Clean cooking for schools in Rwanda - BioMassters Ltd
CRM & Energy
Information
Company Description
Renewable energy company that is the largest pellet producer in Rwanda, working to replace charcoal cooking for private households, firewood cooking for schools and firewood heat energy for industrial customers. We work with European and Rwandan funders and Rwandan Ministries and assemble Tier4 (truly clean) cookstoves locally.
Countries of Operation
Rwanda
Ownership of Company
Local Company
Number of years since incorporated
6
Project Pitch
BioMassters has been working with MINEDUC for over 1 year now and an MoU in place to convert 250 schools in Rwanda, specifically in Kigali from firewood cooking to clean, smokeless pellet cooking. Current pilots at 7 schools have shown targets achieved to EU and WHO health regulations regarding cleanliness of the solution. Current running costs for schools are equal to or lower than current spend on firewood. Conversion costs are minimal at 3,000 Euros per pellet burner per retrofit as existing infrastructure and cookstoves can be used. BioMassters would be the implementing partner that installs, monitors and maintains the pellet burners and supplies pellets to the schools. The schools will continue to purchase cooking fuel (pellets) from their own budget.
Team
Experiences leadership team of Rwandans and foreigners, 50% women in senior leadership, 97% Rwandan employees
Type of Project
Governmental/Institutional project
Stage
Growth stage
Annual Revenue (in EUR)
2025: 250.000 - 500.000 EUR
2024: 100.000 - 250.000 EUR
2023: Prefer not to disclose
Number of employees
Total Project Cost (in EUR)
3,000,000
Financing needs (in EUR)
3,000,000
Type of financing needed
Debt, Equity
The Company is looking for
Financing, Technical assistance
Planned allocation of fundraising capital
Expansion (expanding an existing activity)