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NIGERIA: All On funds Infibranches for electrification via solar off-grid

All On is again supporting access to electricity in Nigeria. The impact investment company set up by the Shell Foundation and supported by several financial partners is investing $2 million in Infibranches Technologies. The Lagos-based startup provides access to electricity via off-grid solar power, as well as solutions that accelerate financial inclusion in Nigeria.

 

Off-grid systems are widely used for rural electrification in Nigeria. Solar home systems are by far the most widespread in the West African country. To accelerate the deployment of these solutions, providers are focusing on small-dollar payments, facilitated by mobile money. For example, as part of the Nigerian Off-Grid Market Acceleration Programme, the fintech Infibranches received support from the Shell Foundation, Uk Aid and the United States Agency for International Development (USAID) to develop a payment integration solution for the Nigerian solar home system.Sinoware PAYG-enabled SHS