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Zinox to Invest $250M on Renewable Energy, Retrain Over 500 Nigerian Engineers Nationwide

Zinox Technologies Limited, one of Africa’s leading integrated technology group, has unveiled a plan to invest over $250,000,000 after years of research, test running of durable and cost efficient multifaceted renewable energy solutions for Africa particularly Nigeria, with leading renewable energy companies in China, UK, South Africa and Dubai as partners.
For 23 years, Zinox has pioneered innovative technologies and boasts of an enviable track record of efficient delivery of critical tech solutions in Nigeria and various African countries.
The iPOWER – Solar, Inverters and Batteries, a brand of global partnership, is now available in Nigeria with up to 25 years’ warranty. Zinox plans to deliver within 24 hours all orders for iPOWER PRODUCTS to major cities in Nigeria subject to stock availability.
Unveiling this at the just concluded annual strategic business retreat, attended by captains of tech and Power industries including the Chairman of Zinox Group, Leo Stan Ekeh, the Managing Director of Zinox Technologies Limited, Mrs Kelechi Eze-Okonta said that Zinox is the tech heartbeat of the continent and has proven that Africa has a level of Technology Independence with high quality tech related projects timely and successfully deployed across Africa.
‘’We have taken our time, with huge investments on research with distinguished global partners, to come to this point. We believe that what is worth doing, is worth doing well.
“We now have tested products that have warranties of up to 25 years. We also plan to launch our integrated Executive Mobile Energy solution for Professionals, SMES, PaaS for Telcos’ Rural Telephony Infrastructure and students on the 4th of September.’’
In her own words, we have worked with credible domestic partners to deploy renewable solutions in over 25,000 homes, schools and offices in the last seven years.
‘’We are now excited to hit the market with specific cost-efficient energy solutions that are budget friendly both for homes and businesses, no matter your size and scope, but most importantly, we will take responsibility no matter who you buy iPower – Inverters, Solar Panels and Batteries from.
“We are also starting to train over 500 Nigerian Engineers and certified technicians from 36 states plus Abuja who shall conduct standard power audit, installations and after sales support nationwide to offer our customer full value for money.’’
Continuing, Mrs Eze-Okonta disclosed that Zinox has quietly been test running different configurations of sustainable renewable energy products from Solar, Wind, and a bit of Biomass, with complimentary quality products such as batteries and Inverters engineered and internationally certified to be country and continent specific.
‘’We want to delete Nigeria as a dump site for all sorts of fake energy products which we really consider as unethical and unacceptable and save the scarce resources available in the country.
“We take responsibility for iTEC Solar, Inverters and Batteries locally as we are equipped for comprehensive aftersales support.’’
Zinox shall work closely with key stakeholders such as the Renewable Energy Association of Nigeria (REAN), and local developers to provide the necessary support to aid the improvement of the acute power supply crisis that threatens economic growth, where over 70 million Nigerians lack access to power, coupled with increasing electricity costs in Nigeria.
Renewable energy can help Nigeria not only meet its energy needs but also power sustainable economic growth and create jobs while achieving global climate and sustainable development objectives.
Contributing in same vein, Dr. Leo Stan Ekeh, managing director of Zinox Technologies Limited and the Chairman of the Zinox Group, disclosed that the sum of $250m has been secured specifically to expand access to competitive and climate-friendly electricity supplies for Nigeria Homes and Businesses.
He said that the project will help create new opportunities for improving the quality of life while providing additional support to developers, REAN, and other key stakeholders in the preparation of its priority projects.
Zinox, with her partnerships shall launch enterprise products and solutions that will power off grid solutions, estates, hospitality businesses, while continuing with the consumer products with its very successful iPower products for homes, small and medium organizations, he concluded.
News
OOUTH Commends IHS Nigeria, UNICEF for Life-Saving Oxygen Plant Donation

IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, recently visited the Olabisi Onabanjo University Teaching Hospital (OOUTH), Sagamu, to evaluate the operational status and impact of the oxygen plant donated by IHS Nigeria in collaboration with United Nations Children’s Fund (UNICEF) and the Canadian Government in 2023 as part of a collaborative health infrastructure intervention initiative.
The oxygen plant which was donated as part of IHS Nigeria’s commitment to improving Nigeria’s healthcare system through sustainable, impactful initiatives is designed to serve not only the teaching hospital, but also other health facilities in the region.
The oxygen plant is equipped with 50 units of 6-cubic-meter cylinders and 150 units of 3 cubic meter cylinders that currently supplies critical departments across the teaching hospital including Anesthesia, the ICU, Pediatrics, Accident and Emergency, Labour, and Surgery departments. The hospital management acknowledged the difference the plant has made in ensuring prompt availability of oxygen even for patients who are unable to pay and in improving the medical outcomes for many patients who need oxygen as part of their management.
Accompanying the team on the visit was the Honorable Commissioner for Environment in Ogun State, Ola Oresanya, who was invited to witness the outcome of the partnership and its alignment with the state’s public health and environmental objectives.
He lauded the initiative for its timeliness and noted that the impact of the donation could not be easily quantified in terms of its relevance to healthcare delivery and its sustainable energy and environmental management which supports the state government’s vision for a healthier and more resilient Ogun State.
Titilope Oguntuga, Director, Sustainability, IHS Nigeria, commented “As a responsible organization, we find ways to impact communities in the markets we serve. In demonstrating our commitment, we also ensure that our investments are running smoothly, which is why we visited OOUTH. This is the first institution we donated an oxygen plant to and is also the first we are visiting to assess its impact and operational status.
“We are humbled by the acknowledgment and testimonies from the OOUTH management. This increases our resolve to continue to create meaningful and sustainable impact through infrastructure that saves lives and strengthens communities.”
Celine Lafoucriere, Chief of Field Office, UNICEF, commented “We cannot overemphasise the power of partnerships in achieving health equity. This is what building resilience in health systems entails: combining expertise, funding, and a shared goal.”
Dr. Oluseun Adeko, Chairman, Medical Advisory Committee (representing the Chief Medical Director of OOUTH), commented “This oxygen plant has not only enhanced our ability to manage emergencies and respiratory cases, but it has also saved lives beyond our hospital, as it serves as a source of oxygen for other hospitals. We deeply appreciate IHS Nigeria and UNICEF for their foresight and generosity.”
News
DG NITDA Urges Foreign Investors to Tap into Nigeria’s Digital Future

