Sep 19, 2012
$9m boost for Mozambique ethanol cooking ventureBack
Maputo|SECURITY|Africa|CleanStar Mozambique|Gas|Security|Africa|Mozambique|USD|Security|Ethanol-fired Stoves|Food Security|Nutritious Staple Food Crops|Products|Retail Infrastructure|Security|Environmental|Infrastructure|Security|Stewart Paperin
© Reuse this
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
Other Agriculture News
Updated 40 minutes ago The future changes constantly. Where it once favoured the car over the horse, then the introduction of new, fuel-efficient, low-emission engines, it is now inhabited by the self-driving car and truck. In fact, the debate around self-driving vehicles, or autonomous...
Recent Research Reports
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.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...