Nigeria’s transition to clean cooking solutions is gaining momentum, and Wednesday’s media roundtable in Lagos made one thing… The post Nigeria’s clean cooking Nigeria’s transition to clean cooking solutions is gaining momentum, and Wednesday’s media roundtable in Lagos made one thing… The post Nigeria’s clean cooking

Nigeria’s clean cooking challenge goes beyond stoves – BURN

Nigeria’s transition to clean cooking solutions is gaining momentum, and Wednesday’s media roundtable in Lagos made one thing clear: achieving the country’s 2030 universal clean cooking target will require more than just distributing stoves.

BURN Manufacturing Nigeria, the world’s largest modern cookstove company, hosted journalists, government officials, and industry experts to a roundtable at L’Eola Hotel in Ikeja. The session, themed Unlocking Nigeria’s Clean Cooking Future: Carbon Markets, Tax Policy and Local Markets is aimed at discussing how carbon finance, tax incentives, and manufacturing standards can accelerate the adoption of clean cooking technologies across Africa’s most populous nation.

The conversation came at a time which Etulan Ikpoki, BURN’s Country Manager, described as a “pivotal moment” for Nigeria’s clean cooking sector: the launch of the Nigeria Carbon Market Activation Policy, upcoming tax reforms in 2026, and renewed focus on standards enforcement.

“Clean cooking is one of the few climate solutions Nigeria can scale quickly, credibly, and at the household level,” Ikpoki said during her opening presentation.

BURN says Nigeria’s clean cooking challenge goes beyond stovesBURN demonstrates its product lineup, including the ECOA wood, charcoal, electric, ethanol, and gas cookstoves
Smoke in the kitchen, pressure on the forests

The scale of the problem set the tone early.

Across Africa, hundreds of millions still rely on firewood and charcoal for cooking. In Nigeria alone, household air pollution contributes to tens of thousands of premature deaths every year, mostly among women and children. On the environmental side, unsustainable biomass use continues to drive deforestation, especially around urban centres.

BURN says it has distributed over 500,000 clean cookstoves across Nigeria since 2018, reaching more than two million people across all 36 states. Its Kano factory currently produces about 35,000 stoves per month and employs over 700 people, half of whom are women. The company plans to expand capacity significantly as demand grows.

But Ikpoki was careful not to frame the issue as a corporate success story.

“This isn’t about selling appliances,” she said. “It’s about health, time, money, and dignity in the home. If clean cooking stays expensive or inaccessible, people will stick to what they know, even if it’s dangerous.”

BURN says Nigeria’s clean cooking challenge goes beyond stoves
Carbon credits: how BURN turns stoves into funding

Beyond policy and enforcement, carbon finance emerged as a major lever for scale.

Chidi Ohaji, BURN’s B2C Manager, walked journalists through how the company uses carbon credits to subsidise stove prices for low-income households. The idea is simple: when a household switches from firewood or charcoal to a more efficient stove, it reduces carbon emissions.

Read also: SORA Technology secures additional $2.5m to accelerate African health and climate solutions

Those reductions are measured, verified, and sold as carbon credits to companies looking to offset their own emissions. That revenue, Ohaji said, is what allows BURN to cut stove prices by as much as 60 to 100 percent for families who otherwise couldn’t afford them.

But carbon markets only work when trust exists in the data, in the verification process, and in the regulatory system behind them.

Why clean stoves struggle to compete

One of the clearest threads across the panel was affordability, not just for consumers, but for manufacturers too.

Speakers explained that clean cookstoves still face import duties, VAT charges, and inconsistent tariff treatment, even when produced locally. Meanwhile, dirtier fuels benefit from decades of subsidy structures and entrenched supply chains. The result: cleaner options struggle to compete, despite long-term savings for households.

BURN says Nigeria’s clean cooking challenge goes beyond stovesL-R: Panel moderator and BURN’s call center manager, Irene Ibinikpo, Indirect Tax Partner at Deloitte, Chijoke Odo, Country
Manager, BURN Manufacturing Nigeria, Etulan Ikpoki, Chief Technical Officer at the Standard Organisation of Nigeria (SON), Engr. Benedict Souarede Preake, and Head of the Environment
and the Green Manufacturing Unit of the
Manufacturers Association of Nigeria (MAN), Mrs. Victoria Onuoha

Chijoke Odo, Indirect Tax Partner at Deloitte, said fiscal policy could shift that balance quickly.

“If government wants companies to manufacture locally, create jobs, and meet climate goals, tax policy has to reflect that,” he said.

Several speakers argued that clean cookstoves should be officially recognized as essential household goods, which would qualify them for tax exemptions and make them more affordable overnight.

What clean cooking looks like inside real homes

Following the technical discussions, BURN demonstrated its product lineup, including the ECOA wood, charcoal, electric, ethanol, and gas cookstoves. Ikpoki revealed that the new ECOA Electric Pro 200 will launch in Nigeria in the coming months alongside other products.

The most compelling part of the session came through customer testimonials shared in BURN’s briefing materials. Stories from users across Katsina, Bauchi, Ekiti, Kwara, and Plateau states illustrated the tangible impact of switching to efficient cookstoves.

BURN says Nigeria’s clean cooking challenge goes beyond stovesBURN’s assembly plant in Kano State

By the end of the roundtable, one thing was clear: Nigeria’s clean cooking challenge isn’t technical anymore. The stoves work. The demand exists. The financing models are proven.

For BURN, the next phase means scaling its Kano factory, protecting product quality, and working with the government on policy reforms. For Nigeria, it means deciding whether clean cooking remains a niche intervention or becomes the default for millions of households still cooking over open fires.

The post Nigeria’s clean cooking challenge goes beyond stoves – BURN first appeared on Technext.

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. You can run it inside a notebook, integrate it into a research workflow, or even schedule it to trigger after each new earnings release. Free Stock Market API and Financial Statements API... Conclusion Earnings calls no longer need to feel overwhelming. With the Financial Modeling Prep API, you can instantly access any company’s transcript, and with Groq LLM, you can turn that raw text into a sharp, actionable summary in seconds. This pipeline saves hours of reading and ensures you never miss the key results, guidance, or risks hidden in lengthy remarks. Whether you track tech giants like NVIDIA or smaller growth stocks, the process is the same — fast, reliable, and powered by the flexibility of FMP’s data. Summarize Any Stock’s Earnings Call in Seconds Using FMP API was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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