5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Oxford Said alumni win £700k UKRI backing to power Nigeria with clean, off-grid energy

by
June 12, 2025
in Investing
0
Oxford Said alumni win £700k UKRI backing to power Nigeria with clean, off-grid energy

Led by Ishaq Bolarinwa, CEO of Anfani and a 2022 Oxford MBA graduate, the project will deploy storage-integrated wind and solar hybrid systems using cold storage infrastructure as anchor loads. Bolarinwa is joined by fellow Oxford Saïd alumnus Tom Gibson and his Gyre Energy co-founders, Michael McKenna and Dougald Coulson. Together with academic partners from the University of Oxford’s Department for Engineering Science, the group is one of just five consortia progressing to the ‘Lift Off’ phase of the ZE-Gen Technology Accelerator, sponsored by Innovate UK and DSIT.

Nigeria currently has the world’s largest energy access deficit, with 85 million people—43% of the population—lacking grid electricity. The result is widespread reliance on costly, polluting backup generators. According to the World Bank, unreliable power costs the country an estimated $26.2 billion annually.

“This project hits that sweet spot of being good for the economy, reducing energy costs for communities, and helping the planet,” said Bolarinwa. “Limited access to power is holding Nigeria back. What we’re building has the potential to unlock real change.”

The Oxford-led team will now focus on industrial research and system testing, paving the way for deployment across rural Nigeria. The clean energy microgrids will use wind turbines, solar panels, and thermal storage technology, supporting off-grid cold chain systems essential for food and medical supplies.

The project emerged from the Entrepreneurship Project module during Bolarinwa’s MBA at Oxford Saïd, where the Anfani concept began as a renewable energy brokerage. He credits the Oxford network with playing a vital role in bringing the project to life: “The education was world-class, but it was the connections—from classmates to academics—that transformed the idea into a mission-led business.”

Academic support comes from Professor Lucia Corsini, Dr Jesús Lizana, Ana Outeirinho Morgado, and doctoral student Bogosi Msutwana from Oxford’s Engineering Science Department. Other consortium members include Sirius-X Energy and ThinkClock Battery Labs.

Looking ahead, the most promising projects from the ‘Lift Off’ phase will progress to the ‘Flight’ phase, where innovations will be demonstrated and validated in-country. If successful, the system could offer a blueprint for energy access solutions in other parts of sub-Saharan Africa and beyond.

Tom Gibson, co-founder of Gyre Energy, said: “This is a perfect example of Oxford’s innovation ecosystem in action. We’re thrilled to join forces with Anfani to build decentralised renewable energy systems that deliver practical, scalable impact where it’s needed most.”

With backing from UKRI and the ZE-Gen programme, and with Oxford alumni and academics at the helm, the project demonstrates how university-born innovation can drive inclusive growth, decarbonisation and energy justice—one microgrid at a time.

Previous Post

Mary Portas leads Westminster rally for Better Business Act as momentum grows for purpose-led reform

Next Post

Record fall in British exports to US as Trump tariffs bite

Next Post
Record fall in British exports to US as Trump tariffs bite

Record fall in British exports to US as Trump tariffs bite

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Need for cybersecurity experts grows as PH goes more digital, says DICT

    Need for cybersecurity experts grows as PH goes more digital, says DICT

    June 17, 2025
    MRSP: PHL mechatronics industry trails behind Industry 4.0

    MRSP: PHL mechatronics industry trails behind Industry 4.0

    June 17, 2025
    Stepping Into Style with Wilcon Tiles

    Stepping Into Style with Wilcon Tiles

    June 17, 2025
    Cash remittances jump 4% in April

    Cash remittances jump 4% in April

    June 16, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.