From 70 applications across 19 countries, 11 global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country’s temperature-controlled logistics supply chain, as part of IFC’s award-winning TechEmerge program in partnership with African digital logistics platform Kobo360.
The pilot participants will have access to a pool of up to $1 million in total grant funding to support field-testing in Nigeria over the next 12-18 months. The TechEmerge Sustainable Cooling Innovation Program is funded by the UK Government's International Climate Finance and also provides advisory support throughout field testing to help innovators mitigate financial and operational risks, reduce adoption risks for local firms, and facilitate market entry and tech transfer.
TechEmerge is on a mission to demonstrate that state-of-the-art technologies and new business models can make temperature-controlled logistics efficient, affordable, and sustainable in Nigeria.
In collaboration with Kobo360—an e-logistics platform operating across Africa that connects truckers to customers—TechEmerge will match innovators across the world with leading companies in Nigeria to pilot sustainable cooling solutions that reduce losses in supply chains, strengthen access to TCL-dependent products and markets, and build commercial partnerships.
Why TCL? TCL is crucial for both producers and consumers to participate in the $10+ billion global market for perishable products. Currently, Nigeria accounts for a very small slice of that market, but it offers long-term opportunities for those who enter at this nascent stage. Download our flyer.
We are seeking innovations, including homegrown Nigerian solutions, that are clean, sustainable, resource-efficient, and scalable. These innovations must be applicable for leading local companies, including transport/logistics companies, truck owners, insulated container & refrigeration unit providers, and TCL buyers.
*Click here for detailed information on types of technologies, sectors, and specifications.
TechEmerge innovators are selected through a competitive process. Shortlisted applicants will be invited for matchmaking with local adopters to pilot their technology, product, or service and commercialize it in Nigeria, and Africa more broadly.
Cooling is vital for human health, productivity, and economic growth, and demand is rapidly increasing worldwide. However, left unchecked, greenhouse gases from cooling could be responsible for as much as one degree Celsius of warming by the end of the century. Click here to find out more about how TechEmerge is supporting sustainable innovations to cool a warming world.
Agriculture accounts for roughly 20 percent of GDP and 50 percent of jobs.
Nigeria’s food and beverage industry is valued at $100+ billion, with strong medium- to long-term prospects given its growing population, urbanization, and emerging middle class.
In 2017, the TCL market in Nigeria was valued at $63 million, driven by fish and seafood (56%), fruits and vegetables (17%), meat (12%), pharmaceuticals (11%), and dairy (4%).
The TCL market for processed foods and beverages is currently small but has significant potential for growth.
A growing population, particularly of young urban consumers with increasing levels of disposable income, is expected to fuel demand for TCL for perishable products. Growing incomes are linked to greater consumption of fruits, vegetables, fish, and meat products, all of which need cold chains that encompasses processing, packaging, transport, and storage.
Nigeria, like many other developing economies, is a very cost sensitive market. It needs very innovative, cost effective, economical TCL solutions capable of kick-starting adoption even for low-value commodities such as vegetables.
Our adopters are leading transport/logistics companies, truck owners, buyers of transport/logistics services, and service providers offering insulated container and refrigeration units.