Nenu Engineering is a social enterprise that aims to tackle the issue of inefficient and polluting cooking solutions in Africa. The company produces and distributes energy-saving cook stoves that emit 60% less toxic smoke and consume 65% less charcoal. Over the course of 4 years, Nenu has successfully distributed more than 45,000 of these stoves in Nigeria through a network of distributors and retailers, all achieved through bootstrapping. The company's focus on utilizing locally sourced materials and a vertically integrated approach has allowed them to offer these stoves at an affordable price range of $16 to $23. At present, Nenu is seeking 1 million Euros to expand its production and distribution efforts, aiming to reach 600,000 households. The company anticipates achieving financial sustainability within 12 months. Nenu Engineering operates within the Clean Energy sector, addressing a critical need in Nigeria and potentially beyond.
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