Nigeria: Uptick recorded in private funding for climate-tech startups

**Solar panels dot rooftops across sprawling Lagos, a Nigerian city that is transforming as it adopts solar power.**Nearly a decade ago, things looked quite different.

Climate technology was new in Africa, and it was tough to get funding for start-ups that would eventually enable the region’s electrification.

But the ecosystem has since changed, and in recent years, venture capital and private equity firms are increasingly funding climate-tech startups, with businesses raising more than $3.4 billion since 2019.

Rensource Energy, a company that provides solar and…