Podcast: Providing cleaner fuels for cooking and power generation in Nigeria
A conversation with Argentil’s Gbenga Hassan | Part of the AVCA Climate Series leading up to COP26.
The acceleration of a global transition from coal to clean energy is on the agenda at the 26th UN Climate Change Conference of the Parties (COP26). Across the world and especially in emerging markets, women and young children are at greater risk of illness and death from air pollution caused by burning ‘dirty fuels’ while cooking at home. This is not sustainable.
In the run-up to COP26, we caught up with Gbenga Hassan, Managing Partner at Àrgentil Capital Management Limited (ACML), to discuss Àrgentil’s sustainable and impact investments across clean energy and the broader productive economy via SMEs.
ACML is a private equity firm that invests in key growth sectors including energy, agribusiness, consumer goods, and technology.
Earlier in 2021, Àrgentil’s clean energy portfolio company achieved a first financial closing towards providing cleaner fuels for cooking and power generation in Nigeria.
Gbenga provided insight into Àrgentil’s strategy of investing in early-stage energy opportunities, the firm’s approach to value creation with its investee companies, and contributions to the UN SDGs.
ACML is a member of AVCA and is currently expanding its investment focus via the US$95mn Àrgentil SME Investment Fund (ASIF) to cover key West African countries.
