Foodtech

Upcycling food- a great investment opportunity (Pt 2)

(estimated reading time: 5 minutes) 

Introduction

Our last newsletter provided a holistic overview of food waste and the mismatch between funding and investment opportunities. Below are some of the highlights:

  • US spending on transporting, processing, and disposing of food waste: $200 billion
  • 20%: the amount of freshwater, cropland, and landfill volume consumed by food waste
  • The global food and vegetable market: worth $200 billion by 2020
  • Venture capital funding in food waste in 2016: $140 million (4% of 2016 AgTech raises)

Continue reading “Upcycling food- a great investment opportunity (Pt 2)”

Water Crisis

DROUGHT SPECIAL #6: The Successes of Desalination: The case of Israel (+ Cape Town UPDATE)

27|2|2018 – CAPE TOWN DROUGHT UPDATE

Cape Town’s tough water-saving regime has seen Day Zero be pushed back once again, to 9 July from an earlier date of 4 June. This announcement came off the back of a 10 billion litre water donation from the Groenland Farmers Association. Residents of Cape Town have collectively cut consumption by more than half in the last 3 years. Last week water consumption averaged 523ML per day, falling far short of the target of 450ML per day.

Cape Town water crisis snapshot:

  • Cape Town’s cumulative dam levels are sitting at 24.1%, down 0.5% from last week
  • The City’s main water source, Theewaterskloof Dam is at just 10.9% capacity, down 0.7% since last week.
  • The City claims its progress in securing alternative water sources through desalination, recycling and groundwater is at 62%.

Water scarcity affects more than 40% of the global population, underlining the urgent need for large-scale solutions to ensure long-term water security. Cape Town requires around 500ML of water per day to supply its citizens with 100L per person per day. Cape Town has begun down the road of desalination- the process by which salt and other impurities are removed from seawater to produce potable water.

We looked at Israel as an example of where desalination is being utilised in a cost-effective way.


Israel

Much like Cape Town, Israel is faced with limited rainfall and a gruelling climate. In order to secure water sources, Israel has increasingly relied on desalination since the 1960s when the world’s first plant was built.
Continue reading “DROUGHT SPECIAL #6: The Successes of Desalination: The case of Israel (+ Cape Town UPDATE)”

Water Crisis

DROUGHT SPECIAL #5: Can desalination plants secure Cape Town’s water supply? (+ Cape Town UPDATE)

20|2|2018 – CAPE TOWN DROUGHT UPDATE

Day Zero has once again been pushed back, to 4 June from an earlier date of 11 May, reportedly as a result of continued decline in agricultural usage, and reduced consumption by Capetonians. Over the past week urban usage has seen an all-time low average of 526 Ml per day, though targets remain at 450Ml per day with level 6B restrictions still in place. This improvement comes off the back of increased pressure management interventions by the City, and just 8mm of rainfall on Tuesday afternoon which provided a brief respite from the dry conditions.

Cape Town Water Crisis Snapshot:

  • Cape Town’s cumulative dam levels are sitting at 24.6%, down 0.5% from last week
  • The City’s main water source, Theewaterskloof Dam is at just 11.6% capacity, down 0.6% from last week.

Desalination for water security

As seawater accounts for 97% of the Earth’s water, and South Africa boasts a coastline of over 2,500kms, desalination seems to be an obvious solution. Continue reading “DROUGHT SPECIAL #5: Can desalination plants secure Cape Town’s water supply? (+ Cape Town UPDATE)”

Foodtech

How to feed 10 billion people? Upcycle food! (Pt 1)

(estimated reading time: 5 minutes) 

Introduction

The United States spend over $200 billion transporting, processing, and disposing of food waste – over 1% of GDP. Estimates vary, but the total amount of food wasted each year hovers between 30-40%, likely towards the upper end. Food waste consumes around 20% of fresh water, crop land, and landfill volume. Put simply, there is a lot of discarded, edible food (!). Continue reading “How to feed 10 billion people? Upcycle food! (Pt 1)”

Water Crisis

DROUGHT SPECIAL #4: CPT Water Crisis Update and the Cape Flats Aquifer

13|2|2018 – CAPE TOWN DROUGHT UPDATE

Capetonians rejoiced as a welcomed 0.8mm of rain fell on Friday evening. Day Zero has potentially been extended to mid-May as dwindling water supplies continue to be allocated at a rate of 50L per person, per day. While this may come across as a small, but triumphant victory for Capetonians, evidence suggests that water savings have not primarily resulted from reduced consumption by citizens. The city claims that this new forecast is due to a decline in agricultural usage.

Cape Town Water Crisis Snapshot:

  • Cumulative dam levels are sitting at 25.1%, down 0.7% from last week
  • The City’s main water source, Theewaterskloof Dam is at just 12.2% capacity
  • Only 1 out of 7  alternative water source projects are on schedule (V&A Waterfront desalination plant)
  • The City claims it’s progress in securing alternative water sources is at 62%

Continue reading “DROUGHT SPECIAL #4: CPT Water Crisis Update and the Cape Flats Aquifer”