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World Bank backs Nigeria’s $300 million off-grid power fund with initial $25 million as Africa races to connect 300 million people

World Bank backs Nigeria’s $300 million off-grid power fund with initial $25 million as Africa races to connect 300 million people — the desk wire, 22 September 2026. Nigeria has commercially launched a $300 million renewable-energy fund aimed at attracting private investment into mini-grids, standalone solar systems and other electricity projects that can operate beyond the country’s traditional power network.

Updated 22 September 2026 · First published 22 September 2026

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    World Bank backs Nigeria’s $300 million off-grid power fund with initial $25 million as Africa races to connect 300 million people