Nigeria and the UN’s Sustainable Energy for All aim to raise USD 500 mln for a fund to finance distributed renewable energy projects like solar home systems and mini-grids. Managed by Africa50, the fund will be available to local developers in local currency, with Nigerian pension funds also contributing. This initiative is linked to the Mission 300 program, which aims to provide electricity to 300 mln people in Africa by 2030, separate from Africa50’s USD 200 mln Africa Solar Facility fund.