AGRICULTURE INSIGHTS | 26 JULY 2019

Agricultural sector to
power up with renewable
energy to fight food insecurity

Roux Widernboer Author

Roux Wildenboer

Head: Agriculture

SHARE
Facebook
Twitter

Roux Wildenboer addresses how Absa is supporting renewable energy projects in the Agri sector.

The agricultural sector needs to embrace renewable and alternative energy sources.

In this instalment of the 2019 Absa Insights Series, Roux Wildenboer, Head: Agriculture, Absa CIB, discusses the increase in renewable energy projects and how Absa is backing them with Hendrik van der Linde, Coverage Banker, Secondary Agriculture, Absa CIB, and Ray van Rooyen, Coverage Banker, Secondary Agriculture, Absa CIB.

Video highlights:

  • As load shedding continues, many sectors and businesses are moving into alternative energy sectors.
  • It is not yet viable to move 100% off-grid, but as technology improves and solutions broaden, the Agri sector will look increasingly towards alternative energy sources.
  • Consortiums that invest in alternative energy solutions are also on the rise.
Roux Widernboer Author
Roux Wildenboer

Head: Agriculture

Related Articles

INSIGHTS SERIES

Agriculture Insights

As one of the largest funders of agricultural projects in sub-Saharan Africa, we are fortunate enough to have access to some of the most sophisticated farmers and agri-processing professionals on the continent. Couple this with the fact that we are one of the largest card issuers in South Africa and have access to data-rich consumer insights; we are uniquely positioned to track the journey of agriculture projects from farm to fork.

2021 Agriculture Insights

Farmers, Ferraris and harvesting good investments in Africa

Farmers might not be driving Ferraris… yet, but there’s no doubt that Agriculture is a continental bright spot.

2020 Agriculture Insights

Absa extends plans to grow its lending book in African markets

Agricultural markets across the continent present opportunities for growth.