Part 5/9:
With the state governments looking towards capital markets for potential funding, Dr. Soliman identified unique opportunities within the private sector. The renewable energy market, particularly in solar and mini-grid solutions, presents a lucrative field for investors and developers. Partnerships established through programs like the Nigerian Electrification Program can be catalysts for attracting private investments.
Furthermore, innovative financing models, such as "pay-as-you-go" systems for solar installations, have gained traction and show promise in democratizing energy access. The government’s support in this area is crucial, as it can stimulate interest from private investors and support large-scale projects.