US-based BG Titan launches E-Farms in Uganda, plans to expand across East Africa

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October 10, 2024
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2 min read
  • US-based BG Titan Group has launched its Titan E-Farms initiative in Uganda, aiming to transform agriculture across East Africa, in a project totalling over $650 million.
  • Following its launch in Uganda, BG Titan Group plans to expand the Titan E-Farms model to neighbouring East African countries, including Kenya, Tanzania, and Rwanda. 
  • The project is designed to provide a sustainable agricultural model for economic growth and address environmental challenges. The Titan E-Farms also concept combines advanced sustainable technologies to decarbonise agricultural processes and eliminate waste.

The Titan E-Farms project also aims to generate clean energy, with the potential to produce 50-100 MW of renewable energy through the use of waste-to-power, solar, and hydrogen technologies. 

The energy produced is expected to support the farm’s operations and provide surplus power to local communities.

In addition to its environmental impact, Titan E-Farms aims to create over 5,000 direct jobs in farming, technology, and energy production, as well as indirect opportunities.

Titan Air is a key component of the project, featuring a circular farming model, where CO₂ and methane are captured and converted into algae, helping to decarbonise the farming cycle. The algae can also be used as fertiliser and fish food.

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Also, the Titan E-Farms will integrate sustainable agri-solar practices, combining cultivation with solar energy production. 

Aymen Boughanmi, CEO of BG Titan Group, affirmed that the Titan E-Farms initiative in Uganda will not only meet the nation’s agricultural needs but also provide a sustainable energy solution, create jobs, and support local communities, transforming the agricultural landscape of East Africa.

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The US company is entering Uganda's clean energy sector and plans to expand throughout East Africa at a time when Climate Tech funding has increased significantly, from $340 million in 2019 to $344 million in 2020, $613 million in 2021, $959 million in 2022, and $1.1 billion in 2023.

However, reports indicate that startup funding is increasingly favouring African climate tech startups, with the sector receiving $325 million so far in 2024, according to the report. Also, some investors are increasing their commitment to the industry.
Despite the funding, some startups, like Hohm Energy, a South African climate startup, has halted operations and begun liquidation due to financial difficulties, despite securing $8 million in February 2024 and up to $12 million in two years.

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