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Financing Source: Niger Delta Off Grid Energy Fund

From energypedia
Revision as of 13:32, 24 July 2023 by ***** (***** | *****) (Created page with "{{Financing SourcesDB |FS title=Niger Delta Off Grid Energy Fund |FS facts=The Bank of Industry (BOI) and All On established a N1billion Niger Delta Off-Grid Energy Fund to pr...")
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Last edited on 24/07/2023 by Sophia Schneider
(Date format: DD/MM/YYYY)

Key facts
The Bank of Industry (BOI) and All On established a N1billion Niger Delta Off-Grid Energy Fund to provide local currency debt financing for energy solutions by access-to-energy companies in the Niger Delta at 10% interest rate per annum (with a one-year moratorium) and tenor of up to seven years.
Type of financing
  • Debt
Technology scope
  • SHS
  • Minigrid
  • Other
Target beneficiaries
SME, Early-stage
Geographical scope
Sub-Saharan Africa, Latin America
Application
Rolling basis
URL
https://www.all-on.com/media/media-releases/_jcr_content/par/textimage_785216618.stream/1555249725463/e01c53acccb9e5f44452f6f9b855b9af8078b639/niger-delta-off.pdf
Further information



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