Foreign Investment Bolsters Africa's Energy Sector Growth Amidst Power Challenges | Akin Akinfemiwa, CEO, Geregu Power PLC. 00:10:00
The discussion highlights a significant strategic investment in Garygo Power PLC by Fida, Africa's export-import bank's development impact investment platform, marking the first major foreign investment in the Nigerian electricity company listed on the NGX. The CEO of Garygo Power PLC discusses the implications of this transaction and outlines the company's ambitious expansion plans, emphasizing a focus on maximizing hydrocarbon potential while acknowledging the ongoing debate surrounding energy transition and renewable energy in Nigeria's power sector.
