All On Invests $1M in Eja-Ice for Cold-Chain Growth

All On, an impact investment company focused on expanding access to renewable energy solutions in Nigeria, has announced a $1 million investment in Eja-Ice Nigeria Limited. This investment will facilitate the provision of solar power refrigeration for cold-chain infrastructure, supporting Eja-Ice's manufacturing operations as the company enters its next growth phase.

The initiative is expected to enhance access to reliable cooling services for households, small businesses, and institutions operating in off-grid or weak grid environments, addressing significant constraints in cold storage across Nigeria, particularly in coastal and rural communities. The investment is aimed at reducing post-harvest losses and improving income stability for small-scale agricultural producers.

Carolin Eboumb, CEO of All On, stated that the investment reflects their approach to supporting solutions that improve energy access and enhance livelihoods. Yusuf Bilesanmi, founder and CEO of Eja-Ice Nigeria Limited, described the investment as a significant step forward in realizing their vision of providing power for homes and businesses.