Coscharis Technologies Limited a subsidiary of the Coscharis Group
and a leading player in the Information Communication and
Technology (ICT) sector in Nigeria and the Sub – Saharan Africa is
an authorized distributor of a wide number of globally respected IT
brands delivering reliable hardware and service solutions.
Coscharis Technologies Limited recently secured a monumental $4
billion power project to revolutionize Nigeria's energy landscape.
This ground-breaking initiative, the largest of its kind in West Africa,
will harness renewable energy sources to significantly reduce the
country's reliance on fossil fuels and contribute to sustainable
development goals.
According to the Managing Director, Dr Sunday Mukoro who was
recently in Delhi, India to seal up this Partnership collaboration
highlighted that the project will primarily provide solar energy
solutions to create environmentally friendly energy alternatives that
align with global climate targets. In his words, “these funds will be
made available to Nigerian entrepreneurs and other business
entities who are dedicated to operating their businesses with
reliable power supply. Having a clear understanding of the critical
role that power plays in driving business survival and growth,
whether it's in large enterprises or small and medium-sized
businesses in Nigeria. This becomes a soft landing to these
businesses to turn the power challenges to opportunities to grow
their businesses seamlessly”.
Recognizing the significance of power in bolstering the economy,
Mukoro posited that Coscharis Technologies Ltd is determined to
allocate these four billion dollars strategically. Initially, the focus will
be on government entities, private sectors including banks,
manufacturing companies, and SMEs. Subsequently, the funds will
also be accessible to individuals and residential communities. The
project will be implemented with carefully crafted agreements
outlining the payback period, marking a critical aspect of the
initiative.
Commenting on this ground breaking achievement by Coscharis
Technologies Limited, the excited President / CEO of Coscharis
Group, Dr Cosmas Maduka commended Mukoro and his team. “This
achievement for us as a group is to further confirm our commitment
to delivering value for money to all our numerous stakeholders in all
sectors where we play. The Coscharis Technology team led by
Sunday has just proven with this initiative that they are the game
changer in the ICT sector in Nigeria and the Sub-Sahara market to
further delight our ever dynamic customers in a dynamic IT
business environment”, he said.
Coscharis Technologies Limited. will work closely with international
partners and local communities to ensure that the project is
implemented in an environmentally and socially responsible manner.
The disbursement will be executed without undue involvement from
the government or any other external parties.
About Coscharis Technologies Limited
Founded in 1983. Coscharis Technologies Limited is one of the subsidiaries
of Coscharis group which is a wholly owned Nigerian conglomerate with
diversified interest in various sectors of the economy. Coscharis
Technologies Limited has its strong presence in Nigeria and Sub-Saharan
Africa representing globally respected IT brands offering products and
services to the delight of its numerous customers. Committed to driving
innovation and economic growth in Nigeria and across Africa.
Abiona Babarinde
General Manager, Marketing and Corporate Communications
Coscharis Group
abionababarinde@coscharisgroup.net
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