Nigeria Solar Firm Gets $38 Million to Expand in West Africa
- Morgan Stanley Investment Management among backers of firm
- Daystar Power to grow capacity to 100MW across West Africa
Public power cables and transformers stand across solar panels mounted on the roof top of a building in Lagos.
Photographer: Pius Utomi Ekpei/AFP/Getty Images
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Daystar Power, a Nigerian solar energy provider, has raised $38 million with the support of Investment Fund for Developing Countries and Morgan Stanley Investment Management to expand solar access across West Africa.