Nigeria Moves To Scale Off-Grid Power With $83m IFC Support

Nigeria’s off-grid power developers have secured approximately $83 million in International Finance Corporation (IFC)-backed financing under the Distributed Access through Renewable Energy Scale-Up (DARES) programme. The agreements were signed on the sidelines of the World Bank Group and IMF Spring Meetings 2026. The financing will support an initial group of Nigerian renewable energy companies deploying

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