(3 minutes read)
· Canadian companies Rainmaker Worldwide -specialized in clean water technologies- and Carlaw Group, a private equity firm active in Africa, have set up a joint venture in Togo
· The joint venture also will cater to the clean water needs of Kenya, Senegal, and Sierra Leone. The partnership once fully deployed could reach US$50 million annually
· Rainmaker will deploy its Air-to-Water technology
· This technology runs with a combination of atmospheric humidity, heat, and airflow to produce bottled water and distribute it to the mining and construction sectors
Canadian companies Rainmaker Worldwide -specialized in clean water technologies- and Carlaw Group, a private equity firm active in Africa, have set up a joint venture in Togo. The joint venture also will cater to the clean water needs of Kenya, Senegal, and Sierra
Leone. The partnership once fully deployed could reach US$50 million annually.
Rainmaker will deploy its Air-to-Water technology. This technology runs with a combination of atmospheric humidity, heat, and airflow to produce bottled water and distribute it to the mining and construction sectors. It is also expected to collaborate with the private sector and global humanitarian organizations to identify areas with severe
water crisis. The joint venture partners can define appropriate and innovative solutions to address the issue relevant to each situation.