UK firm finalizes $18 million deal for renewables in Nigeria
UK-based Konexa has finalized a deal that will see Climate Fund Managers and Microsoft’s Climate Innovation Fund invest $18 million to establish Nigeria’s inaugural private renewable trading platform and provide renewable energy to Nigeria Breweries.
Nigeria taps mini-grids to power universities
Four Nigerian universities are in the final stages of abandoning the country’s main grid to be fully powered by mini-grids. Nigeria aims to use more mini-grid technology to power its people by tapping a $550 million World Bank loan.
