All On Invests ₦2 Billion in Salpha Energy to Scale Local Solar Assembly and Expand Access to Clean Energy in Nigeria

This strategic investment marks a significant milestone in Salpha’s mission to power off-grid and under-electrified households, businesses, and institutions across the country. The funding will be deployed to scale Salpha’s operations, expand its product portfolio, and strengthen its local solar assembly facility—the only female-led solar home system assembly plant in Sub-Saharan Africa.

Salpha’s local assembly plant enables increased control over design, technical optimization, and quality assurance, ensuring that solar technologies are tailored to meet the specific energy needs of African consumers. The company’s turnkey solar systems—ranging from 150Wp to 100kWp and integrated with battery storage and smart inverters—have already impacted over 2 million lives across Nigeria. These solutions support vital services such as lighting, refrigeration, ventilation, and medical equipment in primary healthcare centers, micro-enterprises, schools, and other critical infrastructure, especially in off-grid and weak-grid areas.

Speaking at the signing ceremony, Caroline Eboumbou, CEO of All On, said:

“All On is happy to provide local currency financing to support local industries to solve the long-standing industry currency mismatch risk. But more importantly, 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. Salpha Energy is not only delivering reliable, affordable, and sustainable solar solutions to communities, but also leading the charge in local manufacturing and female-led clean tech innovation. This is how we create jobs, build resilience, and accelerate progress toward universal energy access.”

Founded with a vision to democratize energy access across Africa, Salpha Energy continues to lead the charge in enabling “Energy Freedom” for millions.

Sandra Chukwudozie, Founder and CEO of Salpha Energy, stated:

“This capital raise is a huge step forward in our vision to power homes and businesses with products designed, assembled, and optimized right here on the continent. It’s not just about access to electricity—it’s about dignity, productivity, and opportunity for the over 600 million people across sub-Saharan Africa who are still off-grid.”

With this investment, All On reinforces its commitment to empowering local entrepreneurs, enhancing clean energy value chains, and building an inclusive energy future—one solution, one community at a time.

About All On:

All On Partnerships for Energy Access (All On), an independent impact investing company, was seeded by Shell to catalyze the growth of Nigeria’s off-grid energy market to provide affordable, reliable, and sustainable energy for low-income households and small businesses.

All On provides debt and equity funding, as well as non-financial support, to Nigerian energy companies that align with its mission of closing Nigeria’s access-to-energy gap through renewable energy solutions. Visit https://www.all-on.com/ to learn more. For media enquiries, contact communications@all-on.com

About Salpha:

Salpha Energy is a female-founded clean energy company committed to delivering affordable and reliable solar power to underserved communities across Africa. The company operates one of Sub[1]Saharan Africa’s only female-led solar home system assembly plants, enabling greater control over quality, design, and local job creation. Salpha’s mission is to accelerate energy access by domesticating the solar value chain and driving a just, inclusive energy transition. Learn more at www.salphaenergy.com

For media enquiries:

Onyebuchi Odianjo,

Communications Associate

communications@all-on.com