Business

Nigeria Powers Up Clean Energy With New $300 Million Renewable Investment Fund

The Nigeria Sovereign Investment Authority and Africa50 have unveiled a $300 million fund targeted at scaling distributed renewable energy across underserved regions. Backed by Sustainable Energy for All, the initiative will accelerate mini-grids and standalone solar installations, bridging critical electricity gaps for businesses and households nationwide.

Tribune Online·October 26, 2026AI-curated

The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) have launched a $300 million Nigeria Distributed Renewable Energy (DRE) Fund to expand electricity access to underserved communities and businesses across the country. The fund,

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This story was sourced from Tribune Online and rewritten in SEVA editorial voice. Read the full original at the source.