Africa, as a developing continent, understandably has a huge demand for power which has proven to be one of the most critical barriers to the continent’s development in general.

Which brings us to Nigeria – the largest economy in Sub-Saharan Africa with huge constraints in growth as a result of poor power supply across the country. In recognising the need for a cheaper and better alternative source of power generation and understanding the positive impact this can make in mitigating power shortages, Royal Power & Energy Limited (RPE) came into existence.

RPE is one of the flourishing innovative companies displaying rare ingenuity in the provision of energy to businesses and households in various locations around Nigeria. As an ISO 9001 certified company, with over fifteen years industry experience, the company has been in the business of providing solar and power back up solutions in Nigeria.

The company has a significant number of installations across Nigeria, while working to ensure businesses switch from the conventional source of power to the added value of energy back up innovations and or renewable energy options in a variety of scales.

Royal Power and Energy Limited was recently listed as one of the “Companies to Inspire Africa 2019 – One Year On” by the London Stock Exchange Group. The report was officially launched at the London Stock Exchange Group on January 21st 2020.

The “Companies to Inspire Africa 2019” report has a long history of supporting the development of African capital markets and investment in African companies. According to David Schwimmer, CEO, LSEG, “London Stock Exchange Group’s ‘Companies to Inspire Africa’ report showcases inspirational and entrepreneurial businesses from across the African continent, representing a wide variety of industries and countries. These high growth companies, he stressed, have the potential to transform the African economy and become the future job creators, noting that the LSEG is committed to helping companies realise that potential and is pleased to highlight and celebrate the company success stories behind one of the world’s fastest growing markets.”

“We are very proud that our reputation for excellence and growth has been noticed,” said Sasha Israni from RPE, “we have a great team and being part of the power industry in Nigeria is both exciting and challenging but the LSEG report indicates that as a company we are moving in the right direction.”