Nigeria: All On and Mobile Power Limited sign £1million investment deal to expand deployment of pay-per-use battery sharing platform

Mobile Power’s energy distribution platform “MOPO”, is successfully serving challenging markets, creating local employment, and providing financial and social returns. The platform offers customers a community-based, agent-led Battery-As-A-Service product that enables them rent 50Wh-1000Wh lithium-ion batteries for 24-hour periods.

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Mobile Power Limited raises £1 million from All On to scale its services

The investment will enable Mobile Power to increase the growth of its pay-per-use battery-sharing platform in Nigeria. This is in line with All On’s mission to invest in off-grid energy solutions spanning solar, wind, hydro, biomass, and gas technologies deployed by both foreign and local access-to-energy companies that complement available grid power across Nigeria and help bridge its significant energy gap.

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