Close Secures Ksh 1.2 Billion to Scale up Biogas Adoption in Kenya Secures Ksh 1.2 Billion to Scale up Biogas Adoption in Kenya

Social enterprise firm, the largest biogas company in Africa, has announced plans to impact 100,000 farmers in Kenya with biodigester technology over the next three years.

The move comes following the closure of Serie A Investment round worth KShs 1.2 billion to drive Kenya growth. The round was led by international investors ENGIE RDE, EU Electrifi Fund, AlphaMundi, Triodos-Hivos Fund, Dila Capital, EcoEnterprises and other impact and commercial investors. Co-Founder and CEO, Alex Eaton noted that Kenya’s focus on food security within the Big Four Agenda creates great opportunities for agricultural investments and clean energy.

“ is assembling the bioidigester technology locally, creating employment opportunities for
hundreds of Kenyans, while educating farmers on the use of organic fertilizers in their farms, directly supporting the SDGs and the Big Four Agenda” said Alex.

With the concerns of rising fuel costs, customers are looking to green energy. This reduces carbon emissions and promotes recycling of waste amongst farmers. Kenya aims to reduce its greenhouse gas emissions by 30 percent by 2030, in line with its commitment to achieving the Sustainable Development Goals.

In a country that is heavily reliant on agriculture, its 2018 to 2022 action plan identifies the rise in global temperatures as a major threat to poverty reduction and sustainable development.

The awareness by farmers on the effects of global warming has driven an upsurge in demand for the technology.

In 2017 the Kenya office secured financing from the Kenya Climate Ventures, Factor[e] and the Shell Foundation to start up its Kenya operations. Commercial Director Cedrick Todwell noted that since its launch the company has been able to positively improve the livelihoods of thousands of Kenyan farmers in 5 counties.

“Globally, East Africa represents our fastest growing market. In the last one and a half years of operations in East Africa, Kenya changed the lives of over 12,000 farmers in Meru, Kiambu, Kericho, Bomet and Eldoret,” said Cedrick.

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