Modern Cooking Facility Implements Sustainable Solutions Across Africa
Portfolio | May 13, 2025 | Nordic Environment Finance Cor
The Modern Cooking Facility for Africa's 2024 Annual Results Report outlines significant progress in promoting clean cooking solutions in Sub-Saharan Africa. Sponsored by Nordic Environment Finance Corporation, the initiative plans to reach over 4 million people by 2029, establishing approximately 690,000 new clean cooking services. This effort is part of a broader strategy to improve access to sustainable and health-friendly cooking options, emphasizing the region's development in energy and environmental sustainability.
Sectors
- Clean Energy
- Environmental Sustainability
- Healthcare
Geography
- Sub-Saharan Africa – The geographic focus of the initiative is on Sub-Saharan Africa, where the project aims to implement clean cooking solutions.
- Nordic Region – The Nordic Environment Finance Corporation, which supports the project, is based in this region.
Industry
- Clean Energy – The article focuses on clean cooking solutions which fall under the broader category of clean energy initiatives addressing sustainable development goals.
- Environmental Sustainability – The initiative by the Modern Cooking Facility is geared towards enhancing environmental sustainability through cleaner cooking practices.
- Healthcare – Access to clean cooking solutions directly impacts public health by reducing pollution and improving air quality.
Financials
- 690,000 – The expected number of new clean cooking services to be established by 2029 as part of the initiative.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Modern Cooking Facility for Africa | Target Company | Company | The entity implementing the clean cooking solutions project across Sub-Saharan Africa. |
| Nordic Environment Finance Corporation | Private Equity Sponsor | Company | The private equity firm sponsoring the clean cooking initiative in Africa. |