Over 1m lives transformed through clean energy access – All On’s report

All On, a leading impact investment company focused on expanding clean energy access in Nigeria, has revealed that its investment in clean and renewable energy has impacted on one million Nigerians. This was contained in its Impact Evaluation Report 2025, saying the number of people were impacted through increased access to reliable, affordable, and sustainable […]

All On, a leading impact investment company focused on expanding clean energy access in Nigeria, has revealed that its investment in clean and renewable energy has impacted on one million Nigerians.

This was contained in its Impact Evaluation Report 2025, saying the number of people were impacted through increased access to reliable, affordable, and sustainable energy solutions.

During the report evaluation period between 2018 and 2024, All On invested in over 50 clean energy businesses and provided grants and technical assistance to more than 80 enterprises.

The interventions, it stated, connected over 230,000 households, businesses, and public facilities to reliable energy solutions, while strengthening the operational capacity of energy providers and improving affordability and service reliability for end users.

The report highlights significant social and environmental outcomes arising from cleaner energy adoption.

Half of supported households reported improved air quality, enhanced safety, and reduced noise pollution, contributing to better health outcomes and improved quality of life, alongside measurable environmental benefits.

Prior to the commencement of All On’s operations in 2016, nearly half of Nigeria’s population lacked access to electricity, and the sector faced an estimated 92 percent annual funding gap.

Chief Executive Officer of All On, Caroline Eboumbou, said, “This report confirms that our approach is delivering real results. By combining patient capital, technical assistance, and ecosystem support, we are enabling scalable and sustainable energy solutions for Nigeria’s unserved and underserved communities,” she said. “While the progress to date is encouraging, our work is far from done. As we look toward 2030, we remain committed to deepening our impact and creating even more meaningful connections across Nigeria.”

 

Beyond individual investments, All On stated that it contributed to broader market transformation.

 

Since 2018, the number of active energy players in Nigeria has doubled, while total sector investment has nearly tripled, growing from $90 million to over $250 million.

The company stated that it plans to scale proven models, strengthen local capacity, and expand its reach—particularly in underserved regions such as the Niger Delta.

With a strong track record and a clear roadmap, the organisation is well positioned to drive the next phase of Nigeria’s clean energy transition.