EcoSafi Issue 1: 8.0% Bond

Ecosafi aims to raise £300,000 from this bond issue and will use the funds to manufacture and distribute 4,932 Clean Cookstoves and sustainable fuel pellets, helping people to move away from charcoal for cooking.

5%
£300,000
Raised
£16,330
Investors
30
Days to run
59

Investing in a Low Carbon, Healthier Way of Cooking

EcoSafi is on a mission to transform the market for cooking appliances in Kenya, where millions of families still cook using charcoal, firewood or other traditional fuels. EcoSafi is reimagining clean cooking as a utility, giving families access to ultra-clean biomass cookstoves paired with sustainable fuel pellets made from agricultural waste, replacing charcoal entirely. Customers pay only for clean biomass pellets, which cost significantly less than charcoal or LPG while providing hotter, faster and cleaner performance. Clean cookstove users also enjoy improved health by avoiding exposure to smoke from charcoal stoves.

Clean Cooking Access

Provide 4,932 families with clean cookstoves leading to, lower fuel costs and improved health.

37,673 tonnes

of CO2 saved over the lifetime of the cookstoves

61 Hours

Of time saved by each household annually

£310,741 in Savings

For the total households funded by this bond, over 5 years.

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About EcoSafi

  • Directors name(s): Jordyan , Woodley CEO

  • Founded: 2020

  • Registered in Kenya, part of the larger Ecosafi Group with offices in Delaware, Uganda and Zambia

  • A clean-cooking company that provides households in Africa with affordable, low-emission cooking solutions

  • Achieved global recognition for issuing Africa’s first Gold Standard metered clean-cooking carbon credits and earning top-tier independent ratings for the quality and integrity of its carbon credits.

  • A mission-driven business tackling climate and health challenges by scaling clean-cooking solutions in Africa

What the project investment will enable

Funds raised through the EcoSafi bond offer will enable the manufacture and distribution of nearly 20,000 high-efficiency clean cookstoves in Kenya, alongside the purchase and distribution of sustainable biomass pellet fuel. The funding also supports essential shipping, in-country logistics and operational delivery, ensuring households can adopt cleaner cooking at scale. 

Over the life of the project, EcoSafi plans to deliver 19,720 clean cookstoves, representing a capital investment of more than £1.2 million. Each stove replaces traditional charcoal or wood cooking with a cleaner, more efficient alternative, with the upfront cost absorbed by EcoSafi and recovered over time through the generation of high-integrity carbon credits. 

The impact is transformative. Households benefit from lower fuel costs and improved health due to reduced indoor air pollution, while the environment benefits from significant carbon emissions reductions and avoided deforestation through reduced demand for charcoal. These verified carbon savings underpin EcoSafi’s climate impact and long-term financial sustainability. 

The project is expected to run at a loss during the bond term, reflecting the time required to generate carbon credits at scale. Bond repayment will be made from a MCFA grant, allowing EcoSafi to focus on delivering long-term social, environmental and climate outcomes.
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Key product info

Issuer: Better Cooking Company Limited (EcoSafi)

Issuing Country: Kenya

Investment target: £300,000

Minimum investment: £50

Maximum investment: No maximum

Maturity: 24 months

Expected interest rate: 8% per annum

Withholding tax rate: 15% (applicable to UK residents who do not invest within an IF ISA)

Interest payment frequency: Semi-annually - beginning 12 months after the issue date.

Capital repayment: Semi-annually beginning 12 months after the issue date.

Financial Instrument: Promissory Note / Interest Bearing Bond

Security: Secured (see details in the Offer Document)

Meet the EcoSafi team

EcoSafi is a clean-cooking venture in Africa which turns biomass waste into valuable fuel. Customers receive their proprietary, efficient gasification stove free of charge, then buy locally made pellet fuel from agricultural waste at a price that is 40–70% cheaper than charcoal or LPG.

Jordyan Woodley

Jordyan Woodley

Based in Nairobi, Jordyan has founded several businesses and worked for two African-focused investment funds, 4G Capital and Infraco.

Matt King

Matt King

Formerly at the World Bank for 9 years, Matt managed $650m in capital across four carbon finance trust funds.

Jason Shure

Jason Shure

Jason has over two decades of experience in financial management and control, including ten years at the Institute for New Economic Thinking (INET) in New York.

Risks

This is a bond issued by a single company (rather than a saving product) and therefore it is recommended that you are careful with the amount you invest. 

You must read the offer document (provided below) where a statement of risks is presented, particularly in section 8 – Risk Analysis Overview 

This page has been approved by Share In Ltd (“ShareIn”) (FRN 603332) on 30/04/2026 as a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 (as amended). ShareIn’s approval of this page is limited to the communication of it by Lendahand Ethex Ltd (FRN 776908) as an appointed representative of ShareIn.

Documents

EA EcoSafi Offer Document

Offer Documents

Download document