http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.20Change: 0.17
R/$ = 11.58Change: 0.07
Au 1198.59 $/ozChange: 4.13
Pt 1200.50 $/ozChange: 3.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 19, 2012

$9m boost for Mozambique ethanol cooking venture

Back
Maputo|SECURITY|Africa|CleanStar Mozambique|Security|Africa|Mozambique|USD|Security|Ethanol-fired Stoves|Food Security|Nutritious Staple Food Crops|Products|Retail Infrastructure|Security|Environmental|Infrastructure|Security|Stewart Paperin
SECURITY|Africa|Security|Africa|||Security|Products|Security|Environmental|Infrastructure|Security|
maputo|security|africa-company|cleanstar-mozambique|security-company|africa|mozambique|usd|security-facility|ethanol-fired-stoves|food-security|nutritious-staple-food-crops|products|retail-infrastructure|security-industry-term|environmental|infrastructure|security-person|stewart-paperin
© Reuse this



To increase food security in Africa and stem the human and environmental costs of indoor cooking with charcoal, the Soros Economic Development Fund (SEDF) and the Industrialisation Fund for Developing Countries (IFU) would invest nearly $9-million in cooking fuel company CleanStar Mozambique to help distribute its ethanol-fired stoves.

The new investment would create 1 000 jobs in Mozambique by late 2014 and would substantially improve the incomes of smallholder farmers.

CleanStar Mozambique will be able to support 2 000 smallholder farming families to increase production of nutritious staple food crops and surplus cassava, with the latter being used to make ethanol-based cooking fuel.

"CleanStar Mozambique has found a commercial and scalable way to alleviate poverty in Africa," said SEDF president Stewart Paperin. "We would like to see the charcoal replacement business operate successfully in dozens of countries throughout the continent."

With over $10-billion spent yearly on charcoal-based cooking across the continent, CleanStar's business model is likely to be feasible in over 40 major African cities.

The investment would also help the company expand its cooking fuel distribution and retail infrastructure to reach 80 000 customers in Maputo by late 2014.

Each ethanol cook stove would enable net greenhouse-gas emissions reductions of approximately eight tons of carbon dioxide-equivalent a year versus a traditional charcoal stove. Taken to scale, this business would significantly reduce harmful emissions that contribute to climate change.

CleanStar Mozambique works with farmers to grow a variety of crops that it processes into food and cooking fuel products for sale in local markets.

The company provides the farmers with improved planting materials and technical assistance and then purchases whatever food products the families themselves do not consume at rural agricultural centers based around the company's first integrated processing plant in Dondo.

Surplus cassava is converted to ethanol-based cooking fuel, flour and chicken feed, while surplus beans, sorghum, pulses and soya are processed into packaged food products for sale in Mozambique's cities.

The cooking fuel is bottled and sold along with modern cook stoves to low-income households in Maputo through the company's own network of branded retail outlets.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 52 minutes ago Ailing German engineering and services company Bilfinger SE has agreed to sell most of its construction division to Swiss building giant Implenia as it seeks to focus on more lucrative industrial services. Bilfinger – which has issued four profit warnings this year,...
China appears to have been routinely underestimating output from its sprawling steel sector, with official figures for last year alone 40-million tonnes below a key industry estimate - an amount equivalent to Germany's entire annual production. Beijing has vowed to...
Lumwana, Zambia
Canada’s Barrick Gold Corp will suspend operations at its Lumwana copper mine, in Zambia’s Northwestern province, after the country enacted legislation that raised the royalty rate on openpit mining operations from 6% to 20%. TSX- and NYSE-listed Barrick, the world’s...
More
 
 
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
 
 
 
 
 
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
TO BE PHASED INTO SERVICE The first MeerKAT dish, with another 63 to come
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
MATT BARKER Wireless networks should enable users to engage and must provide relevant information to them based on their activity and location
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks