Just In: First Bank, Azuri partner to give Nigerians solar power

…Deepen financial inclusion

Azuri Technologies, a leader in pay-as-you-go solar technology, and First Bank of Nigeria Limited have signed agreement to enter into a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians.

Under the partnership, Azuri’s solar home TV product will be co-branded and co-marketed by FirstBank and Azuri. Pay-as-you-go customers will be able to pay for their solar via FirstBank’s Firstmonie agent network and mobile payment solution. Firstmonie agents are positioned within rural and semi-urban locations across the country and provide basic financial services such as account opening, cash deposit, cash withdrawals and bill payments. First Bank has the reach in Nigeria with 750 branches and 16,000 agents. Azuri Technologies will leverage these branches and agents to reach every part of Nigeria.

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