Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Monday, July 25, 2016
Smart farming with solar powered irrigation system boosts farmers profit.
SunCulture designs and sells solar-powered irrigation systems that make it cheaper and easier for smallholder farmers to grow high-value fresh fruits and vegetables. The company’s AgroSolar Irrigation Kit increases farmer profit by $14,000 per acre per year — based on fuel, fertilizer, and labor savings and crop yield increases.
SunCulture’s Co-Founders Samir Ibrahim (CEO) and Charlie Nichols (CTO) met in New York and launched SunCulture out of the New York University Stern Venture Competition. The company launched in mid-2013 and has since installed 500+ systems across Kenya, Tanzania, Uganda, Somalia, Ethiopia and South Sudan. SunCulture was recently awarded $2m in funding from USAID’s Powering Agriculture program to support scaling up across the East African region.
By 2030, the World Bank projects Africa’s farmers will create a trillion dollar agribusiness market if they can access the capital, knowledge and technology necessary to increase yields — which trail world averages by as much as 50%.
Sub-Saharan Africa is the region with the highest prevalence of undernourishment in the world — almost one in every four people is undernourished. However, Africa possesses 50% of the world’s unused arable land and can feed itself — and help feed the world too. In Kenya, where SunCulture operates, 75% of the labor force is engaged in agriculture and the sector contributes 30% of GDP.
Smart farming technologies like SunCulture’s solar powered irrigation systems — which increase yields by up to 300% with 80% less water than traditional farming methods and use clean and affordable solar energy — present an exciting opportunity to sustain-ably address the yield gap on millions of smallholder African farms to improve food security and enhance economic growth.More
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