Washington, D.C., 10 May 2022
Nithio is proud to announce their selection as one of the 100 most promising Technology Pioneers of 2022. The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world, including 30 economies on six continents, that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.
For the first time, over one-third of selected Technology Pioneer firms are led by women, well above the industry average. Nithio is proud to be one of these women-led companies. The firms also come from regions all around the world, creating a truly global community. This year’s cohort includes start-ups from 30 countries, with Vietnam, Rwanda and Czech Republic represented for the first time.
The diversity of these companies extends to their innovations as well. This year’s Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.
“We’re excited to welcome Nithio to our 2022 cohort of Technology Pioneers,” says Saemoon Yoon, Community Lead, Technology Pioneers, World Economic Forum. “Nithio and its fellow pioneers are at the forefront of industries that are critical to solving some of our world’s most complex issues today. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”
With Nithio’s selection as a Technology Pioneer, Dr. Kate Steel will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Nithio will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
About Nithio
Nithio was co-founded by Dr. Kate Steel, Queen Chinyere Quinn, and Bobby Pittman to increase universal energy access in Africa. Nithio is powered by its Risk Analytics Engine to standardize credit risk assessments by leveraging geospatial data, consumer repayment data, and AI and financial modeling. To increase off-grid renewable energy access, Nithio addresses key barriers to scaling energy financing such as limited understanding of the ability and willingness to pay, limited access to finance, failure to achieve scale and sustainability, and vulnerability to climate change and the need to build adaptive capacity and climate change resilience. Nithio’s goal is to drive billions in investment to clean energy solutions to scale climate change adaptation and mitigation measures.
About World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
About the Technology Pioneers
The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community is composed of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.
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