BREAKING: Ex-Super Eagles midfielder Henry Nwosu is dead

Follow Us: Facebook Twitter Instagram YouTube
LATEST SCORES:
Loading live scores...
Business

All On invests $250,000 in enee.io to boost energy access in Nigeria

All On
L-R: Chief Executive Officer, All On Partnerships for Energy Access (All On) Nigeria, Caroline Eboumbou and Chief Executive Officer, enee.io, David Smith, at the official signing ceremony of the partnership between All On and enee.io to mark the investment of USD 0.25 million by All On to scale enee.io’s renewable energy operations in Nigeria

Quick Read

The company’s solutions align with All On’s mission to support scalable clean energy businesses that address Nigeria’s energy access gap.

All On, a prominent impact investment company, has invested $250,000 in enee.io, a technology firm specializing in advanced energy monitoring systems, to scale its sales operations across Nigeria.

The investment aims to enhance access to reliable and sustainable energy solutions in the country’s off-grid sector.

enee.io’s innovative software enables users to monitor and manage renewable energy systems efficiently, promoting data-driven decisions that optimize energy use and reduce waste.

The company’s solutions align with All On’s mission to support scalable clean energy businesses that address Nigeria’s energy access gap.

Oluseye Bassir, Investment Manager at All On, stated, “Our investment in enee.io supports a platform that empowers Nigerians to manage energy consumption and maximize device performance. This aligns with our goal of creating opportunities for communities underserved by sustainable energy solutions.”

All On
L-R: Investment Associate, All On, Abdulazeez Bakare; Chief Executive Officer, All On Partnerships for Energy Access (All On) Nigeria, Caroline Eboumbou; Chief Executive Officer, enee.io, David Smith, and Head of Sales for Nigeria, enee.io, Isaiah Umoh, at the official signing ceremony of the partnership between All On and enee.io to mark the investment of USD 0.25 million by All On to scale enee.io’s renewable energy operations in Nigeria

David Smith, CEO of enee.io, expressed enthusiasm about the partnership, noting, “All On’s expertise in Nigeria’s energy sector makes them an ideal partner. This funding will accelerate our expansion, enabling more communities and businesses to shift to reliable, affordable energy through smarter systems.”

The investment underscores All On’s commitment to fostering entrepreneurship and strengthening Nigeria’s clean energy ecosystem. By supporting innovative companies like enee.io, All On aims to drive sustainable development and inclusive energy access across the country.

 

Comments