Photo by UNDP Tanzania
Renewable Energy Irrigation
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.
Renewable Resources and Alternative Energy
Business Model Description
Manufacture, distribute and install affordable solar-powered irrigation pumps utilising modern technologies for the production of high-value crops throughout the year and sale of products to high end domestic as well as export markets.
Enhance agricultural productivity and support the sustainable commercialization of the horticulture industry.
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).
20% - 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.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
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- 12) SmartSolar Tanzania, 2022. https://www.lorentz.de/en/references/africa/tanzania/841. 13) Foreign, Commonwealth & Development Office, of the United Kingdom, 2019. Tanzania Market Snapshot, Horticulture Value Chains and Potential for Solar Pump Technology. 14) World Integrated Trade Solution , 2018. Tanzania Food Products Imports. 15) The World Bank, 2019. Tanzania’s Path to Poverty Reduction and Pro-Poor Growth. 16) International Trade Administration, 2021. Energy Resource Guide, Tanzania. 17) United Republic of Tanzania, 2013. National Irrigation Act, No. 5 of 2013. 18) United Republic of Tanzania, 2004. Investment Promotion Act No. 6 of 2004. 19) United Republic of Tanzania, 2002. Plant Health Act. 20) Tanzania Renewable Energy Association / Kingdom of the Netherlands, 2020. Increasing the use of solar powered pumps for Irrigation in Tanzania. 21) United Republic of Tanzania, 2022. Standard Incentives for Investors. https://investment-guide.eac.in. 22) EEAS, 2022 https://eeas.europa.eu/delegations. 23) Netherlands Enterprise Agency, 20015. Tanzania Horticulture Sector Outlook Opportunities and Challenges. 24) USAID, 2022. https://pdf.usaid.gov. 25) Tanzania Horticulture Association, 2021. Horticulture Industry Markets Access Strategy (HIMAS). 26) Tanzania Horticulture Association 2020, Industry Position Paper. 27) Global SDG Indicator Platform, 2022. https://sdg.tracking-progress.org/indicator/9-4-1-carbon-dioxide-emissions-per-unit-of-value-added/?tab=map. 28) United Republic of Tanzania, 2021. Intended Nationally Determined Contributions (INDCs). 29) United Republic of Tanzania, 2013. National Agriculture Policy. 30) The United Republic of Tanzania, 2016. National Irrigation Commission, Proceedings of the Workshop on “New Directions for Irrigation Development in Tanzania: The Context of Public Private Partnership". 31) The Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN), 2017. Pathways for Irrigation Development: Policies and Irrigation Performance in Tanzania. 32) The Global Economy, 2022. https://www.theglobaleconomy.com/Tanzania/carbon_dioxide_emissions. 33) United Republic of Tanzania, 2005. Water Sector Development Programme 2006 – 2025. 34) United Republic of Tanzania, 2013. National Irrigation Policy. 35) United Republic of Tanzania, 2009. The Water Resources Management Act. 36) Hydrology Research, 2020. Evaluation of Recharge Areas of Arusha Aquifer, Northern Tanzania: Application of Water Isotope Tracers.