Lumos is highly commended by the FT/IFC Business Transformation Awards for Achievement in Low-Carbon Urban Transformation
The winners and highly commended are:
Achievement in Low-Carbon Urban Transformation
Highly Commended: Lumos and Overseas Private Investment Corporation (OPIC)
Lumos has partnered with OPIC to provide affordable and solar electricity to off-grid homes in Nigeria, developing a solar-connected indoor unit that allows people to purchase reliable electricity on demand. Working in cooperation with mobile phone operators, the project utilises their existing sales, marketing, distribution and billing infrastructure to ensure that payments can be made via mobile, on a pay-per-use system, without the need for a mobile money infrastructure.
The special commendation in this category goes to a company whose impact goes well beyond its sector by offering a novel and affordable solution to the acute challenge of access to energy.