NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

ARE Member InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with Savant Group Ltd, committing US$12 million to scale SunCulture’s solar irrigation offering across sub-Saharan Africa. The equity investment, made through InfraCo Africa’s dedicated investment arm, forms part of an oversubscribed US$27.5 million Series B fundraise is set to deliver access to Internet-of-Things (IoT)-enabled solar powered irrigation systems to hundreds of thousands of smallholder farmers by 2030.

Photo courtesy of IWMI Flickr Photos