Africa Go Green secures $10.7M debt facility for BioLite to scale clean cookstove distribution in Zambia

In a landmark transaction for climate finance in Africa, Africa Go Green (AGG), the specialized climate-focused debt fund managed by asset manager Cygnum Capital , has finalized a $10.7 million senior debt facility with social enterprise BioLite. The catalytic capital will directly finance the procurement and distribution of more than 160,000 high-efficiency, improved cookstoves across Zambia. Crucially, the deal establishes a milestone financing structure: the resulting carbon offsets generated