KawiSafi Ventures leads Sh1.7bn investment in biogas company

Sistema.bio Managing Director for Kenya Esther Altorfer during a 2019 clean cooking summit. FILE PHOTO | NMG

Kenya-based fund manager KawiSafi Ventures has joined other firms to invest $15.6 million (Sh1.7 billion) in biogas equipment firm Sistema.bio to fuel its expansion.

KawiSafi has since 2016 invested in several leading companies driving transition to clean energy sources across the continent.

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