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Mansego to invest its technology in Africa
Mansego to invest its technology in Africa in an effort to deliver cleaner and cheaper fuels to the continent
"Africa has abundant resources that it could utilize for efficient biofuel production to reduce its dependence on foreign fuel," Abdul Alimi, Mansego's Executive Director who gave the opening speech at the 2011 Sustainable Africa annual dinner held on August 18 in New York City said. "It is a big surprise that the continent is not leading the world in biofuels today. Over the past few years, there have been concerns over the production of biofuel particularly related to the impact on the availability and price of food, deforestation, energy balance and efficiency. Today, advancements in bioscience and technology have provided solutions to some of these problems."
Mansego is ready to start deploying its technology to help selected nations achieve its goals in biofuel production. To be successful, Mansego believes current production costs and production waste need to be brought down signficantly. This can be achieved by utilizing technologies that create efficiency as well as the implementation of mechanisms for replenishing the feedstock utilized during the production process to prevent impacts on food prices. The company believes this process would be implemented with a broader goal of improving local economies through job creation, electricity generation and many other value-added opportunities.
Mansego has kicked off a process of analyzing the current biofuel development state in selected African countries. This involves analyzing feedstock production potential for biofuel production with a consideration of protecting food availability and prices. The next step is the deployment of its technology which will include a comprehensive knowledge-transfer program in the regions in which Mansego will operate. This will ensure sustainable and advanced bottom-up biofuel production capabilities are introduced in these nations.