Irrigation systems and dams

Irrigation systems and dams

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Irrigation systems and dams
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

Develop and distribute small-scale solar powered irrigation solutions and / or integrated systems with water dams.

Expected Impact

Enhance agricultural productivity and reduce impact of climate variability on food systems

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.
Medium Term (5–10 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.
USD 100 million - USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Clean water and sanitation (SDG 6)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Life on Land (SDG 15) No Poverty (SDG 1) Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • (I) World Bank database. (II) IHS Markit. Comparative Industry Forecast Tables, Agriculture, ISIC Classification Rev. 4. (III) Republic of Ghana (2017). Medium-Term National Development Policy Framework: An Agenda for Jobs: Creating Prosperity and Equal Opportunity for All (First Step) 2018-2021. (IV) 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. (V) Ministry of Food and Agriculture (2018). Investing For Food and Jobs (IFJ): An Agenda for Transforming Ghana’s Agriculture (2018-2021). (VI) Send Ghana (2014). Women and Smallholder Agriculture in Ghana - Policy Brief 2014.
IOA Sources
  • (1) Ghana Investment Promotion Centre (2017). Doing business in Ghana - To Know and Invest in Ghana. (2) National Geographic Society (2020). Environmental Impacts of Agricultural Modifications. (3), (4), (5), (6) Food and Agriculture Organization of the United Nations (1997). Irrigation Potential In Africa: A Basin Approach. (7) Mwamakamba, S., Sibanda, L. and Pittock, J. (2017). Irrigating Africa: Policy Barriers and Opportunities for Enhanced Productivity of Smallholder Farmers. (8), (9), (10), (11) Braimah, C. and Agodzo, S. (2014). Challenges to Efficient and Effective Irrigation Water Management in Ghana – the Case of Bontanga Irrigation Project. (12) FAOStat (2018). Land use. (13) Dakpalah, S.S., Anornu, G.K. and Ofosu, E.A. (2018). 'Small Scale Irrigation Development in Upper West Region, Ghana; Challenges, Potentials and Solutions', Civil and Environmental Research. (14) Food and Agriculture Organization of the United Nations (2021). AquaStat. (15) USAID (2017). Review of the National Irrigation Policy, Strategies and Regulatory Measures for the Irrigation Sub-Sector of Ghana - Ghana Feed The Future Agriculture Policy Support Project (APSP). (16) Danquah, E.O. et al. (2020). 'Monitoring and Modelling Analysis of Maize (Zea mays L.) Yield Gap in Smallholder Farming in Ghana', Agriculture. (17) FAO Investment Centre (2014). Ghana: Irrigation market brief. (18) International Water Management Institute (2012). Investing in Agricultural Water Management to Benefit Smallholder Farmers in Ghana, IWMI Working Paper 147. (19) Feed the Future (2017). Innovation Lab for Small-Scale Irrigation: Ghana - Profitability and Economic Feasibility Analysis of Small Scale Irrigation Technologies in Zanlerigu and Bihinaayili, northern Ghana. (20) Burney, J.A., Naylor, R.L. and Posel, S.L. (2013). 'The case for distributed irrigation as a development priority in sub-Saharan Africa', PNAS. (21) Feed the Future (2016). Drip Irrigation in Smallholder Markets: A cross-partnership study. (22) International Food Policy Research Institute (2010). What Is the Irrigation Potential for Africa? - A Combined Biophysical and Socioeconomic Approach, IFPRI Discussion Paper 00993. (23) International Fund for Agricultural Development (2016). Economic and Financial Analysis of rural investment projects. (24) FAAPA (Atlantic Federation of African Press Agencies) (2020). One-Village, One-Dam: 437 small earth dams at various stages of completion. (25) Ministry of Food and Agriculture (2021). Irrigation Development Authority. (26) Water Resource Commission (2021). Water use regulations. (27) Ghana Investment Promotion Center (2021). Investment Incentives and Guarantees. (28) Ghana Investment Promotion Center (202). Ghana incentives inventory. (29) World Bank (2017). Creating Markets in Ghana Country Private Sector Diagnostic. (30) World Bank (2014). Fiscal Consolidation to Accelerate Growth and Support Inclusive Development: Ghana Public Expenditure Review. (31) UNDP/PwC stakeholder interviews, Kenya, 2020. (32) Abunga Akudugu, M., Salifu, M. and Kaunza-Nu-Dem Millar, K. (2019). 'Rising to meet the new challenges of Africa’s agricultural development beyond vision 2020: the role of irrigation investments for jobs and wealth creation', Invited paper presented at the 6th African Conference of Agricultural Economists, September 23-26, 2019, Abuja, Nigeria.