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enee.io Secures $250,000 Investment from All On to Accelerate Growth in Nigeria’s Off-Grid Energy Sector

  • sheriefelshazly
  • Jul 14
  • 2 min read

enee.io is pleased to announce a strategic $250,000 investment from Nigerian impact investor All On, aimed at scaling sales and operations across Nigeria. The investment will support enee.io's mission to deliver intelligent energy monitoring technology to businesses and communities facing unreliable grid access.

enee.io and All On for the signing ceremony at their Lagos HQ
enee.io and All On for the signing ceremony at their Lagos HQ

Founded in 2019, enee.io specialises in plug-and-play energy monitoring systems that provide real-time insights into power generation, storage, and consumption—regardless of the hardware or energy source. The platform is already in use across a growing number of sites in Nigeria and is designed to empower users with the data they need to optimise energy use and reduce dependency on diesel generators.


“This is a significant milestone for our team. All On brings deep expertise in Nigeria’s energy landscape, and their support will help us scale faster and with greater local impact. Together, we’ll be helping more businesses move away from high-cost, unreliable energy sources and towards cleaner, smarter power.”

David Smith, Founder & CEO


The partnership with All On reinforces a shared commitment to expanding energy access through innovative, scalable technologies. All On, an impact investing company seeded by Shell, supports businesses that address Nigeria’s critical energy access gaps through renewable and off-grid solutions.

Caroline Eboumbou (CEO, All On) & David Smith (CEO, enee.io)
Caroline Eboumbou (CEO, All On) & David Smith (CEO, enee.io)
“At All On, our mission is rooted in creating opportunities for communities excluded from sustainable energy. “enee.io’s platform helps users gain control of their energy systems, cut waste, and increase performance. We’re excited to support a company with the tools and vision to make real impact in the sector.”

Oluseye Bassir, Investment Manager at All On.


The investment will enable enee.io to expand its footprint in Nigeria, deepen local partnerships, and build out its team to support rapid adoption of its technology across commercial and industrial sectors.


This announcement marks a new phase of growth for enee.io in West Africa, underpinned by UK-based innovation and strengthened by strategic collaboration with key local partners.

The Signing Ceremony at All On's HQ in Lagos
The Signing Ceremony at All On's HQ in Lagos
David Smith (left), Olueye Bassir (centre), Caroline Eboumbou (right)
David Smith (left), Olueye Bassir (centre), Caroline Eboumbou (right)

About All On

All On Partnerships for Energy Access (All On), an independent impact investing company seeded by Shell, supports the growth of Nigeria’s off-grid energy market by investing in businesses that provide affordable, reliable, and sustainable power for underserved communities and small businesses. Learn more at www.all-on.com


 
 
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enee.io is the fitness tracker for energy systems

enee.io increases access to reliable and affordable energy by improving the life and efficiency of energy systems. Through plug-and-play sensors, mobile phone applications and web-based reporting, enee.io provides customers with the information they need to optimize energy usage, improve energy system health and safeguard backup power supplies.

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enee.io Ltd, DiSH Manchester, Heron House, 47 Lloyd Street, Manchester, UK, M2 5LE

Copyright 2023   Registered in England and Wales. Company No: 12189365. VAT No. 334 3660 13.

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