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
Investors and banks need to coordinate and connect capital to promote sustainable development. (Image source: everythingpossible/Adobe Stock)
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
Daystar Power has installed more than 170 solar systems for schools, hospitals, banks, factories and other facilities in West African countries. (Image source: succo/Pixabay)
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 is expanding its offerings beyond electricity provision, integrating cost-effective and tailor-made solutions. (Image source: ENGIE)
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