RIPLE

RIPLE, the NSIA: Nigeria Sovereign Investment Authority’s (NSIA) wholly-owned renewables subsidiary, has signed a Joint Venture (JV) agreement with PASH GLOBAL (PASH) to develop, invest in, and operate a 2.6MW solar PV plant with a 6MWh battery storage system. This solution will provide clean energy to a leading fully integrated agro-processing facility situated in Nasarawa State with the aim of completely displacing the facility’s reliance on diesel-based generation. The project, once completed, will ensure a cost-effective and reliable source of energy for the offtaker.   The collaboration with PASH demonstrates RIPLE’s commitment to providing energy solutions that optimize productivity and reduce carbon emissions as the Platform looks to support the transition to clean energy within Nigeria. For more information kindly visit: https://lnkd.in/drqPrUA9 #RIPLE #cleanenergy #renewableenergy #solarpower #sustainableenergy #batterystorage #energytransition #carbonreduction

The NSIA: Nigeria Sovereign Investment Authority (NSIA) recently participated in the 16th annual meeting of the IFSWF (International Forum of Sovereign Wealth Funds), hosted by the Oman Investment Authority, themed "Embracing Disruption and Searching for Resilient Futures.” Aminu Umar-Sadiq, MD & CEO NSIA, speaking at the panel session on “Investing in a Dynamic Policy Environment” alongside Udaibir Saran Das, Special Adviser IFSWF, Dhaen Al Hameli, ED, Core Portfolio, Abu Dhabi Investment Authority (ADIA), LIU Haoling, Vice Chairman, Pres. & CIO, China Investment Corporation and HH Dr. Adham Al Said, Asst. Prof. Sultan Qaboos University emphasized the critical need for adaptability, innovation, and resilience in today’s complex global investment landscape. He shared insights on navigating policy shifts and seizing emerging investment opportunities for long-term value creation. #NSIA #IFSWF #SWF #leadership #resilientfutures #investmentleadership #policy

The West Africa Energy Cooperation Summit (WA-ECS) is set to tackle project development bottlenecks across the #ECOWAS region and drive the sustainable energy development that West Africa needs 🌍 🗨 "As the developers behind Togo's first utility-scale renewable energy project, AMEA Power is excited to be part of this pivotal summit, and we anticipate fruitful discussions and solutions that will advance renewable energy in West Africa," Hussein Matar, Senior Director, AMEA Power - Lead Sponsor of WA-ECS. Leading developers from across the region speaking on the programme include:  ◾ Akin Omoboriowo II, Chairman & CEO, Genesis Energy ◾ Benjamin Memmi, CEO, Axian Energy Cluster   ◾ Theophilus Sackey, CEO, Cenpower Generation ◾ Ara Hovsepyan, CEO for Africa & Armenia, ContourGlobal ◾ Mansour TOURE-TIA, CEO, KEKELI Efficient Power (Eranove Group) ◾ Yusuf Umar, Managing Director & CEO, RIPLE Find out more about the full speaker’s line up for #WAECS24 >> https://bit.ly/3zfE4vv

The NSIA: Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation (NPI) is excited to announce that the top ten innovators from the second edition of the NSIA Prize for Innovation (NPI 2.0) have commenced the five-week, all-expenses-paid training programme at Draper University, Silicon Valley, USA. This training programme is designed to equip the innovators with relevant insights to optimise business outcomes, expand global networks, facilitate peer-to-peer knowledge exchange and accelerate the deployment of high-impact solutions with transformative impact.    The NSIA Prize for Innovation is the Authority’s multi-year commitment to identify and nurture home-grown talent with ideas to resolve domestic challenges. Through NPI, the Authority seeks to build a robust pipeline of innovative, home-grown solutions, close employment gaps, foster entrepreneurship, and strengthen the nation’s productive capacity.   Congratulations to the top ten innovators; Sycamore.NG, Kunda Kids, PaveHQ, VPay Africa, Betalife Health Service, Tribapay, Magic Lab Academy, Yalo Technologies, MaterialsPro, and Doktorconnect. #NSIA #PrizeForInnovation #NPI #Innovation #TechSolutions #Accelerator #InnovativeSolutions #Future #TechEnabled

