Shell-backed impact investment company All On has channelled more than $40 million into Nigeria’s clean energy sector since its 2016 launch, expanding renewable power access for over a million people.
Speaking at the 2025 Lagos Chamber of Commerce and Industry International Business Conference & Expo, chairman of All On and managing director of Shell Nigeria Exploration and Production Company (SNEPCo), Ronald Adams, showcased the company’s progress.
Expanding Solar Capacity
Since inception, All On has funded more than 50 projects, which now supply solar power to 1.2 million Nigerians across 190 communities.
Together, these projects deliver 23 megawatts of installed solar capacity.
Adams urged investors to act with urgency, saying: “The opportunity in Nigeria is real.
The needs are urgent.
Read Also: Abuja, Lagos, Rivers Drive 70% Of Nigeria’s Air Transport Output – NBS
And the ecosystem is vibrant.
Now is the time to invest, not just in businesses, but in Nigeria’s future—a future that is inclusive, sustainable, and resilient.”
Backing Startups And Scaling Impact
To build that future, All On has steadily grown its portfolio.
In early 2024, it invested $3 million in Arnergy, which later attracted $18 million in a Series B round.
Earlier this year, it injected ₦2 billion into Salpha Energy to expand its solar assembly plant.
Soon after, it backed energy-monitoring firm enee.io with $250,000 to scale its technology.
Beyond financing, All On has strengthened adoption of off-grid solar and energy-efficient solutions by launching initiatives such as the Demand Aggregation for Renewable Technology (DART) and the Distributed Access to Renewable Energy Scale-Up (DARES).
Nearly a decade on, the company continues to push boundaries, driving clean energy growth and advancing Nigeria’s transition to a sustainable future.
