Daniel Gizaw founded dVentus with the idea of promoting sustainable energy solutions, which he and a
local team would manufacture at facilities in Ethiopia. Since the IAN’s initial investment in 2013,
dVentus has been making strides in building local capacity and in new product development.
The company has successfully designed and built a prototype and system for smart meters to
improve the reliability, security and efficiency of African and Middle Eastern power grids,
and is now working on certifying the prototype to customers' specifications. dVentus’ expansion
has enabled the company to increase its staff by approximately 25%, as it has brought on engineers
and other highly skilled local professionals since the close of the IAN’s investment. The company
is also developing other exciting new products, such as energy efficient generators and other
components of smart grid solutions.