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Originally published by Capital Businessbusiness
June 23, 2025
5mo ago
BURN gets Sh10.4bn from TDB Group for clean cooking expansion
NAIROBI, Kenya, June 24 – Kenya-based clean cookstove manufacturer BURN has secured a Sh10.4 billion financing package from the Trade and Development Bank Kenya breaking news | Kenya news today |..
✨ Key Highlights
BURN, a Kenya-based clean cookstove manufacturer, has secured a financing package of Sh10.4 billion from the Trade and Development Bank (TDB) Group for expanding access to clean cooking solutions in Mozambique, Democratic Republic of Congo (DRC), and Zambia.
- The financing includes a mix of debt and results-based funding, targeting 430,000 households.
- The initiative is a part of TDB’s ASCENT Platform, launched in collaboration with the World Bank.
- BURN's deployment will offer eco-friendly cookstoves, potentially preventing 3 million tonnes of COâ‚‚ emissions and benefiting over 2.1 million people.
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