All On And USADF Announce Nine Finalists For The $100k 2020 Nigeria Off-Grid Energy Challenge
The US African Development Foundation (USADF) and All On today announced that nine wholly African-owned enterprises have emerged as finalists for the 2020 Nigeria Off-Grid Energy Challenge.
The winners of the third edition of the Challenge are Allbase Global Technology, Ashdam Solar Company, Covenant Plus Engineering, Green Acres Microfinance Bank, Reeddi Technologies, Salpha Energy, Solarworld Alternative Energy Resources, Sunhive Limited and Vesselnet Integrated Services Limited.
All nine enterprises will be awarded $25,000 in grant capital from USADF, $25,000 in grant capital from All On via its support from the Rockefeller Foundation through the All On Hub and $50,000 in convertible debt from All On. In addition to funding, the winners will receive technical assistance from USADF and governance support from All On.