Communal Cold Storage Infrastructure for Farmers

A windmill and water reservoir stand in a remote and desolate landscape on a rural farm in Namibia.

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Communal Cold Storage Infrastructure for Farmers
Communal Cold Storage Infrastructure for Farmers
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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 communal cold storage facilities for commercial farmers to store horticulture products for the export market.

Expected Impact

Improve the supply chain of agricultural produce to enhance food security in Namibia and promote export to regional markets in the Southern African Development Community (SADC).

How is this information gathered?
Updated: 29 Jul, 2021 Date of Production: 1 Jul, 2021
Namibia
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.
Namibia consumes over USD 45 million worth of fruits and vegetables annually.
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Decent Work and Economic Growth (SDG 8) Life on Land (SDG 15)

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Sector Sources
  • I) SDG Center for Africa and Sustainable Development Solutions Network, 2019, Africa SDG Index and Dashboards Report 2019, Kigali and New York: SDG Center for Africa and Sustainable Development Solutions Network, https://sdgcafrica.org/we-content/uploads/2019/06/SDGS_INDEX_REPORT_2019WEB.pdf. II) Republic of Namibia, National Planning Commission, 2017, Namibia's 5th National Development Plan (NDP5), https://www.npc.gov.na/?wpfb_dl=294. III) Martha Nangolo & Ndapwa Alweendo for Institute for Public Policy Research (IPPR), 2020, Democracy Report. Agriculture in Namibia: An Overview, https://ippr.org.na/wp-content/uploads/2020/02/Agriculture-in-Namibia-An-Overview.docx-10.pdf. IV) Republic of Namibia, National Planning Commission, 2018, Implementation of Sustainable Development Goals, Voluntary National Review, https://sustainabledevelopment.un.org/content/documents/19880New_Version_Full_Voluntary_National_Review_2018_single_1_Report.pdf. V) Republic of Namibia, National Planning Commission, 2018, Is Agricultural Productivity an engine for growth, https://www.npc.gov.na/?wpfb_dl=357. VI) DNA Economics, 2021, SAM Multiplier Analysis for the SDG study in Namibia, Six Capitals.
IOA Sources
  • 1) Republic of Namibia, National Planning Commission, 2017, Namibia's 5th National Development Plan (NDP5), https://www.npc.gov.na/?wpfb_dl=294. 2) Republic of Namibia, Ministry of Trade and Industry, Growth at Home, Namibia’s Execution Strategy for Industrialization, http://www.mti.gov.na/downloads/GrowthinNamibia.pdf. 3) Food and Agriculture Organization of the United Nations, 2016, Agroindustry Policy Brief 2. Developing the cold chain in the agri-food sector in sub-Saharan Africa, http://www.fao.org/3/a-i3950e.pdf. 4) Republic of Namibia, Namibia Statistics Agency, Namibia Census of Agriculture 2013/14, https://d3rp5jatom3eyn.cloudfront.net/cms/assets/documents/Namibia_Census_of_Agriculture_2013_14_Revised_Report.pdf. 5) The Research Department of the Bank of Namibia, 2017, 18th Annual Symposium: Feeding Namibia: Agricultural Productivity and Industrialisation, https://www.bon.com.na/CMSTemplates/Bon/Files/bon.com.na/52/52c35978-5912-4429-9052-3c8f5cc7971e.pdf. 6) Southern African Development Community, 2011, Regional Agricultural Policy (RAP) Country Summary Agricultural Policy Review Reports, https://www.sadc.int/files/7113/5293/3509/Regional_Agricultural_Policy_Review_Reports_2011.pdf. 7) Ministry of Agriculture, Water and Forestry, 2008, Green Scheme, http://extwprlegs1.fao.org/docs/pdf/nam170606.pdf. 8) National Food Security and Nutrition Council, 1995, Food and Nutrition Policy of Namibia, http://www.nafsan.org/wp-content/uploads/2020/08/National-Food-and-Nutrition-Policy-Namibia_1995.pdf. 9) Turnaround Strategy for the Ndonga Linena Green Scheme on behalf of Passage Investments by Dr. Loneson Mondo (MBA, DBA), 2011, Available on request from Loneson Mondo (lonesonmondo@gmail.com). 10) Food Safety Policy, 2014, Republic of Namibia, https://www.atf.org.na/issues/article.php?blogID=27. 11) Cold Storage Works and Abattoirs Proclamation, 1921, Republic of Namibia, https://laws.parliament.na/annotated-laws-regulations/law-regulation.php?id=12. 12) World Bank, 2017, Inclusive Innovations: Storage Solution, www.innovationpolicyplatform.org/system/files/8-Storage%20Solutions_Agri_May30/index.pdf. 13) FAO, 2005, Bankable Investment Project Profile: Development of Infrastructure for Marketing Horticulture Produce, http://www.fao.org/3/af315e/af315e.pdf.