11 hours ago
Nigerian Tech Company Eyes Expansion Into Moroccan Energy Market
Cape Town — Nigeria-founded tech company Beacon Power Services (BPS) is setting its sights on Morocco's evolving energy market, as the firm seeks to expand its grid management solutions across North Africa.
Speaking to Morocco World News (MWN) on the sidelines of the Africa Energy Forum, taking place from July 17-20 in Cape Town, BPS founder and CEO Bim Adisa outlined his company's ambitions to enter the Moroccan market, citing recent changes in the North African country's utility sector as a key opportunity.
Speaking of markets that the firm is working on getting into, Adisa said that one of the places his company is 'excited about and hopeful to have an opportunity with is Morocco.'
'We know there's been recent changes in Morocco with the utility space. We're excited to be a part of that and excited to have the opportunity to work with the regional utilities.'
Strategic timing for Moroccan entry
The company's interest in Morocco comes at a time when the North African country is undergoing significant transformations in its energy sector, including increased focus on renewable energy integration and grid modernization initiatives.
According to Adisa, BPS's proven ability to help utility clients 'significantly improve their services, improve their customer experiences and ultimately drive revenue and reduce costs' positions the company as a potential partner for Moroccan utilities navigating these changes.
Morocco's utility sector in transition
With these ongoing developments, opportunities are abundant for technology companies specializing in utility optimization and grid management solutions.
BPS's interest comes at a crucial time when Morocco is working to enhance its electrical grid infrastructure to accommodate growing renewable energy capacity and improve service delivery to consumers.
The company's CEO believes that its expertise in addressing data reliability issues could prove valuable in Morocco's modernization efforts.
Addressing Africa's grid data challenge
The Nigerian-founded firm specializes in providing data and software solutions for electricity utilities across Africa, addressing a critical challenge that plagues power sectors continent-wide.
'Unfortunately, a lot of the utilities in Africa have unreliable data,' Adisa explained to MWN, pointing out that this is the core problem his company aims to solve.
The company's approach involves comprehensive grid mapping and real-time monitoring systems.
'We basically help the electric utilities to map the grid. We help to clean up the data process, we map the grid, we map grid assets to buildings to create an accurate topology,' Adisa told MWN.
Beyond basic mapping, BPS integrates artificial intelligence to provide predictive analytics capabilities. 'We incorporate AI to basically do things like predictive analytics to tell you when there's an outage, to tell you an outage before it occurs,' Adisa noted, focusing on the proactive nature of their solutions.
Proven track record across six markets
Currently operating in Nigeria, Ghana, Tanzania, Togo, and Zambia, with additional countries joining their portfolio, BPS has demonstrated measurable impact across diverse African markets.
The company provides utilities with real-time visibility into both electricity flow and payment systems while tracking outages as they occur.
'This creates a lot of value for the utilities. It creates a lot of value for the customer base because essentially the utility becomes more efficient and the customer gets better services,' Adisa explained
The company's CEO starkly stated the practical benefits of his firm. 'It's good to be able to see an outage and prevent it before it happens, so people don't end up in the dark.'
As the Africa Energy Forum continues through June 20, companies like BPS represent the growing ecosystem of African-led technology solutions addressing the continent's energy challenges through innovation rather than traditional infrastructure approaches. Tags: Electric grid infratructureMigerian companyMorocco energy
