All On, an impact investment company funded by Shell, highlights that it has committed over $40 million to clean energy efforts in Nigeria since its inception in 2016.
This is according to Ronald Adams, the company’s chairman. Adams doubles as the managing director of Shell Nigeria Exploration and Production Company (SNEPCo). He noted while giving the keynote address at the just concluded 2025 Lagos Chamber of Commerce and Industry (LCCI) International Business Conference & Expo.
According to Adams, All On has invested in over 50 initiatives that have provided clean energy access to about 1.2 million Nigerians across 190 communities. He highlighted initiatives such as the Demand Aggregation for Renewable Technology (DART) and the DARES programme.
The company’s investments have led to over 23 MW of installed solar energy capacity across Nigeria. Some of its investees include Arnergy, where All On invested $3 million in January 2024. Since then, Arnergy has gone on to raise $18 million in a Series B funding round.
One of its recent ventures was a N2 billion investment in Salpha Energy. The fund was channelled towards helping Salpha scale its solar assembly plant. And in a more recent venture, All On invested $250,000 in enee.io, a tech firm that specialises in advanced energy monitoring systems.
Read More: All On backs solar firm Salpha with N2bn investment to expand electricity access – Businessday NG
Speaking on the opportunity window available to investors during the LCCI expo, Adams noted,
“The opportunity in Nigeria is real. The needs are urgent. And the ecosystem is vibrant. Now is the time to invest, not just in businesses, but in Nigeria’s future, a future that is inclusive, sustainable, and resilient.”
