Fidelity bank banner Camano banner
EU to launch €30m energy investment fund in Nigeria

By Raji Rasak on 06/03/2019

Views: 356


The European Union (EU) says it will launch a 30 million Euro sustainable energy investment fund in Nigeria.

Mr Adekunle Makinde, a former National Chairman, Nigerian Institute of Electrical and Electronics Engineers (NIEEE) and co-Chairman of the forum, made this known on Thursday in Lagos.

Malinda said in a statement that the launch was part of the activities to mark the upcoming Nigeria Energy Forum (NEF) 2019.

He said that Ms Carla Montesi, Director of West and Central Africa, European Commission Department for International Cooperation and Development would launch the EU-funded Electrification Financing Initiative’s (ElectriFI) Nigeria Funding Window.

Makinde also said that Montesi was expected to make a keynote presentation at the conference.

“The forum will provide up to 30 Million Euro investment for off-grid and captive power projects in Nigeria.

“NEF 2019 will also focus on achieving the Sustainable Development Goal 7 and how to facilitate investments in sustainable electrification, grid modernization and digital energy technologies.

“The Forum, which will hold from April 9 to April 10 at the Admiralty Centre, Naval Dockyards, Victoria Island, Lagos, will have as keynote speakers, Prof. James Momoh, Chairman, Nigerian Electricity Regulatory Commission (NERC).

“Others are Dr Weibe Boer, Chief Executive Officer (CEO) All On; and Engr. John Funso-Adebayo, NIEEE National Chairman,” he said.

The forum Chairman, Dr Oluwole Adeuyi, said that NEF 2019 would address key themes pertinent to mobilising local and foreign investments for sustainable energy development in Nigeria.

According to Adeuyi, the forum will feature over 3 top-class hands-on capacity building workshops on Making Bankable Energy Projects, by the Sterling Bank.

“Others are Electrification Finance Initiative (ElectriFI) Nigeria Window Launch, an EU-funded project; and Ghana-Nigeria Climate Innovation Exchange, by GhCIC, Ghana.

“Over 250 participants are expected to attend seven different technical, investment and training sessions, acquiring new skills through practical exposure to modern energy technologies, engage with expert speakers, exhibitors and training providers,” he said. (NAN)

Source News Express

Posted 06/03/2019 6:13:03 PM

 


 

CLASSIFIED ADS

 

You may also like...
Police arrest 2 masquerades over robbery

AMAECHI FLOORS OPPOSITION •Supreme Court throws out Omehia’s...

Wike orders prosecution of two APC chieftains for...

Ban on unsolicited text messages effective from today...

Minister tasks Government Information Managers on challenges of...

Buhari woos international tourists, investors as UNWTO-CAF opens...

MASSACRE: 50 Boko Haram warriors storm Borno village,...

Veteran actor Kasimu Yero is dead

Niger Delta militants deal 2016 Budget a heavy...

OAAN floors JC Decaux in battle against illegal...

Roy Jones Junior suffers another crushing KO loss...

Buhari, Dogara, Fayose praise Tinubu at 64

 

Latest News European Union writes Buhari on Nigeria’s democracy Adeleke’s Victory: Any hope for Atiku at Presidential Election Tribunal? Ogoni Ethnic Nationality declares Amaechi, Emma Deeyah, Victor Giadom, George Feyii, Greg Nwidam, Eric Nwibani, others, persona-non-grata Kano Guber War: APC slams PDP El-Rufai reveals what will happen to those who voted against him during Kaduna governorship election Boko Haram: I slept in tents to inspire my people to return — Emir The martyrs of Rivers polls 103 make First Class in Open University APC planning to arrest our leaders in Bauchi — PDP End of the road for ISIS terrorists Boko Haram: Chad fires Military Chief over death of 23 soldiers Group hails court order on arrest of top APC politicians in Bayelsa, insists no election in Brass, Nembe

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (461,388 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (410,665 views) Shameless Genevieve Nnaji exposes breasts in public (346,699 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (297,502 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (261,767 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (236,632 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (222,768 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (204,466 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (192,839 views) 10 cars more expensive than Jets (177,954 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (177,008 views) Lagos plane crash: Journalist releases victims’ names (175,891 views)

 

NLNG call for entries

CBN banner

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (81) Business & Economy (4,097) Business Verdict (60) Columnists (1,008) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (598) Features (725) Global Business Monitor (327) ICT Monitor (27) International (3,209) Interview (174) Live Commentary (28) Love Matters (153) Maggie's Blog (194) News (44,155) Opinion (1,206) Pidgin (17) Politics (10,327) Religion (962) Sports (1,927) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera