Clean Cooking Revolution in Africa: BURN Secures $12 Million Investment

April 13, 2024, 3:31 pm
BURN
BURN
Location: Kenya
Employees: 501-1000
Founded date: 2011
Total raised: $12M
BURN Manufacturing, the top clean cookstove producer, has secured a $12 million investment to expand clean cooking solutions across Africa. The investment, supported by Key Carbon Ltd. and Cartesian, will fund the distribution of electric and biomass cookstoves in multiple African countries over the next two years. This initiative aims to address the negative health, environmental, economic, and gender impacts of traditional cooking fuels in Sub-Saharan Africa. By subsidizing the cost of cookstoves through carbon financing, BURN aims to benefit 1.5 million people directly and avoid over 12 million tons of carbon emissions. The partnership between BURN, Key Carbon, and Cartesian highlights the potential for impactful decarbonization projects in Africa. With this investment, BURN continues its mission to bring clean cooking appliances to every household on the continent, improving health, quality of life, and the environment.