All On, an impact investing company focused on expanding access to renewable energy in Nigeria, has announced a $1 million investment in Eja-Ice Nigeria Limited, a provider of solar-powered refrigeration and cold chain infrastructure.
The firm said in a statement that the investment will support Eja-Ice’s manufacturing and operational scale-up as the company enters its next phase of growth.It is also expected to enable the expansion of Eja-Ice’s cold-chain solutions and improve access to reliable cooling services for households, small businesses, and institutions operating in off-grid and weak-grid environments.
Access to dependable cold storage remains a major constraint across Nigeria, especially in coastal and rural communities where limited energy infrastructure drives post-harvest losses and income instability for small-scale agro-producers.
By delivering energy-efficient refrigeration systems, Eja-Ice is helping to address these challenges while supporting the preservation of perishable goods and strengthening local value chains.
Commenting on the investment, All On Chief Executive Officer Caroline Eboumbou said, “All On’s investment in Eja-Ice reflects our approach of supporting solutions that improve energy access while enhancing livelihoods, reducing costs, and enabling businesses to grow.
Strengthening cold-chain infrastructure is an important step toward building more resilient local economies and expanding opportunities in underserved markets.”Eja-Ice’s integrated cold-chain model allows greater control over product design, operational efficiency, and service delivery, ensuring its solutions are tailored to underserved markets.
The company’s systems are already supporting micro enterprises, cooperatives, and community-level infrastructure, particularly in areas where reliable electricity remains limited.
Eja-Ice Nigeria Limited Founder and CEO Yusuf Bilesanmi said, “This capital raise is a huge step forward in our vision to power homes and businesses with products designed, assembled, and optimised right here on the continent.
It’s not just about access to electricity — it’s about dignity, productivity, and opportunity for the over 600 million people across sub-Saharan Africa who are still off-grid.”Through the investment, All On continues to advance its mission of closing Nigeria’s energy access gap by supporting the renewable energy ecosystem and businesses that deliver sustainable, market-driven solutions.