Sabela Capital Facilitates Capital Raising for Mkomazi Alienfuel
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Sabela Capital Facilitates Capital Raising for Mkomazi Alienfuel, Advancing Sustainable Energy Solutions
Sabela Capital is pleased to announce its role in raising capital for the development of Mkomazi Alienfuel (MAF), a pioneering joint venture between AFG and Sappi Saiccor. This partnership is strategically designed to manage Sappi Saiccor’s waste streams, adding value and generating employment opportunities within the local community.
Mkomazi Alienfuel provides Sappi with an auditable, sustainable solution that supports their transition from fossil fuels, contributing significantly to a greener future.
Current Monthly Targets:
- Waste Mitigated: 4,750 Tonnes
- Water Recycled: 1,230,000 Litres
- Alien Fuel® Created: 3,000 Tonnes
- CO2 Mitigated: 5,400 Tonnes
- And Growing…
By converting Sappi’s FSC-certified waste from their production processes into a valuable, carbon-neutral fuel source, this AFG-Sappi joint venture exemplifies a commitment to environmental responsibility. The initiative aligns seamlessly with both Sappi and AFG’s dedication to sustainability.
Sabela Capital’s expertise in capital mobilization has been instrumental in the successful development of this facility, underscoring our commitment to fostering innovative solutions that drive environmental and economic progress. Through this strategic partnership, Sabela Capital continues to contribute to the creation of sustainable energy solutions that benefit both the environment and the communities we serve.
