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Acacia Innovations Ltd

Acacia Innovations Ltd

Company Overview

Website: http://acaciainnovations.com

Headquarters: kenya

Country of Operations: Information not available

Women owned / led: Founded by at least one woman

Year of founding: 2016

Number of FTEs: 50 to 100 FTEs

Legal status of the organization: For-profit

Care economy activities and business model

About the organization:
Acacia Innovations is a for-profit, women-led social enterprise specializing in the manufacturing and sale of biomass briquettes (branded under Kuni Safi). It reduces care work by saving time, money & energy spent by women in cooking and fuel collection. Acacia manufactures and distributes affordable cookstoves & briquettes, a nearly smokeless alternative to firewood, made of sugarcane waste. The enterprise’s work has helped reduce deforestation and the risk of respiratory illnesses due to indoor air pollution. Acacia’s customers save an average of 35% compared to firewood and 50% compared to charcoal.

Activities in the care economy:
Provision of affordable time and labour saving technology and products

Stage of growth: Mass roll-out/Expansion

Type of services: Labour saving solutions, Child-care (Ages 6 and above)

Number of customers (2020): Information not available

Number of customers (2019): Information not available

Number of customers (2018): Information not available

Financials

Profitability status:
Financially profitable

Revenue USD (2020): Between 500,000 to 1 million

Revenue USD (2019): Information not available

Revenue USD (2018): Information not available

Pathways to impact

Challenge addressed:
Lack of affordable solutions to reduce amount of time spent on care and domestic work

Pathway to impact – 4 Rs: Reduce

Populations affected: Paid care workers, Infants or children

Number of people served (2020): Information not available

Number of people served (2019): Information not available

Number of people served (2018): Information not available