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Bill Gates-backed Arnergy to expand solar access in Nigeria with $18M as demand surges

  • Arnergy is expanding solar access in Nigeria with $18 million in funding, having raised a total of $3 billion in the previous year, as reported by TechCrunch.
  • Demand for solar energy surged after President Bola Tinubu ended fossil fuel subsidies in May 2023, raising gasoline prices significantly.
  • Arnergy has deployed over 1,800 solar systems across 35 states and expects to install more than 12,000 systems by 2029 with the new funding.
  • Reliance Infosystems launched a masterclass in Lagos to promote AI literacy among business leaders, highlighting its significance in various sectors.
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TechCrunch broke the news in United States on Monday, April 14, 2025.
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