The Central Bank of Nigeria is leading a consortium of four banks to finance the clean energy project of TellCo Europe Nigeria to end the country’s energy poverty.
According to its Managing Director/Chief Operating Officer, Mr Victor Fodeke, who disclosed this to Daily Sun on Thursday in Lagos, the lenders are Bank of Industry, Zenith Bank, United Bank for Africa and First City Monument Bank.
The company launched its off-grid solar power solutions last month in Lagos to help create jobs through Micro, Small and Medium Enterprises. Fodeke explained that many banks have approached the company to lend a helping hand for the project, while many more would soon join the partnership.
Source: The Sun
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