The Energy Talk - Storytellers of Africa's Energy TransitionAuthor: Olubunmi Olajide Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Asset Financing: How Payhippo is making solar products affordable
Episode 44
Monday, 21 October, 2024
Subscribe to our Clean Energy Africa newsletter: https://mailchi.mp/dc168bd41a97/sign-up-hereDami Olawoye joins us as we explore his remarkable career as a finance veteran turned clean energy champion and his role in revolutionizing solar energy financing in Nigeria as the CEO of Payhippo. From a big four-chartered accountant to leading a startup, our guest shares how his organization has raised $5 million to tackle Nigeria's electricity challenges with solar solutions. Discover the strategic shift to clean energy financing that enables small businesses and homes to adopt solar systems, leveraging asset and inventory finance products to overcome cost barriers in the face of rising diesel and petrol prices. Additionally, we delve into the company's structured loan offerings and strategic partnerships with solar installers and financial institutions that have been key to their success. We also discuss the impact of voluntary carbon markets, carbon credits, and Renewable Energy Certificates (RECs) in reducing solar equipment costs, increasing accessibility, and driving renewable energy adoption in Africa. Tune in to understand the innovative financing solutions and partnerships propelling Nigeria toward a cleaner, more sustainable future. Learn more about Payhippo Connect with Dami The Energy Talk is a platform dedicated to telling the energy transition story of Sub-Saharan Africa, focusing first on the perspective of Financiers, Policymakers, and Operators devoted to pushing the continent towards a sustainable energy future. This podcast is hosted by Olubunmi Olajide and produced by Chigozie Ubah.