REA connects 5m users with N241bn solar power grant
The Managing Director of REA, Salihijo Ahmad Salihijo, stated this at the weekend at a briefing on the implementation level of the Nigeria Electrification Project (NEP) of the agency.
Tag: NEP
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First $10m aggregated renewable energy facility launched in Nigeria
The DART programme aims to accelerate the growth of the renewable energy sector in Nigeria and beyond by combining demand pooling and aggregated purchasing of solar equipment, access to affordable finance and coordinated logistics processes to unlock economies of scale for solar companies and achieve cost savings for end users.
New private equity fund to invest in sustainable energy in Nigeria
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB), has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF). This new private equity fund has been developed by Nigerian impact investment firm, All On. NEAF will make strategic investments in sustainable energy…