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Reeddi's Olugbenga Olubanjo with Reeddi Box in front of walll
2021 Finalist
Fix Our

Reeddi Capsules

Nominated by:

600 million Africans don’t have steady access to electricity. Reeddi, a cleantech start-up, helps solve this problem with affordable energy capsules.

Their Story

Growing up in Nigeria, Olugbenga Olubanjo founded Reeddi to help ensure that the poorest communities get access to clean, reliable and affordable energy – protecting the environment, and galvanising local communities and businesses too.

Almost a billion people worldwide do not have access to electricity, but demand continues to increase, especially in developing countries. Greater demand means more productivity and economic growth. Governments, eager to seize the benefits, burn fossil fuels to generate power. However, doing so comes at the expense of human health and the climate. We need new solutions that fight climate change while powering our economies.

Reeddi, with operations based in Nigeria, has a solution; its energy capsule, an optimized lithium battery, is available at vending machine-like stations in energy-poor communities. They are rented for $0.50 a day using a card, cash, or a mobile phone and returned for a discount. Powered by solar, they have a low environmental impact, and they’re also more affordable, cutting energy costs by 30%.

Reeddi already serves over 600 households and businesses monthly across Nigeria. The increased profile from being named a 2021 Finalist, has seen huge increases in demand for their capsules, a 6X increase in sales, and allowed them to launch a new solar panel rental scheme to keep small businesses powered up for longer.

They are planning to launch a new upgraded, more resilient capsule before the end of 2022. Reeddi have also been featured in the TIME best inventions of 2021 and Olugbenga was named to the 2022 class of Bloomberg New Economy Catalysts.

Other Finalists in Fix Our Climate

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This Earthshot focuses on three main areas of interest: 

  1. Protecting areas of high biodiversity such as forests, wetland, peatlands and wildlife corridors
  2. Restoring damaged ecosystems
  3. Feeding people while protecting nature
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Clean Our

By 2030 we choose to ensure that everyone in the world breathes clean, healthy air – at World Health Organization standard or better. 

This Earthshot focuses on three main areas of interest: 

  1. Engaging citizens in data collection and clean air policies
  2. Preventing the burning of fields, forests and waste
  3. Transitioning to clean transportation for all
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Revive Our

By 2030, we choose to repair and preserve our oceans for future generations. 

This Earthshot focuses on three main areas of interest: 

  1. Protecting and restoring coastal ecosystems
  2. Replenishing fish populations
  3. Reducing demand for fishmeal
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Build a

By 2030, we choose to build a world where nothing goes to waste, where the leftovers of one process become the raw materials of the next – just like they do in nature. 

This Earthshot focuses on three main areas of interest: 

  1. Reducing food loss from farm to fork
  2. Phasing out single-use and non-recycled plastics
  3. High-value circularity in fashion and electronics
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Fix Our

We choose to fix the world’s climate by cutting out carbon: building a carbon neutral economy that lets every culture, community and country thrive. 

This Earthshot focuses on three main areas of interest: 

  1. Creating an equitable clean energy future
  2. Addressing non-CO2 greenhouse gas emissions
  3. Decarbonising hard to abate sectors
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The Earthshot Prize