- The UNCDF is providing funding to Bboxx to deploy its clean cooking solution in the Democratic Republic of Congo (DRC).
- The company will partner with the UNCDF to deploy LPG (liquefied petroleum gas) cookers in select provinces.
- The World Bank estimates that the lack of clean cooking services leads to an income loss of $2.4 trillion annually.
The United Nations Capital Development Fund (UNCDF) is providing US$500,000 in funding to the British company Bboxx to deploy its clean cooking solution in several provinces of the Democratic Republic of Congo (DRC), including Goma Bukavu and Lubumbashi.
British clean energy company, Bboxx has signed a partnership with the United Nations Capital Development Fund (UNCDF) to deploy its energy access solutions in the Democratic Republic of Congo (DRC). The company will receive a loan and a grant totalling $500,000 from the UNCDF to distribute environmentally friendly cookers.
The company will partner with the UNCDF to deploy LPG (liquefied petroleum gas) cookers in the provinces of Goma, Bukavu and Lubumbashi with little access to clean cooking.
Read also: 46 Health Facilities to Receive Solar Power in D.R.C.
Bboxx noted that “the UNCDF funding is a significant boost to our clean cooking business. It is a relevant element in the development of our financing structure, as it complements the grant we received late last year from the US Agency for International Development (USAID) to expand our clean cooking technology.”
Bboxx hopes that this partnership would increase global awareness and the adoption of cleaner cooking options. The World Bank estimates that the lack of clean cooking opportunities leads to an income loss of $2.4 trillion annually. It also leads to huge environmental losses as the production of charcoal in Africa cities is one of the major causes of deforestation. According to estimates from the United Nations Development Programme (UNDP), the health and safety hazards associated with unsafe cooking are responsible for about 500,000 premature deaths per year in sub-Saharan Africa.