The Nigerian government has signed an MoU with Siemens, the German electricity powerhouse, to improve the country’s power supply
Energy
Standard Chartered to provide US$75bn for SDGs
Standard Chartered is planning to provide US$40bn of project financing services for infrastructure to promote sustainable development and US$35bn of project financing services, M&A advisory and debt structuring services for renewables and cleantech projects by 2024
Endeavor awards Daystar Power founders as high impact entrepreneurs
The international jury of the non-governmental organisation Endeavor honoured the two German founders and managing directors of the Nigerian solar energy company Daystar Power as high impact entrepreneurs
ENGIE Africa brings off-grid power to more than four million people
ENGIE Africa has developed its three access-to-energy (A2E) off-grid energy solution companies such as Fenix International, ENGIE Mobisol and ENGIE PowerCorner
SunFunder makes first investment in Nigeria with Daystar Power
SunFunder, a solar finance company providing debt capital to solar enterprises in emerging markets, has announced its first disbursement in Nigeria, part of a facility of up to US$4mn with commercial and industrial solar developer Daystar Power