Viewing entries in
January 2018

Commercial banks accused of suppressing Nigerian solar market

Commercial banks accused of suppressing Nigerian solar market

Nigerian solar energy expert, Ademola Fadunsi, has questioned the financial industry for its slow pace of solar energy investments, saying the inability of local commercial banks to grant loans to investors in the sector has impeded market growth.

USADF, All On opens 2018 offgrid $100,000 energy challenge

USADF, All On opens 2018 offgrid $100,000 energy challenge

The U.S. African Development Foundation (USADF) and All On have officially opened the application period for the 2018 Nigeria Off-Grid Energy Challenge, which will provide $100,000 per enterprise for successful applications, following the announcement last month of a $3 million public-private partnership between the two organizations.