in African markets compared to traditional Western perceptions.
0:00 / 0:07exact quote · 7.6s
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“In the next 15 years, Nigeria's population is going to pass the U.S., So it'll be the third most populous country in the world.”
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More from Kate Steele
Opinion
Steele: Restricting fossil fuel development in emerging markets is hypocritical
“But I think if we're continuing to develop those resources in industrialized markets, it's kind of hard to say, like, well, don't do it in these markets that are still emerging.”
Kate SteeleOct 27, 2022▶ 17:40Climatetech for developing economies
PredictionOpen · timeframe Dec 2030
Steele: 90% of Unelectrified People Will Live in Africa by 2030
“By 2030, 90% of people who don't have access to electricity will be living in Africa.”
Kate SteeleOct 27, 2022▶ 5:12Climatetech for developing economies
Opinion
Steele: Solar home systems need no new tech breakthroughs to scale
“Honestly, the great thing about this is that there's very little technology development that needs to happen. You know, there's been, And batteries are already kind of where they need to be at. PV is where it needs to be at, the electronics, all of that.”
Kate SteeleOct 27, 2022▶ 19:13Climatetech for developing economies
Insight
Steele: Microgrids combine the challenges of off-grid and centralized grids
“I think they have worked in a number of cases, but in some ways they're this hybrid where they have All of the challenges of an off-grid system and all of the challenges of a grid. And so figuring out the financing model, the operational model, like how you ac…”
Kate SteeleOct 27, 2022▶ 21:21Climatetech for developing economies
AssertionSupported
Steele: About 300 Million Unelectrified People Can Afford Existing Solar Home Systems
“Even of the six hundred million people without access, you know, by our estimates at Nithio, we think about half of those people could afford a financed Solar home system that's available right now.”
Kate SteeleOct 27, 2022▶ 25:07Climatetech for developing economies
PredictionNot checkable as stated
Steele: Electric transit may scale faster in East Africa than the US
“Electric motorbikes and electric public transit, I think is going to happen possibly faster in places like East Africa than in May in the U.S.”
Kate SteeleOct 27, 2022▶ 39:04Climatetech for developing economies
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