Uduma
For-profit water solutions leave out the rural poor, NGO solutions don't scale, and government systems too often fall into disrepair.
The Idea
Rural Water Utilities
Total Investment
600000
Grants
0
Equity/SAFE
0
Debt/Convertible Debt
Funded Since
2023
Geography
Sector
Structure
The Mission
Safe water for everyone, forever.
How It Works
Uduma operates and maintains government water infrastructure. The government must build and repair infrastructure, while Udama assure that water is clean, plentiful, and affordable. As part of the deal, water districts are structured to combine profitable peri-urban areas with remote, unprofitable ones. This mandated cross-subsidy, combined with the government obligation to build, means that Uduma make a profit serving everyone.
The Dream
Water utilities provide safe, plentiful water to everyone, forever.
Why We're In
Safe water for all has proven a very tough nut to crack. We think Uduma has the most promising solution to date. They've achieved unprecedented national scale in Benin and are now working in three additional countries. They've demonstrated that their rural utility model can profitably serve remote locations with affordable water -- a big idea for the continent and beyond.
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Are you a serious funder and want to learn more?
This is just a snapshot of what we know about the organization. If you're an investor or funder that might send some serious dough their way, we're always delighted to share more. Reach out and we'll connect you with the right person on our team.
*this is not monitored for funding requests.