British International Investment, a UK-based development finance institution, and Odyssey Energy Solutions, a US-based clean energy technology company, have launched a $7.5 million facility in Nigeria. The initiative was announced recently, and is connected to the World Bank-funded Distributed Access through Renewable Energy Scale-Up program. The program is designed to improve electricity access for 17.5 million Nigerians, while nearly 90 million people in the country are still without power. Benson Adenuga, BII’s West Africa Director, has said that solar mini-grids are essential for bridging Nigeria’s electricity deficit. The facility has been structured to ease financing constraints by using Odyssey’s procurement platform and supply chain credit solution covering equipment and import duties. Odyssey has enabled developers to access vetted solar and storage systems with limited upfront capital and repay after revenue begins, supported by bulk procurement, flexible repayment, and improved logistics.