Modcoal

Modcoal produces briquettes for customers using crop residues

Pitch

INTRODUCTION
Modcoal is a biofuel start up business located in Tamale, Northern Region. The company was co-founded in July 2020 with the intention to provide briquettes as alternative and sustainable source of cooking fuel for households, Institutions, B2B that use fuel wood and charcoal for cooking and heating. 78% of Ghana’s population depends on charcoal and wood for cooking and heating. The nation has lost about 80% of its vegetative cover (Ghana Maternal Health Survey, 2017, Forestry Commission of Ghana, 2020)

The Deal

We will sell briquettes at GHC 2,000.00/tonne (USD 346.030) to individual households, B2B and institutions, while fighting deforestation and CO2 emissions.

The Dream

The founder and team’s dream is to produce briquettes as alternative and sustainable source of cooking fuel for households, institutions, B2B and organizations that use fuel wood and charcoal for cooking and heating. This we do through zero deforestation, less Co2 emissions, jobs creation
Customer

Quick facts

  • 2021 Participant
    Year of participation
  • Circular Economy
    Theme
  • Ghana
    Country
  • 5
    Teamsize

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Team

  • Matthew Baba Nanpuan Is The CEO And Co-founder Of Modoal. Mr. Matthew Manages The Company's Vision And Plays A Direct Role In Collaborating With Other Businesses/clients. He Is In His Final Year Master Of Commerce With University For Development Studies, Tamale Ghana, Where He Previously Obtained His BSc Agricultural Science In 2013. Email: Mbnanpuan@gmail.com Wilson Ofori Sarkodie Is The CTO And Co-founder Of Modcoal. He Plays An Important Role In Designing Efficient Technologies For Production. He Is Currently Pursuing A PhD In Sustainable Energy Management With The University For Energy And Natural Resources, Ghana And Also A Lecturer With The Technical University Of Cape Coast, Ghana. Email: Wilsonoforisarkodie02@yahoo.com Lydia Madintin Konlan Is In Charge Of Marketing And Sales Of Modcoal. She Leads Discussions On Matters Of Marketing And Customers Relations. She Holds MSc In International Agribusiness And Rural Development Economics From The University Of Gottingen, Germany. Email: Lydiakonlan22@gmail.com Dominic Ndela Ngagmayan Is A Co-founder And Operations Manager Of Modcoal. He Takes Charge Of All The Processes Of Production Till The Final Product Id Produced. He Is A Final Year Student Of Mphil Agronomy (Plant Pathology) From The University For Development Studies, Tamale, Ghana. Email :ndeladominic@gmail.com Prof Francis Kemasusuor Is An Associate Professor At The Kwame Nkrumah University Of Science And Technology, Kumasi, Ghana With Varied Expertise In Bioenergy Technology, Energy Planning And Energy Policy. He Is The Busines Advisor For Modcoal. Email: Kemausuor@gmail.com

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