In a spirited and visionary appeal, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has issued a compelling invitation to global investors to explore Nigeria’s burgeoning digital economy, describing it as a land of opportunity powered by a youthful, tech-savvy, and highly innovative population.
The DG made this known when he engaged with global key players in the IT sector, including startups and investors during a GITEX Breakfast meeting at the GITEX Africa 2025 which is currently being held in Marrakech, Morocco.
Speaking ahead of GITEX Nigeria 2025, a major technology and investment conference set to take place from September 1 to 4 in Abuja and Lagos, Inuwa painted a vibrant picture of Nigeria’s digital landscape where according to him, innovation meets opportunity, and where government commitment aligns with grassroots entrepreneurial drive.
“Nigeria is a country with a large, youthful, innovative, creative, and highly competent workforce, where startups and scale-ups can continuously thrive, and where entrepreneurial spirit and technological advancement shape and create the landscape,” he stated.
He emphasised that Nigeria, with over 70% of its population under the age of 25, holds one of the youngest populations globally, positioning it as a talent hub for the Fourth Industrial Revolution.
The NITDA boss further noted that the government’s vision aims to elevate Nigeria into an emerging global digital economy through comprehensive reforms, infrastructure investment, and an aggressive digital literacy agenda.
“The president is also bullish about building our digital infrastructure and wants to establish our digital sovereignty, providing a platform for our citizens to develop digital offerings that Nigeria can take to the world,” he said.
While outlining initiatives aimed at embedding digital skills across the formal education system and enhancing national digital capabilities, he noted that the nation is not just teaching young people to consume technology but empowering them to create it.
Recognising the importance of digital sovereignty, Inuwa added “We are also promoting cloud adoption because you cannot succeed today with on-prem infrastructure, but you need to be on the cloud, and you need to have agility.”
Underscoring the significance of Nigeria and Africa’s digital native population and boundless talent, Inuwa mentioned that the continent should not just participate in the Fourth Industrial Revolution but should lead.
He disclosed that the GITEX Nigeria conference is set to be a milestone moment with Abuja which is the nation’s policy capital, hosting discussions on investor-friendly reforms and policy frameworks, and Lagos, the home to Africa’s most vibrant startup ecosystem, showcasing the energy, innovation, and investment potentials.
“We have the talent and we have the digital native population and we are nurturing an innovative and entrepreneurial ecosystem because we need to challenge the status quo, we need to use technology to disrupt the way we do things and we need to create a collective intelligence where people work with technology to make lives better and that is the Nigeria we are creating,” he concluded.
In his remark, the sales director of ZOHO, Mr Vijayaragavan Venugopal stated that Zoho has been predominantly focusing on the African market for the last 7 years and has witnessed tremendous growth in the African market, with Nigeria leading at the forefront.
“We are happy that we are going to be there in Nigeria along with GITEX and the event will not only empower the Nigeria market but the whole of Africa and it is going to be an opportunity to gather amongst each other, talk about tech, and grow together in the entire African market,” he said.
While giving her remark, the CEO of Alami Capital, Olu Olufemi White, highlighted the importance of investing in startups that center people in their solutions and challenged traditional investment approaches that ignore the human element.
Expressing her commitment to transforming communities through thoughtful and strategic innovation, she emphasised the need for impactful, innovative, and scalable ventures while however, noting that technology can only thrive with reliable energy and sustainable finance.
Appealing to everyone for active participation at the forthcoming GITEX Nigeria while making reference to the market activity from Google, Cisco, and Flutterwave, White said “You can start to see what happens when you support us. Please don’t wait till we become big and the rest of the world begins to tell our stories, we want you to tell it for us and we want to walk and work hand in hand with you to build the nation of our dreams.”
News
EFCC Assures CBEX Investors of Fund Recovery Amid Investigation

Economic and Financial Crimes Commission (EFCC) has reassured investors affected by the collapse of the Crypto Bridge Exchange (CBEX) a digital trading platform that their funds will be recovered, though the process may take time.
Speaking on Channels TV’s Morning Brief on April 16, EFCC spokesperson Dele Oyewale emphasized the agency’s proactive measures in profiling CBEX and alerting Nigerians about potential Ponzi schemes prior to its crash.
Oyewale highlighted the EFCC’s ongoing collaboration with Interpol and international development agencies to bring the perpetrators to justice.
He assured the public that the commission remains committed to safeguarding investors and ensuring accountability.
The EFCC had previously listed 58 Ponzi scheme companies in March, warning Nigerians to exercise caution with unregistered investment platforms.
Despite the challenges, Oyewale reiterated the commission’s dedication to recovering funds and preventing future occurrences.
This development underscores the importance of vigilance and due diligence in financial investments, as the EFCC continues its efforts to protect Nigerians from fraudulent schemes.
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