BURN Secures US $5 Million Investment From ElectriFI to Scale Electric Cooking in Kenya
BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has received a USD 5 million investment from EDFI Management Company (EDFI MC) through the EU Funded Electrification Financing Initiative (ElectriFI). This investment will allow over 100,000 Kenyan households to transition to clean, electric cooking—reducing household energy costs and eliminating an estimated 1.4M tons of CO₂ emissions over the product lifetime through BURN’s IoT-enabled ECOA Induction Cooker (ECOA IDC).
Photo courtesy of Overly Olu.
