Powering Nigeria One Electric Capsule at a Time

Home to 220 million people, the African nation has historically ranked near the bottom when it comes to electricity access. But one man wants to change that.

(Bloomberg) — Nigeria, which is home to about 220 million people, has historically ranked near the bottom when it comes to countries with access to electricity. But Olubenga Olubanjo wants to change that.

As the founder of Reeddi, a green technology company, Olubanjo says he’s found a way to provide affordable, reliable and sustainable electricity to all Nigerians. On this episode of Bloomberg’s New Economy Catalysts, he tells us how he came up with the idea, and where he wants to expand next.

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