sunculture wins the ft ifc transformational business award 2018

Energy for Efficiency

Sunculture, a leading provider of solar-powered irrigation systems in Africa, has won the prestigious FT/IFC Transformational Business Award for 2018.Sunculture's mission is to empower smallholder farmers in Africa by providing them with affordable and sustainable irrigation solutions. The company's solar-powered irrigation systems are designed to help farmers increase their crop yields and income while reducing their reliance on expensive and unreliable diesel pumps.

The FT/IFC Award recognizes Sunculture's innovative business model, which combines renewable energy, technology, and financial services to help farmers improve their livelihoods. By providing farmers with a complete package of solar-powered irrigation systems, installation, training, and financing, Sunculture is making it easier for smallholder farmers to access modern irrigation technology. Sunculture's impact has been significant, with over 4,000 smallholder farmers in Kenya and Tanzania benefiting from their solar-powered irrigation systems. These farmers have seen an increase in crop yields of up to 300% and have been able to grow a wider variety of crops, leading to improved food security and increased income.

The company's business model has also created employment opportunities in rural areas and has helped to reduce the gender gap in agriculture. With their affordable and reliable irrigation systems, more women have been able to access land and participate in farming, leading to greater gender equality and economic empowerment. In addition to their positive social impact, Sunculture's business model has also been environmentally sustainable. By using solar energy instead of diesel, their systems reduce carbon emissions and contribute to a cleaner and greener planet.

Receiving the FT/IFC Transformational Business Award is a validation of Sunculture's efforts to create a meaningful impact in the lives of smallholder farmers and promote sustainable agriculture in Africa. It also reaffirms the company's commitment to using business as a force for good and addressing some of the greatest challenges facing the continent. The award is a testament to the hard work and dedication of Sunculture's team, who have worked tirelessly to develop and implement their innovative business model. It also showcases the potential for businesses to drive positive change in developing countries and tackle issues such as poverty, food insecurity, and climate change. In an increasingly competitive business landscape, Sunculture's recognition as the winner of the FT/IFC Transformational Business Award 2018 is a significant achievement. It not only sets them apart from their peers but also serves as an inspiration to other businesses to adopt a more responsible and sustainable approach in their operations. As the company continues to grow and expand its impact, Sunculture's win of the FT/IFC Transformational Business Award 2018 is a reminder that businesses have the power to drive transformational change and create a brighter future for all.

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