Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Identifies Innovative Business Models to Capitalise on the Emerging Transformation of the African Water Market - Growing environmental awareness and water stress drives industries to adopt sustainable and energy-efficient solutions, notes Frost & Sullivan’s Environment and Industrial Team
Frost & Sullivan Identifies Innovative Business Models to Capitalise on the Emerging Transformation of the African Water Market

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2018/06/28 - Growing environmental awareness and water stress drives industries to adopt sustainable and energy-efficient solutions, notes Frost & Sullivan’s Environment and Industrial Team.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The global industrial water market is expected to grow at a staggeringly high rate of 7.6% in 2018. Sustainability and water security will take the spotlight, as the world aligns towards protection of vulnerable waters and minimises impact of water-related hazards. In the event that status quo is maintained, two-thirds of the world’s population could be living in water stressed conditions by 2025!

In this context, Africa will be one of the most prominent stakeholders for the emerging water industry, considering that the continent has the largest number of water-scarce countries in the world. A majority of the continent relies on rainfall and surface water for water supply, which is not going to be sustainable any longer. Many of the existing fresh water sources have been polluted to the extent that access to clean water stands at around 50% only. Water scarcity is a rapidly growing problem for Africa, compounded by an abysmally low turnaround potential, seeing how water infrastructure related projects account for only 1.3% of the total infrastructure investment.

“One of the key deterrents to infrastructure development is the associated costs for ramp up. This is where digitalisation can come up as a pertinent solution for the region. Digitalisation offers benefits of higher efficiency and a streamlined CapEx outflow for governments, by capitalising on analytics to increase performance of assets, and to achieve a phased rollout that would be based on risk / impact priorities. This would imply the emergence of new business models, necessitating a change in how existing vendors and stakeholders look at the industry” notes Abhay Bhargava, Business Head, Industrial Practice, Frost & Sullivan.

This imbalance of available freshwater creates a need for alternate sources such as Seawater Desalination and Sustainable/Circular Options. Of Africa’s 54 countries, 39 can take advantage of such solutions, enjoying a coastline that makes desalination a viable option. Currently, desalination in Africa is concentrated in Algeria Libya and Egypt with ±74% of total capacity and plant numbers are centred in these 3 countries. South Africa is the fastest gainer for desalination in Africa - 10 desalination plants are expected to be online by 2019, to mitigate the on-going water crisis.

Some strategic imperatives for success and growth in the water industry:

• Increasing appetite and urgency for efficiency improvement targeted at smart enabled solutions backed by an innovative business model;
• Digital transformation of a water utility and water services in agriculture crucial to enhance resilience and asset value for better financing;
• Customer focused digital strategy needs to be aimed at both understanding their needs and to enhance interaction backed incentives;
• Digital skills gap to be addressed with specific and customised training solutions targeting the various roles and functions within a utility;
• Corporate vision and strategy towards Water as a Service will be key to align with the future of multi-utility services for households.

“Innovative business models and financing can transform growth prospects in this market, opening up opportunities for a larger investor base. These developments will also contribute significantly to the region at large, by resulting in financially attractive solutions and providing increased employment opportunities”, notes Bhargava. “For example, with the growing trend of Pay-per-use Water Dispensers, community based water supply models such as eWaterPay, Water ATM’s, and iDrop Water are growing in urban areas. Irrigation as a Service (IaaS) has a strong potential with small farmers accounting for 70-80% of all the farmers in Tanzania, Malawi, and Zambia. It is imperative for service providers / innovators to develop business plans that are thorough & well structured - a key requisite to attract investors and to drive adoption in the region.”

About Frost & Sullivan

For over five decades, Frost & Sullivan (frost.com) has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment / Recycle articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Identifies Innovative Business Models to Capitalise on the Emerging Transformation of the African Water Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Anita Chandhoke - Frost.com 
+91 80 67028020 achandhoke[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Environment / Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Environment / Recycle Most Recent Related Press Releases:

BASF Enters Power Agreements for Clean Energy Supply of More than 20 BASF Sites Across the United States
ABB Collaborates with Captimise to Simplify and Reduce Cost of Carbon Capture and Storage (CCS)
HyNetherlands to Produce e-methanol from Green Hydrogen and Non-recyclable Waste
Air France, Atmosphère, Cerfacs, CGX, DSNA, Onera and Thales Join Forces on the Octavie Project
BASF Introduces PuriCycle® Portfolio of Catalysts and Adsorbents to Enable Plastics Recycling
BASF Venture Capital Invests in Climentum Capital’s First Fund
Frost & Sullivan Recognizes carbmee with the 2022 Europe Enabling Technology Leadership Award in the Carbon Management Industry
BASF to Build Commercial Scale Battery Recycling Black Mass Plant in Schwarzheide, Germany
BASF Highlights Progress in Enabling Plastics Circularity At Plastics Recycling Show Europe 2022
ANDRITZ and ARA Sign Cooperation Agreement on Innovative RDF Processing Solution

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  Limelon Advertising, Co.

Heavenly Culture World Peace Restoration

Visit  BizJobs.com







 
  ©2022 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today