Country
Nigeria
Sector
Energy
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Reported
Latest Development
Konexa is a Nigerian C&I solar and hybrid power solutions company — providing commercial and industrial power systems to businesses that cannot rely on the grid. Rebranded from Grid Capital in 2024. Growing pipeline of hospital, manufacturing and retail clients enabled by Nigeria Electricity Act 2023.
Company Profile
Company TypePrivate
HeadquartersLagos, Nigeria
Countries of OperationNigeria
Founded2017
Websitekonexa.com
Key ExecutivesHafsah Lawal (CEO)
Key Developments
Rebranded from Grid Capital to Konexa in 2024. Providing solar-hybrid C&I systems across Nigeria. Beneficiary of Electricity Act 2023 enabling embedded generation without full NERC licensing.
Key Risks
Competition from international C&I solar players entering Nigeria. Grid improvement could reduce off-grid demand.
What Happens Next
Scale-up of C&I solar portfolio as Electricity Act 2023 liberalises the market.
Commercial Opportunity Intelligence
Opportunity SignalC&I distributed energy is the fastest-growing segment of Nigeria's energy market — Konexa is one of the most active indigenous players.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)TechCabal; Energy News Nigeria; Konexa official
Source Date2024–2026