According to Her Excellency, Emmanuelle Blatmann, Ambassador of France to Nigeria :
- “This project is another team Europe initiative here in Nigeria important to France because it symbolizes our support to Nigeria in various areas including in particular the fight against climate change, the access to clean and affordable cooking solution”.
Sustainable cooking – The Powerstove Project
The Powerstove company was founded in 2018. In a few months, the new factory in Abuja will enable Powerstove to produce 25,000 cooking stoves and 400 tons of biomass pellets per month. The advantage is that these innovative stoves do not emit smoke and burn about 70% less biomass than the cooking solutions traditionally used, representing a major step in the company's development and access to clean cooking in Nigeria. They also produce electricity, which can be stored in a battery or used directly to charge small appliances.
- "In Nigeria, low-income families spend more than 25% of their earnings on fuel for cooking and lighting, and suffer from health problems due to the smoke emitted during cooking. With the support of AFD, we are able to increase our clean-cooking solution for Nigerian households. In addition, the monetization of carbon credits will generate additional income for these families, contributing to the improvement of their livelihood” said Okey Esse, CEO and Project Leader at Powerstove.
Powerstove is one of the ten winning start-ups of the Digital Energy Challenge 2021, which awards projects that promote innovation and digitalisation in the energy sector. The Digital Energy Challenge is one of the four pillars of the Digital Energy Facility, a program funded by the European Commission and implemented by the AFD. Mr. Mahamadou Diarra, Deputy Director of AFD in Nigeria, in his statement, said :
- "AFD is pleased to support this project led by a dynamic Nigerian actor committed to the climate, economic and social development with a focus on women and youths".
As part of the Digital Energy Challenge, Powerstove is developing carbon credit monetisation and a payment system (save-to-own) that will make it easier for low-income families to obtain a clean-cooking stove. The project also includes the development of the Powerstove Academy, a training platform for the company's employees in Nigeria, Kenya and Zimbabwe. Finally, thanks to Digital Energy Challenge, Powerstove will acquire mobile kiosks to sell its products in new areas of Nigeria.