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Kenya: BURN partners with EIB for USD 15 million financing


Kenyan eco-friendly cooking appliance manufacturer BURN has signed a USD 15 million loan agreement with the European Investment Bank (EIB). The financing will support the distribution of BURN’s ECOA electric induction cooker to homes across East Africa, providing a cleaner and safer cooking alternative. Founded in 2011 and headquartered in Nairobi, the company employs over 3,500 people and is committed to sustainable cooking solutions in Africa.

Source: Africa News Agency