Nigerian Climate-Tech Startup Earthbond Raises Funding From Madica to Boost Financing Capacity
By Tom Jackson
Nigerian climate-tech startup Earthbond, which simplifies access to clean, affordable energy for African SMEs, has secured funding from Madica, a structured investment programme designed for pre-seed stage startups in Africa, to boost its financing capacity.
Founded in 2023 by Chidalu Onyenso, Earthbond is tackling Nigeria’s US$14 billion off-grid generator market by leveraging group financing and carbon accounting to reduce costs and risks in the energy transition.
Photo courtesy of andreas160578.
