Supamoto secures €4m investment
Published On August 26, 2024 » 344 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
EMERGING cooking solutions group also known as Supamoto has secured a four million Euros investment to increase the production of its climate friendly cooking stoves as well as pellets and broaden the customer base.
Supamoto group is a Swedish-Zambian company, which manufactures and supplies eco-friendly cooking stoves and pellets in a bid to reduce the heavy reliance on charcoal thereby helping to conserve forests.
The group’s chief operations officer, Mathias Ohlson said the firm had recently crossed the final investment committee for the four million Euros investment and that only a few modalities remained to be ironed out.
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