By Atoyebi Nike
Salpha Energy has secured a ₦2 billion investment from All On, a Shell-backed impact investment company, to expand clean energy access across Nigeria’s off-grid communities.
In a statement on Tuesday, Salpha said the funding would help grow its operations, widen its solar product range, and scale up its solar assembly facility to meet rising demand.
The deal marks a major step for the company, which has already impacted more than two million lives in Nigeria with its off-grid solar solutions.
Caroline Eboumbou, CEO of All On, said the partnership reflects the company’s commitment to solving Nigeria’s long-standing energy access challenges. “We’re proud to provide local currency financing to support local innovators like Salpha Energy. This aligns with our mission to back Nigerian companies driving impact,” she said.
Salpha’s CEO, Sandra Chukwudozie, described the investment as a “huge step forward” in the company’s mission to deliver solar systems designed and assembled in Africa.
“It’s not just about electricity. It’s about dignity, productivity, and opportunity for the over 600 million people across Sub-Saharan Africa who are still off-grid,” she said.
Salpha’s product line includes solar systems ranging from 150 watts to 100 kilowatts, all integrated with battery storage and smart inverters. These systems support lighting, refrigeration, ventilation, and medical equipment in schools, health centres, and small businesses in underserved communities.
“This partnership is about more than business—it’s about empowering people and driving sustainable development through clean, reliable energy,” the statement concluded.
