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Sector Directory

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Details

Countries Operating InNigeria
Organization TypeSmall or Medium Enterprise
Area of WorkCOOKSTOVE Distribution / Retail / Consumer FinanceFUEL Distribution / RetailFUEL Production / Processing

Organization

Algae Energy Ltd

Mission

Algae Energy Ltd. ("the Company") is a Nigerian registered corporation that will produce and distribute biogel and Clean Cook Stoves in large quantities. The cooking gel is made from sawdust, grass and waste paper. We advocate for user-friendly and safe green cook stove that is high quality performing and ecologically safe. This should provide significant health benefit to populaces dependent on dirty solid fuels.

Technologies & Fuels

Biomass (Ag. Residue, Processed Biomass, etc.), Ethanol / Alcohol

Clean Cooking Activities

Algae Energy Ltd. produces bio-gel that is compatible with Clean Cook Stove. The gel produced is cleaner than kerosene,coal and wood.It is ecologically safe and priced competitively. Our facility is located in Anambra State, Nigeria with a high yield production plant that can produce 10,000 gallons of bio-gel per day, with projected volumes ramping up to 40,000 gallons per day by mid-2016. Management is aware of the rapid death rate in the use of dirty fuels (especially in third world countries)as well as mounting ecological concerns and as a result wants to participate in finding a solution.

Partnership

Our participation creates benefit awareness on the use of Clean Cook stove as well as satisfy demand growth in the market place. We intend to assist youths, women and low income households in Africa transit from kerosene, charcoal and fire wood to a greener, cleaner and cheaper renewable energy alternative. We will achieve this via advocacy and technology development. We are currently establishing marketing network to assist us promote and sell our stoves.

Regions Operating In

Sub-Saharan Africa

Country Based In

United States

Address

PO Box 369

Islip, New York 11751

Primary Point of Contact

Name: Mr. Charles Malize

Title: Director

Email: charles@cmcapitalmarketresearch.com

Phone: 6314636274

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