BURN officially launches operations in Nigeria, accelerating access to clean cooking appliances

Lagos, Nigeria – 10 May 2024

• BURN, the world’s leading clean cookstove manufacturer, distributor, and carbon project developer, has announced the launch of its first assembly plant in Kano, Nigeria. This facility will revolutionize access to affordable clean cooking appliances for households in the country.

BURN has been in the Nigerian market since 2018, selling 450,000 super fuel-efficient biomass and LPG cooking appliances, and impacting over 23.1 million lives. The company employs over 700 people (~200 in manufacturing and ~500 in sales and distribution) with 50% being women.

The company’s 3,700 m2 factory in Kano currently produces 40,000 cooking appliances per month, with the capacity to produce 100,000 units per month. BURN intends to increase this to 1 million units per month in 2025.

Etulan Ikpoki, Country Manager Nigeria said: “We are excited to announce this expansion, reinforcing our commitment to growing our operations in Nigeria. By the end of the year, we will be producing 100,000 units per month to meet the rising demand for clean cooking solutions in the country “.

BURN leverages carbon financing to make its clean cooking appliances accessible to households across the continent by subsidizing the cost of stoves by 60-100%. In the last 18 months, the company has provided approximately $60 million in discounts through carbon credits, enabling families to access a $40 life-saving stove at $5.

“To date, we have delivered $15 million in discounts to Nigerian households through carbon credit finance”, added Etulan.

Since its inception in 2011, BURN has manufactured and distributed over 4.5 million clean cookstoves, transforming the lives of ~25.1 million people and preventing ~21.7 million tons of CO2 from entering the atmosphere.

BURN’s goal is to bring its ECOA range of fuel-efficient appliances that include biomass, LPG, ethanol, electric, and cookware to every household in Nigeria.

ABOUT BURN

Founded in 2011, BURN was created to save forests by revolutionizing the cookstove sector. BURN has been in the Nigerian market for the past five years and has since sold 320,000 units of its world-leading fuel-efficient wood and charcoal cooking appliances, impacting over 1.4 million lives. While traditional, inefficient cookstoves can bankrupt families, damage their health, and destroy forests, BURN’s best-in-class stoves can save families money on fuel, limit indoor air pollution, and protect forests. BURN is now the world’s leading clean cooking company and one of the only carbon project developers to cover the full carbon value chain, from project design and in-house monitoring to credit issuance. The company currently employs over 700 people, with 50% being women.

BURN’s 3,700 m2 factory in Kano currently produces 35,000 cooking appliances per month, with the capacity to produce 100,000 units per month. BURN intends to increase this to 1 million units per month in 2025.