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Season 8
Can Solar Power Solve Nigeria's Energy Crisis?
Nigeria’s energy crisis has persisted for decades. Africa's largest country is largely powered by fuel generators. They're noisy, dirty, and bad for the environment. But they also provide power to millions of people in a country with an unreliable grid.
The removal of Nigeria's long-standing fuel subsidy in 2023 caused the price of fuel to quadruple, leaving Nigerian consumers searching for options. And many are going solar.
So while economic considerations have largely driven Nigeria's transition to solar power, it has positive climate implications too.
But why is the grid so broken? How can it be fixed? And is decentralized solar energy an adequate solution to solve Nigeria's energy crisis?
The removal of Nigeria's long-standing fuel subsidy in 2023 caused the price of fuel to quadruple, leaving Nigerian consumers searching for options. And many are going solar.
So while economic considerations have largely driven Nigeria's transition to solar power, it has positive climate implications too.
But why is the grid so broken? How can it be fixed? And is decentralized solar energy an adequate solution to solve Nigeria's energy crisis?
00:00 - To know Nigeria is to know blackouts
01:28 - How Nigeria is powered today
02:11 - Why the grid is broken and how to fix it
05:17 - Nigerians are making the switch to solar
09:12 - The need for climate resilience
01:28 - How Nigeria is powered today
02:11 - Why the grid is broken and how to fix it
05:17 - Nigerians are making the switch to solar
09:12 - The need for climate resilience
Check out more episodes of The Greenprint: https://theflip.africa/the-greenprint
This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.
Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale.
Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.
Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.
This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.
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