Lusaka, Zambia – 28 October, 2025. The Zambia Business Angels Network (ZBAN) is pleased to announce a landmark investment of One Million Four Hundred Twenty Six Thousand Five Hundred Twenty Four Kwacha (K1,426,524) in Green Fire, a Zambian enterprise Leading the production of organic charcoal blocks and briquettes. This marks ZBAN’s largest single investment to date, underscoring its commitment to fueling innovative, sustainable ventures that address Zambia’s pressing environmental and economic challenges.
Green Fire is dedicated to providing cleaner, eco-friendly alternatives to traditional charcoal. By producing organic charcoal and briquettes, the company helps reduce deforestation and promotes a more sustainable way for households and businesses to heat and cook.
This investment represents a step forward in building Zambia’s green future and reflects ZBAN’s growing role in nurturing the country’s early-stage investment ecosystem while empowering entrepreneurs with innovative solutions that contribute to national development goals. With this milestone, ZBAN continues to advance its mission of connecting local entrepreneurs with angel investors, building a robust pipeline of impactful and scalable businesses that shape a better Zambia.