Grow with Solakilimo: Reimagining the world’s food supply chain by preserving, protecting, and optimizing the distribution of food
Raphael Asiba (RCE Greater Nairobi)
12th African RCE Regional Meeting
28-30 November, 2022
3. Africa’s largest and most innovative provider of temperature controlled supply
chain and logistics solutions
Solar Cold Rooms
$1.2/Crate/Day
Transporting
$0.5/Ton/KM
Solution
Warehouse management &
Logistics Software
4. 15%
15%
40%
15%
15%
Kenyan cold storage market share
Fruits & Vegetables Dairy Fish,Meat and sea food Processed food Pharmaceuticals
The Kenyan cold storage market is expected to grow at a compound annual growth rate of 13.5%
from 2022 to 2028 to reach USD 291 billion by 2028.
$500M
Post-harvest loss in Dairy, Fish, fruits and vegetables,
livestock in Kenya annually
Serviceable Available market
Source: Ministry of Finance
$75M
Post-harvest Revenues lost annually in
Fish Industry in Kenya
Serviceable Obtainable Market
Market Size
5. Competitive Advantage
Revenue Model
Pay-As-You Preserve
Leasing Subscription Subscription
ACCESS TO CREDIT YES NO NO NO
CURRENT
MARKET
Kenya Kenya Global Global
DISTRIBUTION
Fruits, Vegetables,
Dairy, Aquaculture,
Horticulture,
Pharmaceuticals
Fruits and vegetables Fruits and Dairy Horticultural products
MARKETPLACE YES NO NO NO
6. Traction
0
200
400
600
800
1000
1200
1400
1600
1800
Jan Feb Mar Apr May Jun Aug Sept
Number of Users in 2022
Clients
- 2, 28-cubic metre solar cold rooms in
Kisumu
- 50,000 tonnes of fish preserved
- 40% increase in customer income
- 1600 customers since Piloting
- Break-even in 3 Years
- Reduced greenhouse gas emissions by
72Megatons
- Created 30 direct jobs for youths and
women
0
500
1000
1500
2000
2500
3000
3500
Jan Feb Mar Apr May Jun Jul Aug
2022 Revenue in $
Value in $
7. Team
Eng. Brean Ogechi
Lead Engineer
Mechanical Engineer
Technical University of
Kenya
Raphael Asiba
Co-Founder & CEO
B. Economics
Kenyatta University.
Eng. Millicent Mejja
COO
Electrical & Electronics
Engineering
JKUAT.
Faith Okongo
Co-Founder & CFO
MSc Social Statistics
Bsc Economics
CPA (K)
8. 8
Fund Raise
$500K SAFE Note
By 2024.
Goals
Expand Strategically to 5 new Fresh
food Markets in Kenya.
Install 10 new solar cold rooms.
New locations in fresh food markets.
Fabricate/ Acquire Mobile solar cooling boxes.
Cold Logistics Penetration In the
Market.
Future exploration and Complete core Apps of
logistics.