Mizan Eco Industry Partners with FasterCapital EquityPilot to Scale Biochar Production
Djibouti & Dubai, UAE - Sep 12 2025
Mizan Eco Industry and FasterCapital today announced a strategic partnership through FasterCapital’s EquityPilot program to accelerate production and market rollout of charbon vert (biochar) across Djibouti and the Horn of Africa, addressing energy costs, deforestation and indoor pollution with industrial-scale solutions.
Market opportunity & problem statement
Djibouti and neighboring markets face rising charcoal prices, deforestation and health risks from traditional charcoal and fuel sources. Global biochar and sustainable solid-fuel markets are growing as consumers and institutions seek lower-cost, lower-emission alternatives. Mizan Eco Industry targets a clear white space: locally produced, affordable biochar briquettes for households, restaurants and hotels—categories with predictable volume and acute unmet demand.
Startup solution & differentiation
Mizan Eco Industry , founded by DEFOURAHMAN Mohamed Mizan, converts agricultural residues into high-quality biochar briquettes and specialty chicha charcoal. The product delivers comparable calorific performance to wood charcoal, far lower toxic emissions, steady availability and competitive pricing (target retail 40 kg at 800 FDJ). Early production planning, site selection and equipment procurement are complete; projected first-year revenue is 68.7M FDJ. The company’s feedstock sourcing model, local manufacturing and product formats create defensible cost and distribution advantages.
FasterCapital partnership value
Through the EquityPilot program, FasterCapital will provide strategic mentorship, go-to-market guidance, technical validation, investor introductions and capital-raising support to deploy $150,000 in target funding. FasterCapital’s selective process and global accelerator resources validate Mizan’s commercial traction and position it for fast scale across urban Djibouti and export corridors to neighboring markets.
Executive quotes
“FasterCapital invests where innovation solves clear market pain and delivers measurable impact,” said Hesham Zreik. “Mizan’s model replaces unsustainable charcoal with an affordable, scalable biochar solution—exactly the type of venture our EquityPilot program accelerates toward regional leadership.”
“Mizan Eco Industry was created to offer Djiboutians a cleaner, cheaper fuel that protects forests and public health,” said Defourahman.M.M, Founder. “Partnering with FasterCapital accelerates our production roadmap, strengthens quality controls and unlocks access to the capital and channels we need to scale.”
Growth trajectory & future plans
Near-term milestones include commissioning production lines, formalizing urban distribution in Ras-Dika, Boulaos and Balbala, and reaching initial monthly output targets within 6–9 months. Mizan seeks $150,000 to complete equipment purchases, working capital and market expansion; additional rounds will fund exports and R&D for soil-amendment biochar products.
About Mizan Eco Industry
Mizan Eco Industry S.A.R.L. produces charbon vert (biochar) briquettes and specialized chicha charcoal from agricultural residues. Founded in 2021 in Djibouti, the company’s mission is to provide affordable, clean-burning fuel while reducing deforestation and indoor air pollution.
About FasterCapital
FasterCapital is a global startup accelerator and venture builder offering mentorship, development and capital through programs like EquityPilot. FasterCapital supports tech and deep-tech startups with market-entry acceleration, engineering resources and investment readiness.
