Nigerian Farmer, Indian Developer Benefit from Cooling-as-Service

Pay-for-use model prevents food waste, provides efficient AC.
Nuhu Sa'eed at Onzie Vegetable Market, Imo State, Nigeria
Located in Imo State, Nigeria, the Onize Vegetable Market had problems with spoiled produce. According to 23-year-old Nuhu Sa’eed, a Nigerian farmer and trader, the market often had to toss out 50% of its produce, leaving farmers and traders only marginal profits.
However, since the installation of a cold storage unit at the market, only 1-5% of the produce spoils, allowing for much higher profit margins.
ColdHubs, a Nigerian provider of propane (R290)-based solar-powered cold storage for developing countries, provided the unit using an affordable, cooling-as-a-service (Caas) servitization model, allowing the market to pay for it based on usage rather than through a large up-front investment.

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