Oracle Intelligence

Online newspaper platform

Business Diplomacy Electric power Energy Environment

UK–funded accelerator programme fuels growth of Nigeria’s green industries

Nigeria’s green industrial sector gained fresh momentum as six climate-focused startups completed the UK-funded Green Business Building (GBB) Accelerator and presented their business ideas to investors at an Investor Night hosted by the British High Commission and Manufacturing Africa in Lagos.

The event marked the culmination of a 16-week programme designed to help green manufacturing ventures unlock growth. Participants received hands-on advisory support, mentorship, peer learning and access to investors who can help them scale.

Ad >>>

The cohort reflects the breadth of Nigeria’s emerging green economy, cutting across renewable energy, recycling, organic agriculture, and electric mobility. The participating startups — GreenSpace Recycling, Sirius-X Energy, Auxano Solar, Taeillo, ZOOMe and Veggie Victory — pitched business models built around sustainability, efficiency, and circular production. Venture capitalists, impact investors, and ecosystem leaders who attended the session offered real-time feedback, with some expressing interest in potential funding discussions.

Designed as a pitch-den, the event gave each company room to explain the environmental and commercial potential of its solution. The aim was simple: help founders sharpen their growth strategies and build the connections needed to scale and create jobs within Nigeria’s green manufacturing landscape.

READ MORE!  ExxonMobil to cut 2,000 jobs amid restructuring, oil market challenges

The UK Deputy High Commissioner to Nigeria, Jonny Baxter, led the British delegation. Speaking at the event, Simon Field, Deputy Head of Mission at the British Deputy High Commission in Lagos, said the accelerator aligns with the UK’s commitment to helping Nigeria build greener, more competitive industries. He added, “Manufacturing is Nigeria’s future, and these businesses show how it can also be greener, more inclusive, and globally competitive. I have nothing but confidence in the programme we’re funding. Every pitch tonight was professional, inspiring and full of ambition.”

Kemi Onabanjo, Manufacturing Africa’s Nigeria Country Lead, said the night was a celebration of the founders’ progress and the partnerships now forming around them. “Tonight was about creating connections that bridge the gap between innovation and investment,” she said. “These ventures are already delivering impact, and now they are gaining access to the networks and capital that will help them grow.”

Startup founders shared their experiences of the programme’s hands-on approach. Taeillo CEO Jumoke Dada said, “GBB is hands-on. They take the heavy lifting off you and help you execute. We now have real clarity on our next steps.” ZOOMe CEO Adedayo Odunlami described the advisory support as world-class, adding that the programme helped the company evolve “as a business and as founders.”

READ MORE!  UK demands inclusive processes in Anambra guber polls

The GBB Accelerator is part of a wider collaboration between the UK and Nigeria to grow small, innovative businesses that can drive economic expansion and create new jobs across green industries. By equipping early-stage companies with technical guidance, growth strategies and market connections, the programme aims to build a pipeline of enterprises capable of powering Nigeria’s green manufacturing future.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *