Sharp Daily
No Result
View All Result
Friday, June 6, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

ARCH Cold Chain Solutions Fund unveils cold storage facility in Tatu City

Denis Kipruto by Denis Kipruto
December 1, 2023
in News
Reading Time: 2 mins read

The ARCH Cold Chain Solutions Fund celebrated the inauguration of its flagship cold storage facility in the Tatu City Special Economic Zone, marking a significant advancement in innovation. The state-of-the-art facility features cutting-edge temperature-controlled storage, a diverse range of services, and a dedication to minimizing food waste and enhancing safety standards within East Africa’s food distribution networks.

Covering an expansive 17,700 square meters, this facility represents a transformative development in the region’s food storage landscape. With a capacity of up to 18,000 pallets or 18,000 tonnes of goods, it is strategically positioned to address the pressing issue of food loss. The Food and Agriculture Organization of the United Nations (FAO) estimates that approximately 37.0 percent of food produced in sub-Saharan Africa is wasted at various points in the supply chain. This facility aims to counteract this alarming statistic by implementing top-tier storage and distribution practices.

What sets this facility apart is its unwavering commitment to sustainability. Constructed to meet Leadership in Energy and Environmental Design (LEED) standards, it aspires to achieve the prestigious LEED Gold Certification, a pioneering accomplishment in Africa. By relying on renewable energy sources, primarily solar photovoltaic energy, it aims to reduce its carbon footprint by sourcing up to 30.0 percent of its energy needs off-grid. This environmentally conscious approach aligns with the facility’s core mission of minimizing climate impact while ensuring optimal storage conditions for perishable goods and pharmaceuticals.

Furthermore, the ARCH Cold Chain Solutions Fund’s facility is not limited to local ambitions. With an expansion strategy in mind, the Fund plans to replicate its success in key cities across Eastern Africa, including Mombasa, Kigali, Dar es Salaam, Addis Ababa, and Kampala. Their ambitious plan aims to collectively achieve a substantial cold storage space capacity of 100,000 tonnes, thereby enhancing food safety and supply chain logistics throughout the region.

RELATEDPOSTS

No Content Available

During the opening visit by the European Investment Bank (EIB) senior team, Managing Director and Co-Head of ARCH Cold Chain Solutions East Africa Fund, Fredd Kambo, emphasized, “Our objective is to create a meaningful impact on food safety at all stages of distribution and mitigate food loss.” This sentiment was echoed by Edward Claessen, Head of EIB Regional Hub for Eastern Africa, highlighting the importance of private sector support in achieving impactful milestones. “While the recent downturn in the economy has sometimes discouraged private investment across the continent, this is a great showcase of what support to the private sector can achieve,” he added.

The ARCH Cold Chain Solutions Fund’s dedication to reducing food loss, enhancing food security, and promoting economic development in Africa underscores their commitment to creating a sustainable future. By revolutionizing the storage and distribution of perishable goods, this initiative sets a precedent for elevating global food safety standards.

Previous Post

Kenya’s November inflation rate shows marginal dip to 6.8%

Next Post

COP28 President commends Ruto for climate leadership at Africa Climate Summit

Denis Kipruto

Denis Kipruto

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

How Kenya’s E-Mobility shift could redefine urban planning

June 5, 2025

Economic liberators are the real heroes and heroines of the year

June 5, 2025

Affordable retirement planning for small businesses with CURBS

June 5, 2025

How Kenyan banks can modernize without marginalizing

June 4, 2025

Human rights concerns over activists’ treatment in Tanzania

June 4, 2025

Decoding stock-based compensation

June 4, 2025

Comparative advantage is the secret to real economic take off

June 4, 2025

Understanding inflation and its impact on everyday life

June 4, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024