Firm unveils Light4Africa app to improve renewable energy financing

A financial solution provider, OSM-FINC Limited, is set to unveil a digital platform, Light4Africa, to finance uninterrupted power supply for Nigerians and Small and Medium Enterprises (SMEs).

The firm noted that most households and SMEs in Africa, despite the paucity of electricity are always on the lookout for ways to save money on energy consumption. According to a statement issued by the Chief Responsibility Officer of the firm, Mrs. Omolara Onuwa-Abiamuwe, “Light4Africa is a renewable energy financing platform designed to ease energy-financing problems for households, SMEs and rural communities in Nigeria and Africa in general.”

She noted that one of the best ways to save money in a sustainable manner is by investing in renewable energy especially solar power. “The Light4Africa platform enables registered customers to access financing for their solar bundles with outputs ranging from 0.8VA – 10KVA through arrangements such as purchase, save to purchase, fixed payment purchase, lease to purchase and power consumption agreement.”

Source: The Nation

Share

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...