The World Bank and the Nigerian Rural Electrification Agency are using Odyssey to implement big data solutions for one the sector’s most ambitious off-grid rural electrification programs in history.
“The transparency and speed of the NEP process is due to the Odyssey e-procurement method we utilised. We could not have achieved this through traditional manual methods. We have seen firsthand that data is absolutely essential to catalyzing the mini-grid sector in Nigeria.”
CEO – SEforALL, Former MD/CEO – REA
Odyssey, in partnership with the Nigerian Rural Electrification Agency (REA) and the World Bank, is transforming off-grid energy financing through the Nigeria Electrification Project (NEP) and is unlocking new opportunities to design large-scale financing programs that are directly tied to electrification results. December 7th, 2019 marked one of the sector’s biggest milestones; the NEP celebrated the commissioning of its first mini-grid site to be financed by results-based financing (RBF), through its Performance-Based Grant program. Powered by the Odyssey platform, NEP is proving that new technologies and big data solutions can enable efficient results-based financing, with per-connection subsidies deployed only after established proof that customers have been connected to reliable power.
Download the entire case study below to learn more about Odyssey’s collaboration with the Nigerian Rural Electrification Agency (REA) and the World Bank.