African Development Bank grants $580,000 for clean cooking in Nigeria

December 10, 2014 |

In the Ivory Coast, the Sustainable Energy Fund for Africa (SEFA) approved a US $580,000 preparation grant for the expansion of Green Energy & Biofuels (GEB) Bio-refinery project in Nigeria. The project is a pilot of Small & Medium Entrepreneurship Fundamentals (SMEFunds), a social enterprise based in Lagos, and the first bio-energy cooking fuel production facility and distribution network in Nigeria.

Specifically, the SEFA grant will finance technical studies, business advisory services and a full environmental and social impact assessment in support of the scaling-up of SMEFunds/GEB operations, particularly the waste-to-ethanol cooking fuel production and distribution in Nigeria, to fully harness economies of scale. The expansion entails growing their biogel production capacity from 1,000 to 30,000 litres/day and ramping up the cookstove manufacturing supply chain four-fold over the next three years.

 

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