Cameroon - DESEC-OO: healthier solution for household fuel thanks to vegetable waste

Already collected € 10.000
Searched budget € 10.000
Origin
SusTech4Africa Diaspora Belgiƫ 2020
Location
Kameroen, Bertoua
Theme
Energie
Repayment period
3 years (2021-2024)
Project duration
2021
DESEC-OO: a healthier solution for household fuel thanks to vegetable waste
DESEC-OO: a healthier solution for household fuel thanks to vegetable waste

The company
In 2020, Filip Maenhout, a Belgian who has been living in Cameroon for years, founded DESEC-OO. Short for "Development Social Enterprise Cameroon - Organic Output". The goal: to produce ecological charcoal ("biochar") from organic waste. That way, households have access to a healthy household fuel.

Biochar is produced in Bertoua and sold in northern Cameroon.
 

The business project

DESEC-OO wants to convert biodegradable vegetable waste into biochar. Therefore, the company wants to purchase 6 ovens, each capable of producing up to 250 kg of biochar daily. In 3 years, DESEC-OO wants to produce 400 tons annually.

After production, the biochar will be dried, formed into briquettes and packaged in paper bags.

This should generate an annual turnover of €102,000 and create 15 to 20 jobs.
 

Why OVO believes in this project

DESEC-OO not only meets numerous SDGs, it also has other assets. It’s a well thought out project, the management team

Is very experienced and there is a high demand for biochar. Moreover, the project reconciles profitability with social

impact and environmental care.

Investment Requested

DESEC-OO seeks a loan of €10,000 at 7% for the purchase of basic equipment and the first oven. OVO also wants to finance – under certain conditions - the five following ovens (€5,000 each). The repayment is spread over a period of 3 years, with a first payment after 18 months.
 

Statement

The Cameroonian government supports projects such as DESEC-OO: it combats illegal logging and desertification and at the same time makes up for the shortage of fuel for domestic use.
 

Project details:

Origin: Sustech4Africa Diaspora 2020

Offered through: the call

Location: Bertoua, Cameroon

Theme: Energy

Repayment duration: 3 years (2021-2024)
 

Keywords :

. Reliable and sustainable energy

. Improvement of the environment

. Fighting hunger

. Employment with gender equality .
 

SDG’s : 1, 2, 3, 5, 7 and 1