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Shared solar cold rooms for the fishing industry in Tanzania

Country Tanzania
Sector Cooling, Renewable energy
Technology Area Solar
Stage Startup enterprise
Total fund ask 500K - <1M
Security / preferred instruments Straight equity, Senior debt, Sub-ordinated debt, Mezzanine e.g. convertibles
It is estimated that 290 tons of fish are harvested every day in Lake Victoria around the Mwanza area over 60% of which is lost post-harvest, due to limited access to cooling services. The project provides cooling and storage services to smallholders, suppliers and aggregators of fish by installing solar powered cold rooms in the Lake Victoria area. The project plans to store 20 ton of fish per day, serving up to 80 fish traders, mostly women and youth.