Economy National

Rensource secures $20 million to power Nigerian SME productivity

The funding round was co-led by existing investors CRE Venture Capital and the Omidyar Network, with participation from Inspired Evolution, Proparco, EDPR, I&P, Sin Capital, and Yuzura Honda. According to Adesina, “simultaneously greening and decentralizing its power infrastructure is the only way to navigate Nigeria out of its current state of energy poverty. “Pursuing this with a focus on the millions of small-businesses that […]