A major impact investment firm has announced that its work in Nigeria's clean energy sector has positively transformed the lives of more than one million citizens. All On, a company dedicated to expanding access to sustainable power, detailed these achievements in its recently released Impact Evaluation Report for 2025.
Strategic Investments Drive Widespread Access
The report, which covers the period from 2018 to 2024, shows that All On invested in more than 50 clean energy businesses across Nigeria. Furthermore, the company provided crucial grants and technical assistance to over 80 enterprises. These targeted interventions enabled a significant milestone: over 230,000 households, businesses, and public facilities gained access to reliable electricity for the first time.
This progress is critical in a country where, prior to All On's operations beginning in 2016, nearly half of the population lived without power. The energy sector also struggled with a massive funding shortfall, estimated at 92 percent annually. To bridge this gap, All On deployed catalytic capital and innovative financing tools to stimulate private sector involvement and push the nation closer to universal energy access.
Tangible Social and Environmental Benefits
The impact extends far beyond simply switching on lights. The evaluation highlights profound social and environmental improvements. Notably, half of the supported households reported better indoor air quality, enhanced safety, and reduced noise pollution. This shift away from polluting fuels like kerosene and diesel generators directly contributes to improved health outcomes and a higher overall quality of life for families.
Caroline Eboumbou, CEO of All On, stated, "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."
Catalyzing Market Growth and Future Plans
All On's influence has also helped strengthen the entire clean energy market. Key programs like the Demand Aggregation for Renewable Technology (DART) initiative slashed procurement costs for partner businesses by up to 50%, allowing for faster expansion and lower prices for end-users.
The broader market impact is clear:since 2018, the number of active energy players in Nigeria has doubled, and total sector investment has surged from $90 million to over $250 million. Companies backed by All On credit the support with boosting their visibility and credibility, which in turn unlocked further financing and partnerships.
Looking forward, All On plans to expand its successful models, build more local capacity, and target underserved regions, with a particular focus on the Niger Delta. "While the progress to date is encouraging, our work is far from done," Eboumbou added. "As we look toward 2030, we remain committed to deepening our impact and creating even more meaningful connections across Nigeria."
