Climate Fund Managers (CFM), the manager of the Climate Investor One facility, will co-develop a private renewable energy generation and distribution sub-franchise project in Kaduna, Nigeria.

The project is to be jointly developed with Konexa, which has more than 30 years’ experience investing in and developing projects in the African energy sector. Konexa has partnered with the Kaduna Electric Distribution Company (KAEDCO), a distribution company in the northern Nigerian state of Ka...