Macro Finance
Octopus-Backed MOPO Partners Nigeria in $75 Million Battery Plan
Bloomberg Markets·July 20, 2026·1 min read
MOPO, an Africa-focused battery rental company backed by Octopus Energy Group Ltd., signed an agreement with Nigeria to facilitate a $75 million expansion of its activities in Africa's most populous nation. The deal aims to scale MOPO's battery rental operations across Nigeria, supporting energy access and reducing reliance on fossil fuels in the region.
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