A co-creation proposition for clean-energy startups in sub-Saharan Africa

Ayodeji Okunlola
2 min readApr 21, 2020

This proposition was sent (as a cold email) a while ago to a leading energy consulting company in Europe (name replaced with company XX) to implement. While checking my old emails, I felt the need to open it up for any consulting company/utility/venture capital in the frame of “Company XX” in Nigeria, Ghana or in another country in SSA to run with or implement.

The proposition

It is a co-creation and venture ownership model for utilities in the energy sector. It involved bringing innovators, operators and capital together to unlock new opportunities for consolidated players to co-invest in growth startups changing the energy landscape.

Under this proposition, the utility companies provide capital as Limited Partners (LPs) while “company XX” provides and hosts a deal sourcing and co-investment platform for the utilities to identify and invest in new growth startups; the startups must be involved in deploying technology and capital uniquely to unlock new value directly for the utility’s consumers. For a management consulting company, this “co-investment and deal sourcing service” can be hosted or developed as a product within your advisory practice without a new spin-off division.

A conceptual framework for Company XXX with utility companies as LPs (European utilities for example)

Interested in building on this, feel free to get in touch.

-Ayodeji

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Ayodeji Okunlola

Energy tech-savvy, renewable energy enthusiast, newbie writer… #lover of #powerplants #energyeconomics #advisory