BURN, Kenya’s leading clean cooking appliance manufacturer, has secured a $15 million investment from the European Investment Bank (EIB). The funding targets the distribution of BURN’s ECOA Electric Induction Cooker throughout East Africa. This innovative cooking solution features a three-piece stainless steel cookware set manufactured entirely in Kenya.
The EIB investment enables BURN to expand its Pay-As-You-Cook payment system. This technology-enabled financing solution makes clean cooking accessible to households unable to make full upfront payments for the appliances. The program supports BURN’s mission to transition over one million low-income households to electric cooking powered by renewable energy grids.
Operating across nine countries, BURN employs more than 3,500 people and has successfully distributed over five million clean cookstoves throughout Africa.
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