Smart Electric Industrial Park

Company Description

Mojec International Limited is a Nigerian conglomerate headquartered in Lagos, established in 1985. The company operates across key sectors including power and energy, oil and gas, real estate, agriculture, and technology. Mojec is widely recognized for its leadership in electricity metering and energy infrastructure through its subsidiaries, particularly Mojec Meter Company, one of the largest meter manufacturers in Nigeria. Through innovation, local manufacturing, and strategic partnerships, Mojec plays a significant role in advancing energy access and infrastructure development across Nigeria and Africa.

Countries of Operation

Nigeria

Ownership of Company

Local Company | Entreprise locale

Number of years since incorporated

41

Project Pitch:

The Smart Electric Industrial Park is a fully integrated, next-generation manufacturing and innovation hub designed to accelerate Africa’s transition to sustainable energy and electric mobility. The park will serve as a centralized ecosystem for the local production of renewable energy technologies, electric mobility solutions, and power generation and distribution equipment. The project will focus on the manufacturing of traditional power solutions, solar panels, battery storage systems, inverters, smart meters, electric vehicles (EVs), and EV auxiliary components, alongside the development and deployment of EV charging infrastructure and integrated energy management systems. By consolidating these value chains within a single industrial cluster, the park will drive economies of scale, promote technology transfer, strengthen local supply chains, and enhance regional manufacturing capacity. The business model combines advanced manufacturing, strategic technology partnerships, infrastructure deployment, and long-term service agreements. Key revenue streams will include equipment sales, EV charging network operations, energy-as-a-service offerings, technology licensing, and public-private partnerships with governments, utilities, and private sector stakeholders. Operationally, the park will integrate modern manufacturing facilities, research and development centers, logistics hubs, and technical training institutes to support innovation and workforce development, positioning the region as a leading hub for clean energy and electric mobility manufacturing.

Team

Information not available.

Type of Project

Private Company project

Stage

Growth stage | Phase de croissance

Annual Revenue (in EUR)

10.000.000 - 100.000.000 EUR

Number of employees

101-500

Total Project Cost (in EUR)

300,000,000 EURO

Financing needs (in EUR)

300,000,000 EURO

Type of financing needed

• Equity | Fonds propres
• Grant | Subvention

The Company is looking for

• Financing | Financement
• Joint Venture/Partnership | Coentreprise / partenariat
• Technology Solution/Equipment | Solution technologique / équipement
• Suppliers for products/services | Fournisseurs pour des produits / services

Planned allocation of fundraising capital

• PPP (Public-Private Partnership) | PPP (Partenariat public-privé)