The Flip

Can Solar Power Solve Nigeria's Energy Crisis?


Listen Later

Nigeria’s energy crisis has persisted for decades. Africa's largest country is largely powered by fuel generators. They're noisy, dirty, and bad for the environment. But they also provide power to millions of people in a country with an unreliable grid. 

The removal of Nigeria's long-standing fuel subsidy in 2023 caused the price of fuel to quadruple, leaving Nigerian consumers searching for options. And many are going solar. 

So while economic considerations have largely driven Nigeria's transition to solar power, it has positive climate implications too.

But why is the grid so broken? How can it be fixed? And is decentralized solar energy an adequate solution to solve Nigeria's energy crisis?


00:00 - To know Nigeria is to know blackouts
01:28 - How Nigeria is powered today
02:11 - Why the grid is broken and how to fix it
05:17 - Nigerians are making the switch to solar
09:12 - The need for climate resilience


Check out more episodes of The Greenprint: https://theflip.africa/the-greenprint


This episode of The Greenprint was produced in partnership with Catalyst Fund, Delta40, and Africa Climate Ventures.


Delta40 is a venture studio and venture capital fund supporting diverse founders leading ventures in energy, agriculture, and fintech, with a special focus on supporting African and female entrepreneurs. Beyond capital, they provide hands-on support from experienced operators & investors to drive growth from idea to pan-African scale. 


Africa Climate Ventures is a pioneering venture builder working to build a portfolio of climate businesses on the continent. ACV invests to bring proven global climate technology to Africa, accelerate and de-risk the continental expansion of technologies and business models that have gained traction in one or a few African market(s), and add carbon revenue streams to existing African businesses with the potential to scale climate-positive solutions.


Catalyst Fund is a venture capital fund and venture builder, investing for a climate resilient future in Africa. They combine capital and a hands-on venture-building approach at the pre-seed stage, to partner with visionary founders who are developing climate adaptation solutions that enhance the resilience of communities and the planet.


This episode is made possible through a partnership with Prosper Africa’s Catalytic Investment Facility. Aimed at boosting investment and innovative climate adaptation and resilience ventures across Africa, The Catalyst Fund is one of the grantees under Prosper Africa's Catalytic Investment Facility. Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.


Our Links -
🎥 YouTube - https://youtube.com/@TheFlipAfrica
💻 Website - https://theflip.africa
🐦 Twitter - https://twitter.com/theflipafrica
👥 LinkedIn - https://www.linkedin.com/company/theflipafrica/
📸 Instagram - https://instagram.com/theflipafrica

...more
View all episodesView all episodes
Download on the App Store

The FlipBy The Flip Media

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

19 ratings


More shows like The Flip

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,285 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

533 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,682 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,091 Listeners

The Money Show by Radio 702

The Money Show

33 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

181 Listeners

Founders by David Senra

Founders

2,162 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

337 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,988 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

225 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

Investec Focus Radio SA by Investec

Investec Focus Radio SA

7 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

349 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

182 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,420 Listeners