TechMoran.com
BURN, Kenya’s clean cooking appliance manufacturer, distributor, and carbon project developer, has secured $15 million from the European Investment Bank (EIB) to fund the distribution of BURN’s ECOA Electric Induction cooker to households across the East African region and launch a Pay-As-You-Cook payment offering. The US$15 million debt investment from EIB Global…
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BURN raises $15 million from EIB to launch a Pay-As-You-Cook payment offering
Sam Wakoba
12:21
BURN, Kenya’s clean cooking appliance manufacturer, distributor, and carbon project developer, has secured $15 million from the European Investment Bank (EIB) to fund the distribution of BURN’s ECOA Electric Induction cooker to households across the East African region and launch a Pay-As-You-Cook payment offering. The US$15 million debt investment from EIB Global…