How Leo Stan Ekeh's $250 Million Renewable Energy Investment
Home Industry How Leo Stan Ekeh’s $250 Million Renewable Energy Investment Will Benefit Nigerians
Industry - July 5, 2023

How Leo Stan Ekeh’s $250 Million Renewable Energy Investment Will Benefit Nigerians

Nigerian tech tycoon Leo Stan Ekeh is set to invest more than $250 million in renewable energy projects across Africa through Zinox Technologies Limited.

Ekeh who serves as the Managing Director of the renowned computer hardware manufacturing, and ICT integration company, emphasized that the investment will expand access to competitive and climate-friendly electricity supplies for both homes and businesses in Nigeria.

The funds will also create new opportunities for enhancing the quality of life. Moreso, it will lend support to developers, the Renewable Energy Association of Nigeria, and other key stakeholders involved in the priority projects.

Ekeh’s multimillion-dollar commitment comes after years of extensive research and test running of durable and cost-efficient multifaceted renewable energy solutions designed for Africa, with a particular focus on Nigeria.

What Ekeh’s $250 Million Renewable Energy Investment entail

This investment will see Zinox launching enterprise products and solutions specifically tailored to power off-grid solutions, estates, and hospitality businesses in collaboration with its partners.

Ekeh’s company will also continue its consumer-focused efforts, building on the success of its iPower products designed for homes and small to medium organizations.

To successfully implement these projects, Zinox commenced training for over 500 Nigerian engineers and certified technicians hailing from all 36 states, along with Abuja.

These skilled professionals will be responsible for conducting standard power audits, installations, and after-sales support nationwide, ensuring customers receive full value for their investment.

What you need to know about Ekeh’s Zinox

Zinox Technologies has for the past two decades been at the forefront of pioneering innovative technologies in Nigeria and across Africa. Ekeh’s company has established a strategic partnership with leading renewable energy companies in China, the UK, South Africa, and Dubai to achieve its goals effectively.

The unveiling of this groundbreaking initiative which occurred during Zinox’s annual strategic business retreat opened a new chapter for the company.

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