Posted on October 29, 2009 - by boris

Kenya: Carbon Manna Africa announces collaboration with the Kogelo Community Development Foundation…

Carbon Manna Unlimited in San Diego, California, a non-profit standards-setting organization popularizing the world’s first form of non-debt-based microfinance — the highly-scalable, cell-phone-based Carbon Micro-PROFIT-Sharing system — announced an exclusive agreement between its affiliate, Carbon Manna Africa Ltd. (Nairobi, Kenya), and the Kogelo Community Development Foundation (KCDF) in Kogelo, Kenya.

Kogelo is the childhood hometown of U.S. President Barack Obama’s late father. Carbon Manna Africa and KCDF will jointly utilize the sustainable Carbon Manna(SM) Micro-PROFIT-Sharing System to address various healthcare, nutrition and education challenges common to the Developing World.

The Carbon Manna(SM) System employs mobile phones, SMS (short message service) and unique stove identifiers that will allow millions of families in the Developing World to claim and monetize on a monthly basis the validated carbon micro-offsets they produce by utilizing more efficient cooking methods such as well-designed charcoal or wood stoves, instead of using an inefficient 3-stone fire burning excessive non-renewable biomass.

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Source: http://finance.yahoo.com/news/Carbon-Manna-Africa-Ltd-iw-1267785200.html?x=0&.v=1