EU plans to Launch €30m Power Finance Scheme in Nigeria

The Nigerian Energy Forum 2019 organizers have disclosed that the European Union (EU) and All On, an impact finance firm have made plans to launch a 30million Euros worth of electrification financing initiative for off-grid and commercial captive power project in Nigeria.

The NEF organizers further disclosed that the funding window could upscale investments for sustainable energy development in Nigeria.

The fourth edition of the forum holds later this week in Lagos Nigeria with the former National Chairman of the Nigerian Institute of Electrical and Electronics Engineers (NIEEE), Mr. Adekunle Makinde, delivering the keynote address.

Also to speak at the event is the Chairman of the Nigerian Electricity Regulatory Commission, Prof. James Momoh; Chief Executive Officer (CEO) of All On, Dr. Weibe Boer and a representative of the EU, Mr. John Funso-Adebayo. The launching of the power finance scheme will be discussed in details during this forum

All On’s support will allow top 20 early-stage energy entrepreneurs from Nigeria shortlisted through a competitive process to fully attend a technical, capacity building conference adding to acquire new skills through practical exposure to modern energy technologies, and engage with the expert speakers, exhibitors and workshop providers.



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