DistantNews
Support us
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Energy & Infrastructure

All On Invests $1M in Eja-Ice Nigeria to Strengthen Cold-chain Infrastructure

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • All On, an impact investing company, has invested $1 million in Eja-Ice Nigeria Limited.
  • Eja-Ice Nigeria provides solar-powered cold-chain solutions.
  • The investment aims to expand access to renewable energy and improve cold-chain infrastructure in Nigeria.

All On, an impact investing firm dedicated to increasing access to renewable energy in Nigeria, has announced a significant $1 million investment in Eja-Ice Nigeria Limited. This funding is poised to bolster Eja-Ice's capacity as a provider of solar-powered cold-chain solutions.

The investment underscores a commitment to strengthening Nigeria's infrastructure for preserving goods, particularly perishable items, through sustainable energy. Eja-Ice's innovative approach utilizes solar power, offering an environmentally friendly alternative to traditional energy sources that are often unreliable or costly.

By supporting Eja-Ice, All On aims to enhance the reliability and reach of cold-chain services across Nigeria. This development is expected to have a positive impact on various sectors, including agriculture and healthcare, by reducing spoilage and improving the distribution of essential products. The partnership signifies a crucial step towards a more robust and sustainable energy future for the nation.

DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.