Daystar Power and Bank of Agriculture partner for rural electrification project in Nigeria

By professo

Daystar Power, the electricity supplier, and Bank of Agriculture, the Nigerian bank, have joined a comprehensive cooperation to electrify rural Nigeria.

The partnership will see Daystar Power install and operate solar power systems in the bank’s 158 locations, as well as rural areas in the country.

This will allow the bank’s branches to be supplied with renewable power and supply energy to rural sites, as part of the Bank of Agriculture’s continued focus on rural development.

“In Nigeria there is a large gap between electricity production and demand,” remarked Christian Wessels, Managing Director at Sunray Ventures, owner of Daystar Power.

SEE ALSO:

“The rural population in particular suffers from a lack of reliable electricity supply, which has a negative impact on agricultural productivity.”

“By supplying Nigeria's population with clean solar power, Daystar Power enables increased productivity and higher crop yields through better cooling. In this way we contribute to increasing prosperity for the local population.”

“The Nigerian government has set itself a target of 30% of renewable energies in the national energy mix by installing new solar plants with a capacity of 30 GW by 2030,” stated Kabir Mohammed Adamu, Managing Director and CEO of the Bank of Agriculture.

“Our cooperation with Daystar Power will help us achieve this goal.”

Share

Featured Articles

Age of the CISO – a new chapter for cyber security

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the new age of the CISO

Exclusive: Making the UAE a global force in cybersecurity

His Excellency Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government, on plans to build the world’s most secure digital society for a safer society

UAE cyber leaders – back to basics to prepare for the future

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the future of cybersecurity

Top 10: Procurement & Supply Chain LIVE speaker highlights

Leadership & Strategy

10 apps to improve wellbeing on World Mental Health Day

Leadership & Strategy

Meet the COO: Brook Sims of MAC Diversity Recruiters

Leadership & Strategy