Shell-funded impact investment company All On has announced a $1.5 million investment in Auxano Solar Nigeria Limited to scale its operations over the next five years.

“This investment would guarantee the expansion of Auxano’s solar panel assembly capacity by over 50% and is a great win for local content,” said All On investment manager, Afolabi Akinrogunde. “Auxano’s growth as the first private assembler of solar panels is a success story that ought to inspire other players ...