Webinar on the Joint Crediting Mechanism (JCM) Implementation for Tunisia- Contribution to GHG Emission Reductions in Tunisia through the JCM -Project outline for rooftop solar power systems in Kenya(Selected in 2022)

Hiroki Ishida
Director at Africa Division
AAIC Japan Co., Ltd/AAIC Kenya
Contact
ishida@aa-ic.com
k.ota@aa-ic.com
pa@aa-ic.com

Copyright © 2023 AAIC All Rights Reserved.

AAIC, a consulting and investment company actively
working on Africa

Specializes in supporting Japanese companies in their global expansion strategies starting from emerging countries.

Areas of Expertise

Extensive Network

Strategic Consulting & Execution(Knowledge)
Emerging Countries(Asia ~ Africa)
New Business Realms(Autonomous Driving, AI/IoT, etc.)

Cairo

Investment & Incubation(Capital)

Tokyo
Shanghai

Africa Healthcare Fund 1 & 2($87m Commitment in total)

Lagos
Ho Chi Minh

NairobiSingapore (HQ)

OSTI & Rwanda Nuts
Company

Johannesburg
HR & Global Network(People)* Mumbai are regional partners: Countries Active In：AAIC Group Office Locations

In emerging countries/new business realms, we will challenge new things and create new value
For the world through “Knowledge”, “Capital”, and “People”
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Three projects submitted by AAIC were selected for FY 2022
Projects Selected in the Selection for FY2022
Partner&&These are the only four projects in Africa out of 40 projects in 2022
Copyright © 2023 AAIC All Rights Reserved.

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Project ①: UNGA GroupOne of the largest millers in East Africa with a heritage of over a century
Company

Unga Group Plc, Unga Holdings Limited, Unga
Limited, Unga Farm Care (EA) Limited

Address

Commercial Street Nairobi, KenyaBusiness

The Company operates through two segments:
human nutrition, and animal nutrition and health.
- The human nutrition products range from
wheat flour to maize meal, porridge, pulses
and rice.
- The animal nutrition and health portfolio
includes livestock feeds, cattle minerals,
customer-specific formulations, feed
concentrates, acaricides, dewormers, vaccines,antibiotics, and analytical services.

StaffApprox. 400（Unga Group Plc）

Revenue

KES 18.0 Bn：approx. USD 141.0 M（2022）

Market Cap.

KES 1.14 Bn：approx. USD 75M (10/2023)

Company Profile⚫ UNGA Group Plc is a Kenya-based holding company that has amajority shareholding in companies involved with themanufacture and marketing of a broad range of humannutrition, animal nutrition, and animal health products.
⚫ Unga Group Ltd is a listed company on the Nairobi Securities
Exchange (NSE)⚫ Unga Limited is an affiliate company of Unga Holdings and is
one of the largest millers in East Africa with a heritage of overa century in grain milling.
⚫ Unga Farm Care (EA) Limited is the region’s leading
manufacturer and marketer of a broad range of quality animal
nutrition and health products.
⚫ Over 90% of Unga Group’s products are produced for theKenyan domestic market with some exports to Uganda,Tanzania & Rwanda.
Source：Unga Group Plc Website https://unga-group.com/

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Unga Project: 3.1MW Rooftop Solar Power System
Conceptual Diagram

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There are 7 sites, mill plants, feed plants, soya plants, etc.
Site of Projects

It is possible to consolidate several sites into a single application,
especially if each site has a low power generation capacity
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5Project Photos (Nakuru Mineral Plant)
BeforeAfter

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JCM helps Unga in its decision-making process to invest morein renewable energy projects
Unga’s Sustainability Agenda

Source：Unga Group Plc Website https://unga-group.com/

Copyright © 2023 AAIC All Rights Reserved.

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Project ②-1: Kenchic
The leading poultry producer in East and Central Africa

Company Profile

Company

Kenchic(Started its operation in 1984)

Address

Exan House, Enterprise Road, Opposite Kobil Petrol
Station, Nairobi, Kenya

BusinessKenchic is the licensed export slaughter house inKenya for poultry products- Broilers, Layers, Kenbro and COBB Broiler parent
stock, frozen and Fresh Products- Whole chicken,
Cut ups, Boneless packs, smoked products andmarinate products- The one stop shop for chicken farmers: Feeders,
Drinkers, Disinfectants, vitamins and vaccines

