Britain plans to boost investments in renewable and climate change projects in Nigeria and will provide 10 million pounds ($13.6 million) of support, Minister for Africa Vicky Ford said on her first trip to the country.

Power demand in Nigeria vastly outstrips supply, meaning its 200 million inhabitants must either go without, or rely on expensive, fume-belching generators.

Nigeria has capacity to produce an estimated 7,000 megawatts (MW) of power, but due to weak infrastructure, gas supply problems and water shortages only a little more than half of that reaches the national grid.

Britain to Raise Nigerian Renewable and Climate Change Investments | Devamı>>>

Akfen Renewable Energy was ranked 46th among 4914 companies in the world, receiving an A1 grade out of 67 points in the sustainability report prepared by Vigeo Eiris, which was established as a company of the international rating agency Moody’s to inform asset managers and investors.

In the Vigeo Eiris report, it was pointed out that Akfen Renewable Energy’s energy production from entirely renewable sources contributes to the sustainable development goals of the United Nations on appropriate and clean energy, sustainable consumption and production, and climate action.

‘Akfen’ Is Among the Top 50 Companies in the World in Sustainability | Devamı>>>