- All On and USADF have renewed their partnership to expand off-grid energy access in Nigeria.
- USADF President and CEO Travis Adkins emphasised the importance of the partnership, stating, “Our collaboration with All On has shown the transformative impact of off-grid energy solutions in improving lives and livelihoods in rural and underserved regions of Nigeria.”
All On Partnerships for Energy Access (All On) and the United States African Development Foundation (USADF) have renewed their partnership to expand off-grid energy access in Nigeria, focusing on underserved communities.
The new initiative will see both organisations commit $10 million over the next three years to support innovative, African-owned businesses providing sustainable energy solutions. This will build on the success of their collaboration from 2017 to 2022.
To commemorate the renewal, a signing ceremony was held in New York, attended by All On CEO Caroline Eboumbou and USADF President and CEO Travis Adkins, alongside representatives from both organisations. The ceremony marked a significant step forward in their joint mission to drive increased energy access and socio-economic development in Nigeria.
Through the All On-USADF Nigeria Energy Challenge, the partnership will continue investing in off-grid energy companies to increase access to clean energy for low-income communities and contribute to Nigeria’s socio-economic development. The program will drive the localisation of the energy value chain.
The initial cycle of the challenge delivered US$3.6 million in blended finance to 36 companies. Since then, the companies have gone on to establish over 100,000 connections, improving more than 500,000 lives through access to clean energy.
USADF President and CEO Travis Adkins emphasised the importance of the partnership, stating, “Our collaboration with All On has shown the transformative impact of off-grid energy solutions in improving lives and livelihoods in rural and underserved regions of Nigeria.
Adkin noted, “We are excited to continue this partnership’s important work, advancing clean energy technologies while addressing essential needs like health, education, gender inclusion, and economic empowerment.”
The new funding will target both existing grantees and new businesses, focusing on addressing key challenges identified from previous cohorts. USADF will provide up to $250,000 in grant funding per selected project. At the same time, All On will contribute up to $750,000 per recipient through various investment mechanisms to support businesses in Nigeria’s energy sector.
The CEO of All On, Caroline Eboumbou, highlighted the program’s impact, saying, “We are thrilled to renew our partnership with USADF, which has already made a significant impact on energy access in Nigeria.
“By combining our resources and expertise, we aim to empower more local businesses and communities with sustainable energy solutions. This collaboration is not just about providing power; it’s about creating opportunities for economic growth and lasting development across sectors throughout Nigeria,” she noted.