Nigeria’s local solar manufacturing capacity has received a major boost, as impact investment company All On announced a N2 billion investment in Salpha Energy, a clean energy firm pioneering solar solutions for underserved communities.

The funding will help scale Salpha’s operations, diversify its product range, and expand its female-led solar home system assembly facility — the only one of its kind in Sub-Saharan Africa.

“All On is happy to provide local currency financing to help local industries solve the long-standing industry currency mismatch risk,” said Caroline Eboumbou, CEO of All On, during the signing ceremony.

“This investment aligns directly with our mission to bridge the access-to-energy gap in Nigeria by backing indigenous companies that are innovating for impact.”Eboumbou hailed Salpha Energy not only for its clean energy innovation but also for advancing gender inclusion in the sector.

“This is how we create jobs, build resilience, and accelerate progress toward universal energy access.”Salpha’s solar systems — ranging from 150Wp to 100kWp with integrated battery storage and smart inverters — have already impacted over 2 million Nigerians, supporting schools, clinics, micro-enterprises, and households in off-grid and underserved areas.

Founder and CEO of Salpha Energy, Sandra Chukwudozie, described the investment as a “huge step forward.”“This capital raise is not just about access to electricity — it’s about dignity, productivity, and opportunity for the over 800 million people across sub-Saharan Africa who are still off-grid,” she said.

“We’re powering homes and businesses with products designed, assembled, and optimised right here on the continent.”With this partnership, Nigeria inches closer to building a stronger, locally-driven clean energy ecosystem capable of closing its massive electricity access gap.