GC

Green Coal

Green Coal Ethiopia AB

Saltsjö-Boo, Sweden

BiomassLimited company
Profile last updated: October 24, 2026

About

Green Coal is a limited company headquartered in Saltsjö-Boo, Sweden specializing in Biomass.

Green Coal is a Swedish-founded company working to eliminate the import of fossil coal into Ethiopia by replacing it with green coal produced from biomass such as elephant grass, bagasse and prosopis. The company aims to reduce foreign currency spending and create income, and is developing a first production facility in the Kilinto Special Economic Zone near Addis Ababa. It has also secured land for elephant grass cultivation in Oman and established subsidiaries in Ethiopia, Oman and Malaysia. The company holds a Foreign Direct Investment licence from the Ethiopian Investment Commission covering tax exemption and currency availability for debt servicing and profit repatriation.

Headquarters

Saltsjö-Boo, Sweden

Company type

Limited company

Focus areas

green coalbiomassfossil coal replacementelephant grassbagasseprosopisEthiopiaOmanMalaysiacement industry

Products & services

Business models

B2B

Value chain

Development

Service areas (3)

  • Ethiopia

    Production of green coal to replace imported fossil coal for the Ethiopian cement industry.

  • Oman

    Elephant grass cultivation and export of green coal, with animal feed sold locally.

  • Malaysia

    Subsidiary established to access farm land and nearby export markets.

Locations

Headquarters

Grävlingsbergsvägen 16, 132 37, Saltsjö-Boo, Sweden

Operating locations (2)

  • Woreda 01, Sub-city Bole, Addis Ababa, Ethiopia
  • 406 Business Tower One, P.O. Box 921 P.C.133, Madinat Al Urfan, Muscat Hills, Muscat, Oman

Service regions

EthiopiaOmanMalaysia

Projects

2

Elephant grass farm, Oman

PlannedBiomass feedstock farm

Land allocation of close to 6,000 to 10,000 hectares (figures vary across sources) in the Al Hashman region for cultivating elephant grass, with most primary product expected to be exported and secondary animal feed sold locally.

Al Hashman, Oman

First factory, Kilinto Special Economic Zone

PlannedBiomass fuel production facility

Factory site in the Kilinto Special Economic Zone on the outskirts of Addis Ababa, allocated under an MoU with the Ethiopian Investment Commission, for the first Green Coal production facility.

Addis Ababa, Ethiopia

Credentials & affiliations

Certifications

Foreign Direct Investment License

Issued by: Ethiopian Investment Commission

Partnerships

Dangote

People

Management & team (3)

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