Our impact
Nigeria has the largest absolute energy deficit in sub-Saharan Africa, and the second largest in the world. There are 80 million Nigerians without electricity and millions more have access to less than 6 hours a day.
By providing cheaper, reliable and clean power to heavily under-served segments of the market in Africa, SOLAD has a catalytic social and economic impact on our communities while contributing to significantly reduced carbon emissions and cleaner environments.
expanded responses
Frequently Asked Questions
Economic
SMEs make up 96% of Nigerian businesses, nearly 50% of GDP and 84% of employment. The Nigerian Association of Small and Medium Enterprises (NASME) say that access to electricity is the single biggest challenge facing SMEs across the country. Estimates suggest that the power problems in Nigeria constrain annual GDP growth by more than 2%.
Our solutions are proven to enable longer trading hours, increased sales, reduced costs and so higher margins, higher occupancy levels in markets and significant job creation, supporting economic development at the grassroots.
Social
We focus on under-served communities, whose lack of access to electricity significantly limits their wider participation in the economy and their access to social services.
By prioritising renewable solutions we significantly reduce their exposure to pollutants, and our specific focus on connecting social infrastructure to reliable power means we can enhance their access to the services they desperately need.
Environmental
We prioritise renewable energy solutions across our portfolio, supporting the transition to clean energy.
To calculate how much carbon our projects can save you click here.....
Carbon emission calculator