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RECP Trade Mission to Nigeria

RECP Trade Mission to Nigeria

State 

completed

Date 

2 April, 2017 to 6 April, 2017

Country 

Nigeria

Region 

West Africa

Summary

As Africa’s most populous country, Nigeria has an overall country electrification rate of 45%. Only 4% of the total energy consumed by Nigerian industries originates from grid-connected electricity, whereas 96% stems from self-produced electricity. Reducing the dependency on fuel and building renewable energy markets are essential to improving the profitability of Nigeria’s companies.

From 2 to 5 April 2017, the Africa-EU Renewable Energy Cooperation Programme (RECP) organized a trade mission to Nigeria which brought together project developers, manufacturers, service providers, consultants, regulators, and financial institutions from both Africa and Europe to support the development of a renewable energy market in Nigeria. European companies and/or their subsidies from the solar and/or biomass energy industry teamed up with 40 companies from Nigeria and other African countries to build and create business connections and opportunities.

First evaluation outcomes reflect the overwhelmingly positive feedback which was given by the participants throughout all of the three conference days to the organizers.
The trade mission to Nigeria is part of a cycle of RECP trade missions throughout the African continent. It follows on to an earlier successful mission to Rwanda and Uganda, and will see new missions to Zambia and Senegal in 2017.”

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