Private companies that promote clean cooking solutions in Tanzania will receive grants and technical assistance through the Tanzania Clean Cooking Project (TCCP).
The project is funded by the Swedish Government and implemented by the Africa Enterprise Challenge Fund (AECF).
Funding targets private sector companies that deliver affordable, quality clean cooking solutions that benefit low-income people in rural areas and towns across Tanzania.
Qualifying companies stand to get performance-based grants of between USD 50,000 and USD 400,000.
The Money will be awarded upon the achievement of mutually agreed milestones and technical assistance.
Reliance by low-income households on wood fuel for cooking has massive negative environmental and health impacts – hence providing clean cooking alternatives is imperative if we are to transition to a low-carbon economy. The Tanzania Clean Cooking Program seeks to surface innovative businesses that have the greatest potential to reach low-income households with affordable clean cooking solutions, and we are eager to see the positive social and economic impact of these companies over the next three years.Victoria Sabula – CEO of the AECF
Over 300,000 people to Benefit
“The purpose of this project is to de-risk the enterprises providing clean cooking solutions and offer incentives them to venture into new markets that are considered to have potential but are difficult to enter. By 2025, the project aims to distribute 60,000 clean cooking solutions and positively impact over 300,000 people across Tanzania.”Sandra Diesel – Head of Development Cooperation, Embassy of Sweden
New and cleaner opportunities for investments
“As women are disproportionately affected by indoor air pollution, I am glad that this new project targets the underserved consumers of clean cooking solutions who are currently using traditional cooking practices and will potentially lift them socially through the provision of affordable clean cooking solutions. Even more encouraging is that through this project, which utilizes a market-based approach there is a high potential to unlock additional investment from other development and private sector players.”Eng. Felchesmi Mramba, Permanent Secretary, Ministry of Energy in Tanzania
The TCCP project seeks to reduce energy poverty through the use of clean cooking solutions in rural, marginalized, and under-served communities.
Ultimately, the project will see increased private sector investment, innovation in affordable clean cooking solutions, and accelerated access to clean cooking solutions in Tanzania.
Africa Enterprise Challenge Fund (AECF) is an African development organization that funds innovative commercial businesses in the agribusiness, renewable energy and adaptation to climate change technology sectors.
It aims to reduce rural poverty, promote resilient communities and create jobs through private sector development.
AECF provides patient capital to highly innovative, early-stage and growing enterprises that are hidden gems, poised for greatness, but that struggle to access funding from traditional sources of finance.
Launched in 2008, the AECF has mobilized over USD 420 million, leveraged more than USD 771 million in matching capital, improved the lives of more than 30 million people, created, and sustained over 26,500 direct jobs.
More than 375 impact-focused Small and Medium Enterprises (SMEs) in 26 countries across sub-Saharan Africa have so far benefited.
About the Tanzania Clean Cooking Project (TCCP)
The Tanzania Clean Cooking Project (TCCP) supports transformational business models adapt to target
markets to accelerate access to affordable clean cooking solutions in rural and marginalized communities in urban and peri-urban areas across Tanzania.
The Tanzania Clean Cooking Program is a US$ 3.75 million, three-year program that aims to transform the clean cooking sector and enable access to clean cooking to more than 300,000 rural and marginalized households in Tanzania.
The project supports commercially viable small and growing clean cooking companies and supports innovative ideas that stimulate new approaches to increase affordability and access to clean and efficient cooking solutions.