Burn Secures US$5 Million Investment from Electrifi to Scale Electric Cooking in Kenya
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BURN Secures $5M to Scale Electric Cooking in Kenya
Kenya’s clean energy push has received a significant boost, as African cookstove manufacturer BURN secures USD 5 million from the Electrification Financing Initiative (ElectriFI), backed by the European Union and managed by EDFI Management Company. The funding will accelerate the deployment of BURN’s ECOA Induction Cooker (ECOA IDC), aiming to bring clean electric cooking to over 100,000 households across the country.Rodrigo Madrazo, CEO of EDFI…
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 produc…
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