Renewable Firm Pledges More Investment in Nigeria’s Clean Energy Sector

Renewable energy firm All On has committed to increasing its investments and innovations to foster clean and sustainable energy in Nigeria, with a specific focus on rural communities. This commitment was highlighted during the celebration of its 'Decade of Impact with All On at 10 Hackathon,' an event designed to encourage the next generation of clean energy innovators.

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for the past 10 years, the firm has invested in people, businesses, and partnerships that are expanding access to clean energy across Nigeria.

Caroline Eboumbou, CEO of All On, stated that over the past ten years, the firm has invested in individuals, businesses, and partnerships that have broadened access to clean energy throughout Nigeria. She emphasized that the company's "Partnerships for Energy Access" initiative is a leading impact investment in Nigeria's energy access sector. The hackathon, she explained, reflects the belief that the coming decade's impact will be driven by both the company's investments and the innovators it inspires.

The firm aims to cultivate talent, ideas, and leadership for Nigeria's clean energy future by providing young people with opportunities to develop practical solutions for real-world challenges. All On, an independent impact investing company initially funded by Shell, seeks to accelerate the growth of Nigeria's off-grid energy market, making affordable, reliable, and sustainable energy accessible to low-income households and small businesses.

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as it celebrates a decade of expanding energy access across Nigeria, the Hackathon reflects its belief that the next decade of impact will be shaped not only by the investments it makes, but also by the innovators it inspires.

The anniversary event brought together students from prominent institutions like the University of Lagos, Lagos State University, and Yaba College of Technology. These students formed multidisciplinary teams to design and present innovative clean energy solutions for sectors including healthcare, education, agriculture, fisheries, cold-chain logistics, and productive energy use. The competition challenged participants to create solutions that were not only technically sound but also commercially viable, financially sustainable, digitally enabled, and capable of generating significant social impact.

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The firm aims to achieve this by creating opportunities for young people to develop practical solutions to real-world challenges, which All On is helping build the talent, ideas, and leadership that will drive Nigeria’s clean energy future.