All On Partnerships for Energy Access (All On) and the United States African Development Foundation (USADF) are pleased to announce the renewal of their partnership to expand off-grid energy access in Nigeria, with a focus on underserved communities.
All On Partnerships for Energy Access and the United States African Development Foundation are pleased to announce the renewal of their partnership to expand off-grid energy access in Nigeria , with a focus on underserved communities. Building on the success of their collaboration from 2017 to 2022, this new initiative will see both organizations commit a combined $10 million over the next three years to support innovative, African-owned businesses providing sustainable energy solutions.
Nigeria Energy Challenge, the partnership will continue investing in off-grid energy companies to increase access to clean energy for low-income communities, while contributing to Nigeria's socio-economic development. The program will drive the localization of the energy value chain. The initial cycle of the Challenge delivered US$3.6 million in blended finance to 36 companies.
will provide up to $250,000 in grant funding per selected project, while All On will contribute up to $750,000 per recipient through a range of investment mechanisms to support businesses in Nigeria’s energy sector. Caroline Eboumbou, CEO of All On, highlighted the program's impact, saying “We are thrilled to renew our partnership with
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