Salpha Energy, a Nigerian solar company dedicated to bringing electricity to underserved and off-grid communities, has secured a ₦2 billion (USD 1.26 million) investment from impact investor All On.

The funding will fuel Salpha’s expansion, enabling it to grow its range of solar products and scale up its locally operated assembly facility—currently the only female-led solar home system plant in Sub-Saharan Africa.

“This capital raise marks a major milestone in our mission to deliver solar solutions that are designed, assembled, and optimized right here in Africa,” said Sandra Chukwudozie, Salpha Energy’s CEO and founder.

Based in Lagos, Salpha Energy provides solar energy systems ranging from 150 watts to 100 kilowatts. These kits come with integrated battery storage and smart inverters to support critical needs like lighting, refrigeration, ventilation, and even medical equipment. To date, Salpha’s solar systems have reached over 2 million Nigerians.

The investment from All On—an energy impact investment company backed by Shell—will provide both financial and strategic support to strengthen Salpha’s market presence and accelerate access to clean, reliable energy in off-grid regions.

All On supports local energy businesses through a mix of debt, equity, and non-financial resources, helping to drive innovation in Nigeria’s growing renewable energy sector.

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Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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