BURN Receives $12 Million Investment From Key Carbon to Expand Cleaning Cooking in Africa
By James Wamathai
BURN Manufacturing has announced that it has received a USD 12 million investment from Key Carbon Ltd. The investment is supported by Cartesian, a global private equity firm that invests in innovative projects, including those centered on decarbonization and climate mitigation.
This new investment will go towards the distribution of electric cookstoves in Kenya, Tanzania, Uganda, and Zambia and biomass stoves in Nigeria, DRC, Tanzania, and Mozambique over the next two years.
Photo courtesy of marcos fernandez.
Source: HapaKenya (link opens in a new window)
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