All On Partnerships for Energy Access (All On) and the United States African Development Foundation (USADF) have renewed their partnership to expand off-grid energy access in Nigeria, with a focus on underserved communities.
Building on the success of their collaboration from 2017 to 2022, this new initiative will see both organisations commit a combined $10 million over the next three years to support innovative, African-owned businesses providing sustainable energy solutions.
To commemorate the renewal, a signing ceremony was held in New York, attended by All On CEO, Caroline Eboumbou and USADF President and CEO, Travis Adkins, alongside representatives from both organisations.
The ceremony marked a significant step forward in their joint mission to drive increased energy access and socio-economic development in Nigeria.
Through the All On-USADF Nigeria Energy Challenge, the partnership will continue investing in off-grid energy companies to increase access to clean energy for low-income communities, while contributing to Nigeria’s socio-economic development.
The program will drive the localization of the energy value chain. The initial cycle of the challenge delivered US$3.6 million in blended finance to 36 companies.
