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Newdigit Technologies

Location

Nigeria

Sector

Renewable Energies

Stage

Pre-feasibility
Overview
For many years now, 120 million low to middle-income Nigerians living in the rural and sub-urban settlements of Lagos, have been largely relying on Fossil fuel hydrocarbon generators such as Tigre Gen, Mikano, Elepaq etc.
To provide a basic source of electricity needed for their daily lives.
Just Add Water is a compact, single-unit product, that uses dirty water to generate electricity, cooking gas, oxygen and clean drinking water, through the process of electrolysis to produce hydrogen gas and medical-grade oxygen gas, via an inbuilt reversible Proton Exchange Membrane Fuel cell, which in a reverse mode generate electricity, and in that process produces water vapor, which is condensed to liquified, clean drinking water.
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Investment Needs

$1 000 000

Investment Project Type:

Private

Invested Value to Date:

$120 000

Why Investing

1
Lucrative Market Opportunity
Investing in our energy solution means tapping into the African market, where over 600 million people lack electricity. With the current market size at $40 million and a projected potential of $190 million before 2030, our solution offers a high return on investment.
2
Dual Impact Investment
Investing in our solution is not just a financial opportunity but a strategic move for promoting energy access in Africa and advancing climate action. This dual impact investment not only diversifies your portfolio but also aligns with global sustainability goals, ensuring a meaningful and socially responsible investment.
3
Strategic Positioning for Growth
By supporting our energy solution, investors position themselves at the forefront of a transformative industry. Contributing to energy access in Africa not only addresses a critical need but also places investors in a strategic position to benefit from the growth of a sector with substantial potential for positive impact and financial returns.
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Joy Egbe
Chief Impact Officer
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