BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has secured a US $5 million investment from ElectriFI—the EU-funded Electrification Financing Initiative managed by EDFI Management Company—to accelerate its electric cooking expansion across Kenya .
The funding will enable more than 100,000 Kenyan households to adopt BURN’s innovative ECOA Induction Cooker, complete with IoT integration and a Pay-As-You-Cook model. This affordability-focused solution reduces reliance on charcoal and LPG, cutting household fuel bills significantly. Over its lifetime, the initiative is expected to avoid 1.4 million tons of CO₂ emissions.
BURN’s ECOA cooker comes with embedded IoT and mobile-microfinance tech, enabling customers to pay small, manageable installments via mobile money. This pay-as-you-go approach makes electric cooking financially accessible for low-income families, with full ownership typically achieved within a year.
Kenya’s electricity grid is more than 90% renewable, yet over 15 million households continue using polluting fuels. According to BURN’s CEO Peter Scott, this investment is pivotal in closing that energy gap. Beyond household savings, the shift to electric cooking promises dramatic health and environmental benefits by reducing indoor air pollution and deforestation.
Rodrigo Madrazo, CEO of EDFI, emphasized that such catalytic financing supports not only sustainable development but also local economic empowerment:
“Access to clean and affordable cooking solutions is essential for sustainable development… strengthens local economies by creating manufacturing and distribution jobs…”
This aligns with EU climate ambitions and underscores the role of development finance in scaling private-sector clean energy in emerging markets.
This round supplements past investments from the European Investment Bank and other carbon-finance channels. BURN’s portfolio—spanning biomass, LPG, and electric cookstoves—has reached over 5 million distributed units. The ECOA induction cooker is its next big push, now fortified by ElectriFI’s capital.
The US $5 million funding from ElectriFI marks a major step for BURN in Kenya, combining smart financing with cutting-edge clean-tech to facilitate widespread adoption of electric cooking. With over 100,000 homes set to benefit, this initiative highlights how innovation and catalytic investment can deliver impactful, scalable climate and health solutions in Africa.
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