• About
  • Become a Climate Reporter
  • Send Us Your Report
  • Submit A News
  • Support Us
  • Privacy Policy
  • Contact Us
Wednesday, September 17, 2025
NEWSLETTER
Africa Climate Reports
No Result
View All Result
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
Africa Climate Reports
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
No Result
View All Result
Africa Climate Reports
No Result
View All Result

Scaling mini-grids could stimulate $20bn investment in Nigeria – Report

by editor
November 5, 2018
in ENERGY
0
Home ENERGY
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter
A solar project in Nigeria (PHOTO: Greentech)
A solar project in Nigeria (PHOTO: Greentech)

The Rocky Mountain Institute (RMI) in collaboration with the Nigerian Economic Summit Group (NESG) this week released a report entitled, Minigrid Investment Report: Scaling the Nigerian Market, which shows how mini-grids can improve business profitability.

According to the report, mini-grids could also stimulate a $20 billion investment opportunity throughout Nigeria.

At present, only 45% of the Nigerian population has access to electricity, and only 36% of the population in rural areas has access to a centralised power source.

Mini-grids can provide a cost-effective solution to the demand for rural electrification, which could help businesses tap into a revenue opportunity of up to N2.8 trillion ($8 billion) per year.

RelatedPosts

Africa can go 100% renewable, so what’s stopping it?

Mining Communities Urge Community-Led Path in South Africa’s Energy Transition

“The Nigerian mini-grid space is ready to take off, and there is a huge opportunity for investment to scale the market,” said Sachi Graber, an associate at Rocky Mountain Institute and co-author of the study.

“These mini-grids could drive a significant economic change in rural Nigeria,” Graber added.

The research presents the following findings to show how necessary mini-grids are to the future of Nigeria’s business structure:

* Scaling mini-grids could create a $20 billion investment opportunity
* Over 80% of Nigerian business owners cite electrification challenges as their most significant obstacle, and mini-grids could solve the most common challenges through high reliability and consistent quality

The report also provides recommended best practices for the mini-grid sector, based on current operating mini-grid projects, which can ensure success from both a business and development perspective.

The Mini-grid Investment Report presents a clear pathway to scale in Nigeria, where the mini-grid market is taking off.

RMI and NESG hope that this industry will be able to provide power to millions of individuals and small businesses within the next several years.

Tags: EnergyNigeria
ShareTweetSendShare
editor

editor

Related Posts

Africa can go 100% renewable, so what’s stopping it?
BREAKING NEWS

Africa can go 100% renewable, so what’s stopping it?

September 12, 2025

A solar panel seen behind grass at Globeleq solar farm in De Aar, Northern Cape, South Africa. February 19, 2022....

Mining Communities Urge Community-Led Path in South Africa’s Energy Transition
CLIMATE CHANGE

Mining Communities Urge Community-Led Path in South Africa’s Energy Transition

September 12, 2025

a mining site in South Africa By Ken Koutchakpo As South Africa moves toward a low-carbon future, communities most affected...

Next Post
Strayed elephants: Nigerian government hails community

Strayed elephants: Nigerian government hails community

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

How AfCFTA is driving sustainable development in Southern and Eastern Africa

How AfCFTA is driving sustainable development in Southern and Eastern Africa

4 hours ago
How TAAT Orange-fleshed sweet potatoes sparked a wellness movement

How TAAT Orange-fleshed sweet potatoes sparked a wellness movement

1 day ago
Calls for a Unified African Climate Agenda grows as CCDA XII ends

Calls for a Unified African Climate Agenda grows as CCDA XII ends

1 week ago
The Malaika potatoes

Potatoes bred at The James Hutton Institute will help to battle a major pest in Kenya, Experts say

2 weeks ago
13th Conference on Climate Change and Development in Africa opens in Addis Ababa

13th Conference on Climate Change and Development in Africa opens in Addis Ababa

2 weeks ago
Ghana: How TAAT is Growing Nutrition and Opportunities through Improved Vegetables

Ghana: How TAAT is Growing Nutrition and Opportunities through Improved Vegetables

2 weeks ago

Popular News

    Social Media

    ABOUT US

    Africa Climate Reports is Africa’s first and largest bilingual journal dedicated to opening new vistas in the coverage and reportage of climate change and the region’s environment. With a multi-lingual team of talented reporters from across the continent, we tell the African climate story in a refreshingly lucid, communally engaging and technically robust manner.

    SITE LINK

    • About
    • Advertise
    • Careers

    OTHER LINKS

    • About
    • Become a Climate Reporter
    • Send Us Your Report
    • Submit A News
    • Support Us
    • Privacy Policy
    • Contact Us

    NEWSLETTER

    Be the first to get notified when we have something new to share. Get Africa Climate Reports newsletter directly into your email.
    we promise not to spam you!
    • About
    • Advertise
    • Careers

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy

    No Result
    View All Result
    • HOME
    • CLIMATE CHANGE
    • SUSTAINABLE DEVELOPMENT
    • FOOD
    • FOREST
    • ENERGY
    • WASH
    • LAND
    • OTHERS
      • FINANCE
      • HEALTH
      • OCEANS
      • TOP STORIES
      • MOST POPULAR
      • COLUMNISTS
      • INTERVIEWS
      • OPINIONS
      • PHOTOS
      • VIDEOS

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy