BII Backs Okra With $7m To Bring Clean Power To 750,000 Nigerians

British International Investment (BII), has announced a $7 million debt facility to Okra Solar, a provider of mesh-grid technology for off-grid communities, to accelerate access to reliable and clean electricity, primarily in Nigeria.
Nigeria has one of the world’s largest electricity access deficits, with an estimated 90 million people lacking reliable and affordable power. Many live in small, dispersed communities where conventional mini-grids can be costly to deploy, while solar home systems may not provide sufficient power for businesses and other productive uses.
Mesh-grids are designed to help address this gap. They combine solar generation, battery storage and smart controls, a...