Corporate deal28 August 2026

Togo partners with three firms for $8.5 million clean cooking programme

Togo's Environment Ministry signed a Memorandum of Understanding with Valor Carbon, Valitera, and Arborify to secure $8.5 million from an unnamed US investment bank for a nationwide clean cooking programme. This initiative aims to deploy improved cookstoves across the country by 2032, potentially extending to 2037, building on a pilot that distributed 107,000 cookstoves in three regions. The programme seeks to reduce reliance on firewood and charcoal, mitigate deforestation, and cut emissions, linking clean energy deployment with carbon market financing. This expansion will accelerate the transition to cleaner household energy and create carbon market opportunities.

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