Renewable energy investor All On has pledged to scale up funding and innovation to drive clean and sustainable power across Nigeria, with a special focus on underserved rural communities.
The commitment was made during its “Decade of Impact” celebration and the All On @10 Hackathon held in Lagos, an event designed to nurture the next wave of clean energy entrepreneurs in the country.
Speaking at the event, Chief Executive Officer Caroline Eboumbou said the firm has spent the last 10 years backing people, businesses and partnerships working to expand energy access nationwide.
“For a decade we have invested in the ecosystem. As we look ahead, the next phase will be shaped not just by the capital we deploy, but by the innovators we support,” Eboumbou stated.
She described All On as Nigeria’s leading impact investment company in the energy access space. The company was seeded by Shell to grow the off-grid market and deliver affordable, reliable and sustainable power to low-income households and small businesses.
Beyond funding, All On provides debt, equity and technical support to Nigerian energy companies aligned with its goal of closing the country’s energy gap through renewables.
As part of the anniversary, the firm convened students from the University of Lagos, Lagos State University, Yaba College of Technology and other institutions for the hackathon.
Participants were split into six multidisciplinary teams tasked with developing and pitching practical clean energy solutions for healthcare, education, agriculture, fisheries, cold-chain logistics and productive energy use.
The company said the goal was to spur innovation, collaboration and entrepreneurship, and to challenge young people to build ideas that are technically solid, commercially viable, financially sustainable, digitally driven and socially impactful.
The winning team, “Current Creators,” made up of students from the participating schools, clinched the top prize with “ColdLink.”
The concept is a digital platform for renewable-powered cold-chain logistics. It integrates real-time monitoring, predictive analytics, fleet management and energy performance tracking.
According to the judges, ColdLink showed how digital tools can cut post-harvest losses, improve cold-chain efficiency and strengthen the sustainability of clean energy infrastructure.
All On said initiatives like the hackathon are central to building the talent and ideas needed to power Nigeria’s clean energy future over the next decade.