The NSIA: Nigeria Sovereign Investment Authority (NSIA), in collaboration with White & Case LLP, Africa Finance Corporation (AFC), and African Export-Import Bank (Afreximbank) is proud to host the Food and Energy Security in Africa conference and workshop. This conference will feature high-impact panel sessions, stakeholder engagement sessions and pivotal discussions focused on food and energy security in Africa. Join us as we collaborate to proffer transformative food and energy solutions for Africa. To learn more and register your interest, visit: https://lnkd.in/dCdVrVme #NSIA #Nigeria #Africa #Foodsecurity #Energy

I was honored to have been hosted by the British Foreign Secretary - David Lammy and the High Commissioner to Nigeria Richard Montgomery in Lagos, where I shared insights on Nigeria’s promising energy future and how the elements are finally aligning. In my remarks, I touched on our growing partnership with the FCDO, our participation in the development of an Africa-wide battery manufacturing report, and highlighted what’s still needed to strengthen the Nigeria-UK energy/investment partnership. It was also a privilege to anchor an impactful roundtable on Nigeria’s energy future, centered around critical themes of decentralization, renewable energy investment, and supply chain localization. Together with government officials, private investors, and members of the DFI community, we explored how recent reforms and collaborative strategies can reshape Nigeria’s energy landscape. Our discussions underscored the transformative potential of embedded generation and mini-grids to enhance resilience and sustainability. Local content development too remains essential for building a viable industry. Today’s exchange of ideas affirmed that a coherent, growth-oriented electricity supply industry in Nigeria is within reach—if we stay the course. Thank you to everyone who contributed to enriching this discourse. RIPLE Sally Woolhouse Beth Davies-Kumadiro Chinua Azubike Caroline Eboumbou Benson Adenuga Oluwatosin Adenuga Dan Croft Yasmin Kamara-Osaghae Kemi Onabanjo Festus Goziem Okubor Frank Edozie

Earlier this week, on the sidelines of #UNGA and #NewYorkClimateWeek, I participated in a high-level workshop organized by the One Planet Sovereign Wealth Funds and ClimateWorks Foundation. The discussion centered on the crucial role of sovereign wealth funds, institutional investors, and governments in catalyzing clean energy partnerships across emerging markets and developing economies. During the session, I highlighted some of NSIA's renewable energy initiatives, including RIPLE and the Construction Finance Facility (which provides early-stage financing for climate projects including renewable energy projects). We also examined the critical imperatives for accelerating renewable energy investments in EMDEs—ranging from blended financing models and mini/off-grid solutions (to improve access in last-mile communities) to the need for strategic policy reforms and alignment of renewable energy investments with national energy transition plans. Always a pleasure to catch up with my OPSWF network family and connect with new people doing great things in the climate and energy transition space. #UNGA79 #NewYorkClimateWeek #OPSWF #EnergyTransition #EMDEs

Reflecting on an insightful panel discussion on Nigeria’s decentralized power sector at the AIX: Power & Renewables Conference 2024 in London. It was an honor to discuss the transformative role of renewables in reshaping our energy landscape, the investment climate, and the importance of developing local expertise and capacity. At RIPLE, we’re committed to driving projects that make renewable energy scalable and accessible while building a skilled workforce right here in Nigeria. Grateful for the opportunity to engage with brilliant minds and stakeholders who share a vision for a sustainable, energy-resilient Nigeria. Looking forward to further collaboration and impact as we work toward these ambitious goals! #AIX #Sustainability #Resilience

As we commemorate Nigeria's Independence, we proudly celebrate our rich cultural heritage and diverse traditions that have shaped our journey. Happy Independence Day, Nigeria! #HappyIndependence #NigeriaIndependenceDay #NSIA

Today, we celebrate our nation's resilience, growth, and boundless potential. Happy Independence Day, Nigeria 🇳🇬 #HappyIndependence #NigeriaIndependenceDay #RIPLE