The startup estimates that of the 700 million Africans living on small-holder farms only 4% have access to irrigation, meaning that they have significantly lower yields and are vulnerable to dry weather.
Reed Hastings, the co-founder of Netflix and Eric Schmidt, the former chief executive officer of Alphabet, through his foundation, took part in a funding round for an African solar irrigation startup. The two billionaires are among investors who have invested $27 million in Nairobi, Kenya based SunCulture alongside others such as InfraCo Africa and Acumen Fund, the startup said.
SunCulture operates in Kenya, Uganda and Ivory Coast and has distribution agreements in Ethiopia, Zambia and Togo. “SunCulture helps farmers grow more food, which is exactly the kind of business that prospers,” Hastings said in comments supplied by the irrigation company. The company has sold 47 000 units, powered by solar panels that can be mounted on small buildings or shacks and in some cases batteries.
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