From Firewood to Fortune: Nigeria's Clean Cooking Revolution Creates $5 Billion Investment Opportunity for Diaspora
By I-STRATA Editorial
As Nigeria targets 80 million clean cookstoves, diaspora investors are discovering a profitable way to reduce emissions, save lives, and build wealth through carbon finance and local manufacturing.
Over 80,300 Nigerians die every year from smoke inhalation caused by cooking over firewood and charcoal. In rural villages and urban slums alike, women spend hours tending open fires that poison the air their families breathe. Yet this crisis has become an unexpected opportunity—one that is attracting diaspora investors, international capital, and government backing.In February 2026, BURN, the world’s leading clean cookstove company, announced a major expansion in Nigeria. The company, which ...
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