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All On, USADF sign $10m deal for off-grid energy access

To commemorate the renewal, a signing ceremony was recently held in New York, attended by All On Chief Executive Officer, Caroline Eboumbou and the USADF President and CEO, Travis Adkins, alongside representatives from both organisations.

“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 programme will drive the localisation of the energy value chain,” the statement read partly.

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The initial cycle of the challenge was said to have delivered $3.6m in blended finance to 36 companies that have since established over 100,000 connections, improving more than 500,000 lives through access to clean energy.

The USADF President and CEO of Travis Adkins, stated, “Our collaboration with All On has shown the transformative impact of off-grid energy solutions in improving lives and livelihoods in rural and underserved regions of Nigeria. We are excited to continue this partnership’s important work, advancing clean energy technologies while addressing essential needs like health, education, gender inclusion, and economic empowerment.