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Okra Solar, InfraCredit to power 25,000 rural Nigerians

Okra Solar and InfraCredit have sealed debt financing deal of a mesh-grid project under InfraCredit’s Climate Finance Blending Facility (CFBF). The deal targets no fewer than 25,000 rural Nigerians not connected to the national grid. The world’s largest energy access program Distributed Access through Renewable Energy Scale-up (DARES) provides $750million in grants to renewable energy…

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NSIA invests $2.833b to stabilize economy

The Nigeria Sovereign Wealth Fund (NSIA) has invested about $2.833 billion towards the attainment of key Sustainable Development Goals (SDGs) in the country since its establishment about 12 years ago, its Managing Director, Aminu Umar-Sadiq has said. Umar-Sadiq who spoke when the House Committee on Finance visited the agency on an oversight also disclosed that…

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