NEXUS Madagascar


Investment size:
CHF 100,000 from 2018-2024
Impact:
Water and fishery infrastructure in the village Ambohibola, Madagascar
Financing partner:
A foundation based in Europe

What is the project all about?

The rural population in the Southwest of Madagascar does not have constant access to safe drinking water and sanitation facilities. In addition, climate change is making agriculture more difficult and forces inland people to move to coastal areas as fish becomes their single source of food and income. This increases the pressure on natural resources and causes social as well as economic challenges. Several attempts to address these individual problems have failed.
NEXUS Madagascar equips fishing villages with access to safe drinking water, clean energy and cooling solutions for fisheries products. The project also organizes the fishers in cooperatives and helps them to sell their products profitably on the market. Fishermen will be able to fish higher quality and a greater variety of products in a sustainable way. Thanks to an integrated cold chain, improved knowledge and coordination, the fishermen are expected to benefit from higher market prices. The fishers’ cooperatives will also become co- owners of NEXUS Madagascar over time to strengthen their engagement for the long-term development of their eco-system.
The project is part of a larger project, which plans to establish 50 Nexus Centers in 50 villages with over 120,000 habitants over the next 5 years. The total investment size is expected to amount to close to USD 5 million, to be financed from various strategic investors.

Our objectives

This project shall be developed with an entrepreneurial approach. Access to modern technologies combined with relevant know-how will allow fishers to increase their income and manage their resources more sustainably. Adding relevant services to an existing value chain and bringing the demand and the supply side closer together to jointly make an impact on local communities and the environment while offering investment opportunities is unique. The implementation of an education and coaching concept for the fishers and other stakeholders is an essential part of the approach.

Technology

The technologies to be implemented range from water treatment, cold storage facilities and fishing solutions to energy generation. But also indirectly connected hardware like Information & Connection Technology, buildings and mobility solutions are part of the holistic approach. Access to these technologies combined with relevant know-how will allow fishermen to increase their income – and manage their resources more sustainably.

Monitoring and Reporting

Our operating partner Weconnex provides reports on the status and progress of the project on a half-yearly basis.