
Eco-Fuel Africa
Eco-fuel Africa empower communities in Africa to use tailor-made technology.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | N/A | Seed | |
Total Funding | 000k |
EcoFuel Africa operates in the renewable energy sector, focusing on transforming agricultural waste into clean, affordable cooking fuel. The company primarily serves low-income households and small businesses in Uganda, addressing the dual challenges of energy poverty and environmental degradation. EcoFuel Africa's business model revolves around collecting agricultural waste, converting it into eco-friendly charcoal briquettes, and selling these briquettes at competitive prices. The company generates revenue through direct sales of the briquettes and by offering franchise opportunities to local entrepreneurs, thereby creating green jobs and stimulating local economies. EcoFuel Africa's market includes environmentally conscious consumers and communities seeking sustainable energy solutions. The company leverages its innovative technology to provide a cost-effective alternative to traditional charcoal, reducing deforestation and carbon emissions.
Keywords: renewable energy, agricultural waste, clean fuel, cooking briquettes, Uganda, low-income households, small businesses, green jobs, environmental sustainability, energy poverty.