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British Investment Partnerships Leadership Tours High-Growth Start-up in Lagos

By March 7, 2023March 8th, 2023MA Articles

A Foreign Commonwealth and Development Office (FCDO) delegation led by Daniel Davis; Deputy Director for the British Investment Partnerships hub recently paid a courtesy visit to Arnergy – a high-growth start-up which assembles solar home systems. The visit follows support to Arnergy from UK Government Manufacturing Africa (MA) programme.

The FCDO delegation hosted by Anergy team at the company’s headquarters in Lagos.

MA provided advisory services and operations support to facilitate Arnergy’s expansion. The scope of support comprised a market assessment to validate the business strategy for the next phase of growth, a sustainability roadmap, and an investor outreach strategy to facilitate fundraise.

The FCDO delegation observed Anergy’s new assembly line to see how the company assembles its solar products and delivers clean reliable energy solutions. The teams had insightful discussions about sustainable energy solutions in Nigeria.

Expressing support for the company Davis stated,

“Tackling access to renewable energy requires investable businesses within sustainable models for growth. It was great to see Arnergy’s new manufacturing facility in Illupeju, Lagos, and understand how they are serving the B2B and B2C solar markets in Nigeria. Supporting businesses like Arnergy to scale will provide lower-cost solar energy solutions for customers.”

Femi Adeyemo, Anergy Founder and CEO said,

“We believe that renewable energy is the future as it eliminates environmental impacts while producing a sustainable energy supply, and we are excited to be part of this movement. We offer homes and businesses a cleaner and cost-effective alternative power supply by delivering reliable energy for productive use and reducing OPEX costs that threaten the sustainability of our target business clusters.”

The FCDO team reiterated their commitment to supporting business growth and sustainability in Africa.

The FDCO team listens to explanations about how Anergy’s new assembly line operates.