Partners & Outlets- Supermarket Outlets – Naivas, Carrefour,Foodplus, Game, Quickmart, Cleanshelf- Fast Food Outlets & Restaurants- Hotels- Butcheries⚫ Kenchic is the integrated poultry operation in East and Central
Africa, Kenya, Tanzania and Zambia.
⚫ The farming practices conform not only to Kenyan standards
but also to European Union and World Health Organization
requirements.
⚫ Kenchic supplies processed chicken meat & other processed
products such as sausages to International Franchises like
Kentucky Fried Chicken (KFC) in East Africa.
⚫ Kenchic operates its own in-house distribution/cold-chain
supply. The company has a refrigerated delivery fleet, ensuringthat products reach customers (B2B) in the right condition.
Source：Kenchic Website https://www.kenchic.com/

Copyright © 2023 AAIC All Rights Reserved.

8Project Photos: Kenchic (Hatchery)
BeforeAfter⚫ Size:0.67MW⚫ subsidized equipment：Modules
874pcs, Inverters 4pcs
⚫ Installation work period: February toJune 2023

Copyright © 2023 AAIC All Rights Reserved.

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Project ②-2: ABM (Associated Battery Manufacturers)
The only battery manufacturing company in Kenya
Company

ABM(Established in 1963)

Address

Kampala Rd Off Enterprise Road, Nairobi, Kenya

Business

ABM produces solar batteries and automotivebatteries (both vented and Maintenance Free)• ISO 9001 certification• ISO 14001 certification

Group Companies

ABM, ATHI RIVER
Lead recycling plant, located in Athi River,Machakos countySOLINC
Solar solutions/ Grid Tie located in Naivasha
CHLORIDE EXIDE
Renewable energy distributor in East Africa

Company Profile⚫ Established in 1963, Associated Battery Manufacturers (ABM)
is the largest battery manufacturing company in East andCentral Africa.
⚫ All ABM products conform to EN and JIS internationalstandards.
⚫ ABM also has an extensive network ofdealers in these and 9 other countries inEastern and Southern Africa.
⚫ In line with ESG goals, ABM recycles usedbatteries which are smelted, refined &broken into lead ingots for themanufacture of new batteries.
Source：ABM Website https://www.abmeastafrica.com/Copyright © 2023 AAIC All Rights Reserved.

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Project Photos: ABM (Battery Manufacturing Factory)
BeforeAfter⚫ Size:0.80MW⚫ subsidized equipment：Modules 1,052pcs⚫ Installation work period: Febrary to June 2023

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Process of Project Formation
How can we prepare for an application?
Step①
FindingPartner②
Project Review③
Application④
Implementation⑤
Monitoring

Approach

Time Required(Based on AAIC’sexperience)⚫
⚫

How can we find a Japanese partner?
Who can be a partner? (trading company, energy company, consultingfirm, etc.)

1-2Month⚫
⚫
⚫

Does the project meet a requirement?
How big the project should be in terms of power generation (MW)?
Do we have a high chance of success?

1-2Month⚫

2-3Months⚫

What kind of documents/information we have to prepare? (Kindly refer tothe following page)
How long does it take to prepare for an application?

⚫
⚫

Monthly reporting
Final reporting⚫ Annual reporting*the period depends on the type of the business (depreciation period underthe laws of Japan)

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7-17Years

12Required Documents/Information for a partner (in Kenya)*an excerpt from 2022 Application

Project Details

Cost

1. Project Idea Note for the Model Project
2. Project location Maps
3. EIA & NEMA licenses
4. Status for raw material procurement, electricity sales, etc.
5. Implementation system chart
6. Confirmation letter of Intention to Participate in project
7. Financing certainty
8. Payback period and internal rate of return
9. Main equipment list
10. Catalog of equipment
11. Schematic diagram for system/equipment installation
12. GHG (Greenhouse Gas) calculation sheet*The amount of GHG emission reduction affects to the amount of subsidy
13. User manual and product catalog for monitoring equipment
14. Schematic drawing for the monitoring system
15. Project Gant Chart
16. Cost break down
17. Quotations

Consortium

18. International Consortium Agreement
19. Agreement on the Allocation of JCM Credits

Company

20. Company Profile/Business Performance
21. Accounting situation
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Thank you for your attention!

Contact
Hiroki Ishida: ishida@aa-ic.com
Keiko Ota: k.ota@aa-ic.com
Assistant: pa@aa-ic.com

Copyright © 2023 AAIC All Rights Reserved.

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