£3,000 plus VAT where market capitalisation is below £3m
£5,000 plus VAT where market capitalisation is between £3m & £5m
£7,500 plus VAT where market capitalisation is between £5m & £10m
£10,000 plus VAT where market capitalisation is between £10m & £25m
£15,000 plus VAT where market capitalisation is above £25m
Pricing Schedule for Debt Securities - Annual Fee per Issue
£10,000 plus VAT per standalone debt issue or debt issuance programme
Pricing Schedule for Funds - Annual Fee
£10,000 plus VAT per Fund
Payable on ratification of Impact Report by the Admissions Panel
The African continent has millions of tonnes of crop residues and giant grasses that literally go up in smoke every year. This ‘waste’ can be taken and transformed into a valuable sustainable biomass fuel to make energy.
Mozambique Renewables (Mo-Re) is a first mover in the creation of this sustainable biomass market initially using feedstock from Mozambique. We have identified two business models for the development of this market being:
Source & manufacture biomass pellets in Mozambique for export into the international heat and energy markets.
Source, manufacture and consume biomass pellets in Mozambique for the generation of electricity, heating and/or cooling, and use as a clean cooking fuel.
By taking the crop residues and giant grasses that are currently burned in situ and making them into a valuable resource, Mozambique Renewables also delivers a number of social and environmental benefits, including:
Increasing Farmers’ Incomes: UNEP SSA Report states that for each 10% increase in small-scale agricultural productivity almost 7 million people are moved above the 1$/day poverty line. Mo-Re will increase the margin of cotton farmers by 20% and offer out-growers schemes that pay better than cotton. Since inception we have engaged with over 120 farming families, and this number is expected to increase to around 10,000 by year 10.
Supply of Energy to Businesses and Communities in Mozambique: According to Power Africa 2 out of 3 people in Africa lack access to electricity. Our containerised off-grid biomass CHP units offer a clean technical solution at half the cost of diesel powered electricity without damaging carbon dioxide, nitrogen oxide, and sulphur dioxide emissions. According to the WHO more than 210,000 people die from outdoor pollution caused by a number of sources including biomass burning. The UNEP states that emissions from savanna fires, agricultural waste burning, and deforestation fires are (in Tg/Yr) 577 of Co2, 295 of CO, 20 of CH4, and 44 of NMHC – far worse than equivalent emissions from industry. Extrapolating at a 20% reduction over 10 years could save 42,000 lives with additional benefits to alleviating climate change.
Cooking Fuel to Replace Dirty Fuels: Deaths from indoor household air pollution caused by widespread use of dirty energy sources such as charcoal and kerosene are reported by UNEP GEO 6 to be 600,000 a year. The estimated economic cost of premature deaths from air pollution for Africa as a whole (OECD), was nearly $450bn in 2013, with $232bn by household pollution. Poor indoor air quality is a problem for African households, 80 percent of whom burn charcoal or kerosene as their primary fuel source. Families are forced to rely on these expensive fuels — charcoal can eat up a third of a household’s income. Mozambique Renewables offers a locally sourced, smoke free, resilient renewable fuel which given a 50% market penetration would save 300,000 lives per year.