Gaborone: A strategic alliance between Standard Bank and Kwenantle Farmers is poised to revolutionize sustainable agriculture in Botswana. This partnership, which involves financing a 1MW solar-powered irrigation system for Kwenantle Farmers, marks a significant step towards a greener, more prosperous future for the country.

Kwenantle Farmers, a leading player in Botswana’s agricultural sector, has established itself as a pioneer in irrigated fodder production. By embracing solar power, the company aims to reduce energy costs by a substantial 65%, enhancing operational efficiency and profitability.

“This collaboration is a testament to our commitment to sustainable growth,” said Lesego Osman, Head of Business and Commercial at Stanbic Bank Botswana. “By supporting Kwenantle Farmers’ transition to renewable energy, we are not only protecting the environment but also empowering local communities and driving economic growth.”

The financial backing from Standard Bank will enable Kwenantle Farmers to expand their operations significantly, increasing production and creating new job opportunities. This expansion will not only boost the local economy but also contribute to national food security.

“Sustainability is about creating long-term value for our people, our country, and the planet,” said Obonye Lembie Mmereki, Co-Principal of Kwenantle Farmers. “With Standard Bank’s support, we are confident in our ability to expand our operations and continue making a positive impact on Botswana.”

This partnership exemplifies the power of collaboration in driving sustainable development. By embracing innovative solutions and prioritizing environmental stewardship, Standard Bank and Kwenantle Farmers are paving the way for a greener, more prosperous future for Botswana.