A new agreement has been signed between the Modern Cooking Facility for Africa (MCFA) and an electric cooking provider in Tanzania to support the scale-up of electric cooking services for households in urban and peri-urban areas of the country. The agreement has been signed with Sayari Safi Limited, which operates locally as UpEnergy Tanzania.
In addition to Tanzania, the UpEnergy Group has operations in the DRC, Malawi, Mozambique, Nigeria, Ghana, Uganda and Zambia. The EUR 2 million of results-based financing to be provided from MCFA will mobilise additional co-financing, at least doubling the total capital invested by the end of the project implementation.
This investment will make e-cooking more affordable and accessible for thousands of Tanzanian households and further support the clean energy transition in the country.
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