By Abdullahi Lukman
Africa’s largest solar mini-grid operator, WeLight, has secured $31 million in fresh funding to accelerate its expansion into Nigeria, a move expected to boost clean energy access in underserved communities and support the continent’s transition to sustainable power solutions.
The investment, announced on Tuesday, follows the acquisition of a stake in the company by the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, alongside existing shareholders.
WeLight said the funding will enable it to expand its solar mini-grid operations, reach new markets and scale up efforts to provide reliable, affordable and renewable electricity to communities beyond the reach of conventional power infrastructure.
The development comes at a critical time for Nigeria, where millions of people, particularly in rural areas, still lack access to electricity.
For many communities, limited energy access continues to constrain economic activities, education, healthcare delivery and overall quality of life.
As countries across Africa pursue cleaner and more sustainable energy systems, solar mini-grids are increasingly being recognised as an effective solution for addressing energy poverty while reducing dependence on fossil fuels and unstable national grids.
Founded in 2018 by Axian Group, Sagemcom and Norfund, WeLight develops and operates solar-powered mini-grids that serve off-grid and underserved communities.
The company currently operates nearly 190 mini-grids across Madagascar and Mali, providing electricity to more than 800,000 people.
Nigeria remains one of the countries with the largest electricity access deficits globally.
While efforts to reform the power sector continue, recurring grid failures and supply challenges have highlighted the need for alternative energy solutions capable of delivering reliable electricity to homes, schools, healthcare facilities and small businesses.
The expansion of renewable energy infrastructure is also expected to contribute to broader climate and development goals by supporting low-carbon growth, creating jobs and strengthening energy security.
WeLight’s latest funding aligns with growing international efforts to close Africa’s energy access gap through clean energy investments.
Initiatives such as Mission 300, a partnership between the World Bank and the African Development Bank, are working to expand electricity access across the continent and accelerate sustainable development.
With the new capital injection, WeLight is positioning itself to play a larger role in advancing energy inclusion across Africa, helping communities gain access to the electricity needed to drive economic growth, improve livelihoods and build resilience for the future.