This $237,500 Project Grant was awarded on December 20, 2024 by the U.S. International Development Finance Corporation (DFC) under the Technical Assistance and Feasibility Studies program (CFDA 87.101). The grant provides pre-investment technical assistance to support feasibility studies for the establishment of new biochar manufacturing facilities in Kenya. The funding will be used to assess the commercial viability and development impact of deploying biochar production capacity in the region, with the ultimate completion date set for January 30, 2026. The grant was awarded to Miscellaneous Foreign Awardees, a for-profit organization registered in the U.S. This funding aligns with the DFC's mission to partner with the private sector to finance solutions addressing critical challenges in the developing world, with a focus on areas such as energy, infrastructure, and environmental conservation.
Generated 3/4/25, 4:56 AM