The Director Projects & Development Finance at research and consulting specialists Africa House, Paul Runge, has described Nigeria as Africa’s prime power development hotspot. He said the country offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth.
According to Runge, his recent missions to Nigeria have revealed numerous opportunities for power sector businesses, particularly those operating in the renewable energy, solar energy, power storage, technical and training and specialist financial consulting arenas.
Africa House, also the research partner of the premier African power sector conference and exhibition, POWER-GEN & DistribuTECH Africa, believes Nigeria is currently a hotspot for power industry development.
“With a population officially in the region of 186 million, serious power challenges and massive industrial growth potential, Nigeria is actively seeking new and viable power solutions to drive economic growth,” Runge was quoted to have said in a statement yesterday.
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