By Providence Ayanfeoluwa
Delta40, in partnership with GOGLA, has successfully hosted Delta40 Energy and Mobility Innovation Scale Summit, a two-day gathering in Lagos that brought together decision makers across Africa’s innovation, investment, corporate, and policy sectors, to accelerate investment and innovation in the continent’s clean energy and mobility sectors.
Speaking on the summit, Managing Partner of Delta40, Lyndsay Handler, said while Africa is home to some of the world’s fastest-growing entrepreneurial talent, less than 20 percent of venture funding reaches critical sectors like agriculture, mobility, and energy — sectors most vital for jobs and growth.
Handler stated: “This summit is not a conference — it’s a catalyst. We are building an ecosystem where entrepreneurs, corporates, and investors co-create Africa’s future together. Africa’s innovators don’t need more pilots; they need partnerships that scale.
“We need catalytic capital that moves faster, takes smart risks, and delivers real results because the time for incremental change is over. We need to change that and build success stories that attract commercial capital, create more exits, and deliver real liquidity to founders and investors. That is what this summit is about, moving from pilots to powerhouses.
“By 2100, 40 percent of humanity will live here. The solutions we build today — in Lagos, Nairobi, Kigali, and beyond — will power and feed the world. So let’s build together.”
Also, Managing Director of Delta40 Nigeria, Bankole Cardoso, underscored the economic and environmental opportunity that Africa’s energy and mobility sectors presents.
Cardoso stated: “Technological costs have fallen, business models have matured, and we’re seeing proof points everywhere — solar and electric mobility are now more affordable than diesel or petrol.
“What we are doing at Delta40 is bringing together the top innovators, investors, and policy leaders to seize this moment and deploy solutions at scale. Lagos is not just the venue, but the blueprint for what is possible.”
In a keynote delivered by Chief Executive of the Mission 300 Accelerator, Andy Herscowitz, emphasized Africa’s role in the global clean energy transition, saying: “Nigeria has 80 million people without electricity access, yet it also has some of the greatest innovators in the world — people finding ways to squeeze every electron out of solar and battery systems to power homes, farms, and vehicles. The energy and mobility revolution happening here is not theoretical — it’s practical, it’s profitable, and it’s transformative.”
However, the event co-hosted with GOGLA and supported by The Rockefeller Foundation, the Global Energy Alliance for People and Planet, GEAPP, and GET.invest held in the Delta40 Lagos Studio represented one of the most action-oriented convening in Africa’s climate and innovation calendar.
Also, Partner, Investments at Delta40, Biola Alabi, stated “Africa’s entrepreneurs are building the infrastructure of the future — but they can’t do it alone. What we’ve created here at Delta40 is a bridge between investors, development partners, and innovators. We’re not just showcasing startups — we’re creating relationships that lead to scale, sustainability, and success.”
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