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All On Invests $1 Million in Eja-Ice Nigeria to Boost Cold-Chain Infrastructure in Off-Grid Areas
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Energy & Infrastructure

All On Invests $1 Million in Eja-Ice Nigeria to Boost Cold-Chain Infrastructure in Off-Grid Areas

From Premium Times · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • All On has invested $1 million in Eja-Ice Nigeria Ltd to enhance cold-chain infrastructure.
  • This investment will support Eja-Ice's expansion in manufacturing and operations, particularly in off-grid markets.
  • The funding aims to strengthen the company's growth phase and improve access to cold storage solutions.

All On, an investment firm, has injected $1 million into Eja-Ice Nigeria Ltd, a move designed to significantly bolster the latter's cold-chain infrastructure. This strategic investment is poised to accelerate Eja-Ice's manufacturing capabilities and operational scale-up as it enters a critical phase of growth. The funding is particularly targeted at strengthening Eja-Ice's presence in off-grid markets, where reliable cold storage solutions are often scarce. By enhancing its infrastructure, Eja-Ice aims to improve the accessibility and preservation of goods, potentially impacting various sectors from food to healthcare. This collaboration underscores a commitment to developing essential infrastructure in Nigeria, addressing key challenges related to energy access and supply chain efficiency. The investment is expected to drive Eja-Ice's expansion and contribute to the broader economic development goals within the region.

DistantNews Editorial

Originally published by Premium Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.