AGRICULTURE INSIGHTS | 26 JULY 2019 Agricultural sector to power up with renewable energy to fight food insecurity Absa | Corporate and Investment Banking > Insights and Events > Agricultural sector to power up with renewable energy to fight food insecurity Roux Wildenboer Head: Agriculture SHARE 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 WildenboerHead: Agriculture https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles 2023 Agriculture Insights Transforming agriculture through innovative financing The Financial Times recently ran a fascinating article entitled: “Wine growers fear funding will wither after fall of Silicon Valley Bank” – As one of the premium lenders to the South African agriculture market, this headline definitely caught the eye. Read more 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. Read more 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. Read more
