CleanStar highlighted in Bank of America Merrill Lynch campaign
CleanStar's work in Mozambique has been highlighted in an international ad campaign launched by Bank of America Merrill Lynch this month. The campaign couples recent footage from operations in Mozambique with greater background into the carbon finance agreement made between the Bank and CleanStar.
CleanStar to keynote at Global BoP Network Summit in Brazil
CleanStar will deliver the keynote address at the BoP Global Network Summit at Natura's corporate headquarters in Sao Paulo, Brazil on 7 November, 2013. The summit is being convened by Cornell Professor Emeritus Stuart Hart and will bring together BoP business incubators, investors and corporations from around the world.
CleanStar Helps Launch ICRAF-IFAD Sustainable Biofuel Program
CleanStar was invited by the World Agroforesty Centre to share its experience with private sector investment in smallholder-based food and bioenergy production.
This new program is supported by the European Union and IFAD (the International Fund for Agriculture Development) and seeks to analyze, document and scale up pro-poor bioenergy production systems around the world.
UK Deputy PM Nick Clegg Visits CleanStar customer in Mozambique
As part of his African tour, Deputy PM Nick Clegg visited CleanStar's retail network in Maputo and the home of an early cookstove customer.
Soros and IFU Invest $9m in Urban Cooking Venture in Mozambique
The Soros Economic Development Fund and the Industrialization Fund for Developing Countries announced today investments of nearly $9 million in CleanStar Mozambique, with the option to invest more in potential pan-African expansion.
“CleanStar Mozambique has found a commercial and scalable way to alleviate poverty in Africa,” said Stewart Paperin, president of the Soros Economic Development Fund. “This venture creates jobs, increases food security, and has sustainable environmental benefits. We’d like to see the charcoal replacement business operate successfully in dozens of countries throughout the continent.”
“Our team has seen this venture move from concept into implementation in record time,” said Finn Jonck, IFU’s Managing Director. “We are delighted to now come on board.”
CleanStar receives "Bioenergy Finance Deal of the Year" award
Environmental Finance magazine today awarded CleanStar Mozambique the "Bioenergy Finance Deal of the Year" award for its innovative financing agreement with Bank of America Merrill Lynch.
CleanStar receives "Screw Business As Usual" award from Sir Richard Branson at Rio+20
CleanStar Mozambique received the “Screw Business As Usual Award” from Sir Richard for its breakthrough innovations in sustainable energy delivery. CleanStar was nominated for the award by the UN Foundation.
CleanStar Mozambique in FT / IFC Sustainable Finance Awards
CleanStar and Bank of America Merrill Lynch today received a Special Commendation in the "Sustainable Investment of the Year" category at the 2012 Financial Times / IFC Sustainable Finance Awards.
Bank of America Merrill Lynch provides carbon finance to CleanStar clean cooking venture in Africa
Bank of America Merrill Lynch (BAML) and CleanStar announce a multimillion dollar Certified Emissions Reduction agreement.