Agricultural crops storage

Agricultural crops storage

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Agricultural crops storage
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Construct and operate silos and storage facilities for crops that can be leased or operated directly.

Expected Impact

Improve food security and therefore reduce income losses by small and medium scale farmers, as well as benefit other actors in the food market.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
Only one-third of agricultural output could be stored in 2019.
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Decent Work and Economic Growth (SDG 8) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Good health and well-being (SDG 3) Life on Land (SDG 15)
Sector Sources
  • 1) United Nations Development Programme (2020). Sustainable Development Report 2020. https://unstats.un.org/sdgs/report/2020/The-Sustainable-Development-Goals-Report-2020.pdf 2) Gatete, C. (2016). The Rwanda we want: Towards ‘Vision 2050’. https://www.minecofin.gov.rw/fileadmin/user_upload/Minecofin/Speeches/Hon_Gatete_Umushyikirano_Presentation_2016.pdf 3) National Institute of Statistics of Rwanda (2014). RPHC4 Thematic Report: Labor Force Participation. http://www.statistics.gov.rw/publication/rphc4-thematic-report-labour-force-participation 4) World Bank (2020). Rwanda Food Smart Country Diagnostic. http://documents1.worldbank.org/curated/en/288911601302842762/pdf/Rwanda-Food-Smart-Country-Diagnostic.pdf 5) Food and Agriculture Organization of the United Nations. Decent Rural Employment. http://www.fao.org/rural-employment/work-areas/youth-employment/ica-programme/rwanda/en/ 6) World Bank (2020). Rwanda Food Smart Country Diagnostic. http://documents1.worldbank.org/curated/en/288911601302842762/pdf/Rwanda-Food-Smart-Country-Diagnostic.pdf 7) Food and Agriculture Organization of the United Nations. Decent Rural Employment. http://www.fao.org/rural-employment/work-areas/youth-employment/ica-programme/rwanda/en/ 34) National Institute of Statistics of Rwanda (2020). Labour Force Survey Trends August 2020 (Q3). http://www.statistics.gov.rw/publication/labour-force-survey-trends-august-2020q3
IOA Sources
  • 8) Regassa, S. (2014). Does it Pay to Invest in Post-harvest Management? An Ex-Ante Cost Benefit Analysis of Reducing Maize Storage Losses in Darimu Woreda, Ethiopia. https://www.shareweb.ch/site/Agriculture-and-Food-Security/focusareas/Documents/phm_regassa_cba_ethiopia.pdf 9) Regassa, S. (2014). Does it Pay to Invest in Post-harvest Management? An Ex-Ante Cost Benefit Analysis of Reducing Maize Storage Losses in Darimu Woreda, Ethiopia. https://www.shareweb.ch/site/Agriculture-and-Food-Security/focusareas/Documents/phm_regassa_cba_ethiopia.pdf 10) Allafrica (2019). Rwanda: Why Agro-Processing Factories Reject Local Maize Produce. https://allafrica.com/stories/201901220046.html] 11) PwC analysis based on Prof. A. Damodaran data, 2020. 12) International Silo Organisation (2020). Nothing works like a tower silo. https://silo.org/storage-methods/ 13) Štaba, D., Blanda, M. and Dolaček-Alduk, Z. Organization and technology during construction of cement silo. https://www.irbnet.de/daten/iconda/CIB15859.pdf 14) Silos Cordoba (2019). Silos Córdoba has signed a contract for the construction of a grain terminal in Nigeria. https://siloscordoba.com/blog/new-projects/silos-cordoba-has-signed-a-contract-for-the-construction-of-a-grain-terminal-in-nigeria/ 15) AgroMet (2015). Agrom Met silos provider. https://www.silos.com.pl/faq,64.html 16) Malabo Montpellier Panel (2016). Off The Ground: Investing In Rwanda's Agriculture Value Chains. https://www.mamopanel.org/resources/reports-and-briefings/ground-investing-rwandas-agriculture-value-chains-/ 17) Ministry of Agriculture and Animal Resources (2018). Strategic Plan for Agriculture Transformation 2018‐24. http://extwprlegs1.fao.org/docs/pdf/rwa180543.pdf 18) Willoughby, R. and Forsythe, L. (2012). Farming for impact – a case study of smallholder agriculture in Rwanda. Technical Report. Concern Worldwide. 19) Booth, D. and Golooba-Mutebi, F. (2014). 'Policy for Agriculture and Horticulture in Rwanda: A Different Political Economy?' Development Policy Review, 32(S2), S173-S196. https://onlinelibrary.wiley.com/doi/pdf/10.1111/dpr.12081 20) Smith, P., House, J. and Sobocka, J. (2016). Global Change Pressures on Soils from Land Use and Management. Global Change Biology, Wiley. https://hal.archives-ouvertes.fr/hal-01444070/document 21) Gatete, C. (2016). The Rwanda we want: Towards ‘Vision 2050’. https://www.minecofin.gov.rw/fileadmin/user_upload/Minecofin/Speeches/Hon_Gatete_Umushyikirano_Presentation_2016.pdf 22) Republic of Rwanda. Official Gazette n° Special of 17/01/2013. http://extwprlegs1.fao.org/docs/pdf/RWA131821.pdf 23) Republic of Rwanda. Official Gazette no Special of 16/06/2013. http://gmo.gov.rw/fileadmin/user_upload/laws%20and%20policies/Law_N_______43-2013_of_16-06-2013_governing_land_in_Rwanda.pdf 24) Republic of Rwanda. Annex 2 of the Ministerial Order 03/Cab.M/019 of 15/04/2019 Determining Urban Planning and Building Regulations. https://www.mininfra.gov.rw/fileadmin/user_upload/Annex_II.pdf 25) Republic of Rwanda. Building Faults and Administrative Sanctions is Annex 4 of the Ministerial Order N° 03/Cab.M/019 of 15/04/2019 Determining Urban Planning and Building Regulations. https://www.mininfra.gov.rw/fileadmin/user_upload/Annex_IV.pdf 26) Republic of Rwanda. Ministerial Order No 01/cab.M/09 OF 27/07/2009 Determining the Modalities of Constructing Buildings Providing Various Public Services to Ease the Access of Persons with Disabilities. https://www.mininfra.gov.rw/fileadmin/_migrated/content_uploads/ITEKA_RYA_MINISITIRI_RIGENA_UBURYO_INYUBAKO__ZOROHEREZA____ABAFITE_UBUMUGA.pdf 27) Africa Legal Network (2015). Investment Guide - Rwanda. https://www.africalegalnetwork.com/wp-content/uploads/2015/12/Rwanda-Investment-Guide-2015.pdf 28) Rwanda Development Board (2015). The Law on Investment Promotion and Facilitation. https://rdb.rw/wp-content/uploads/publications/Investment%20Promotion%20Law%202015%20(Investment%20code)).pdf 29) National Institute of Statistics of Rwanda (2019). Seasonal Agricultural Survey - 2019 Annual Report. http://www.statistics.gov.rw/publication/seasonal-agricultural-survey-2019-annual-report 30) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. https://dashboards.sdgindex.org/profiles/RWA 31) Republic of Rwanda (2019). Voluntary National Review Rwanda 2019. https://sustainabledevelopment.un.org/content/documents/23432Rwanda_VNR_Document__Final.pdf 32) SDG Tracker (2021). Measuring progress towards the Sustainable Development Goals. https://sdg-tracker.org/ 33) United Nations. Sustainable Development Goals. https://unstats.un.org/sdgs/indicators/database/