Allgreen Energy Pledges $10bn for Nigeria’s 80 Million Clean Cookstoves Project
Nigeria is poised for one of the world’s largest clean cooking transitions after Greenplinth Africa and Allgreen Energy NV signed a major manufacturing agreement backed by a $10 billion investment commitment.
The deal, signed on April 28, 2026, in Lagos, will deliver the first 24 million highly efficient clean cookstoves as the initial tranche of the ambitious 80 Million Clean Cookstoves Project. The stoves are slated for free distribution to low-income households, particularly women and rural families who rely heavily on traditional firewood and biomass.
Greenplinth Africa, the lead organization behind the UNFCCC-registered initiative launched in 2023, aims to roll out all 80 million units by 2030. The project seeks to slash traditional fuelwood consumption by over 80%, dramatically cutting indoor air pollution, deforestation, and greenhouse gas emissions while promoting a circular economy model that includes large-scale tree planting.
Dr. Olawale Akinwumi, President and Group CEO of Greenplinth Africa, described the agreement as a transformative step. Allgreen Energy NV and its partners pledged the $10 billion investment over the next 18 months to support manufacturing, distribution, and related infrastructure.
Health, Environmental, and Economic Impact
The initiative addresses a critical crisis: over 175 million Nigerians still depend on polluting biomass for cooking, contributing to hundreds of thousands of premature deaths annually from household air pollution—disproportionately affecting women and children through respiratory diseases. Nigeria ranks among the highest globally for such deaths, with estimates linking dirty cooking fuels to significant child pneumonia cases and broader health burdens.
Environmentally, the project promises sharp reductions in emissions and deforestation pressure. It also incorporates commitments for recipients to plant seedlings, targeting up to 4 billion trees nationwide. Beyond health and climate gains, the rollout is expected to create millions of jobs in manufacturing, logistics, distribution, training, and maintenance, while opening doors to substantial carbon credit revenues—potentially up to $5 billion annually for Nigeria.
The 80 Million Clean Cookstoves Project, supported by partners including carbon measurement firms, positions Nigeria as a leader in scalable clean cooking solutions across Africa. Full implementation could prevent hundreds of thousands of premature deaths over decades and foster long-term sustainable development.
Distribution is expected to accelerate following the initial 24 million units, with pilots already demonstrating impact in states like Lagos. Stakeholders view this public-private partnership as a bold blueprint combining health protection, environmental restoration, economic empowerment, and climate action in one integrated effort.
