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Financing Source: Niger Delta Off Grid Energy Fund
From energypedia
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
Further information
