Market

Currently, the demand for ethanol in Nigeria and West Africa is ten times larger than the supply. Over 98% of ethanol available is imported. In addition, we estimate the potential market for ethanol fuel in West Africa alone to be over $12.3 billion per annum. Green Energy and Biofuels (GEB) is poised to be the dominant player in the ethanol fuel market and will then branch out into markets for transport and industrial applications.