Press release
The Ndege Group Unveils $300M (200MW) Waste-to-Energy Plant in Nigeria, Signals African Sovereign Finance Revolution with OmniGaza - May 2025
The Ndege Group launched $300M Project in Nigeria, OmniGaza props its valuation
Africa's Sovereign Development Trust (ASDT), The Ndege Group, proudly announces significant achievements in its mission to enhance African sovereign finance and promote sustainable development. With a commitment to ethical investments, the trust is making waves in sectors such as blockchain finance, infrastructure, and renewable energy, as showcased on its Thought Leadership blog at thendegegroup.com.
$300M (200MW) Waste-to-Energy Plant Launch in Rivers State, Nigeria
In collaboration with strategic partners Omene Energy, The Ndege Group has launched a pioneering $300 million waste-to-energy facility in Rivers State, Nigeria. This project has been featured on Nigerian television and is available on YouTube. This innovative initiative converts municipal waste into clean energy, powering thousands of homes, supporting electric vehicle production, and addressing environmental challenges.
$1 Billion Valuation Signals Investor Confidence in African Sovereign Finance
The Ndege Group's current funding rounds have achieved a valuation exceeding US$1 billion, indicating robust investor confidence in its African sovereign finance model. These funds will expedite the launch of OmniGaza, a blockchain platform that is set to revolutionize development finance. The OmniGaza platform enables African nations to issue sovereign bonds, facilitate capital access, and maintain data sovereignty, thereby reducing dependence on external intermediaries. This achievement further enhances The Ndege Group's diversified portfolio, as outlined in its Crunchbase profile.
Steve Arika
Project Director (Kenya), The Ndege Group.
22 Murishu Road, Karen, P.O. Box 43112 - 00100, Nairobi, Kenya.
Email: hello@thendegegroup.com, Website: thendegegroup.com
About The Ndege Group
Founded in 2022 by David Okiki Amayo Jr., The Ndege Group, Africa's Sovereign Development TrustSM, is a pan-African initiative addressing the continent's core challenges through innovative, sustainable solutions. The group drives transformative change through OmniGaza © and its subsidiaries: Ndege Aerospace, Ndege MarketPlace, and The Ndege Foundation, focusing on aviation, blockchain, infrastructure, education, conservation, governance, healthcare, mining, sustainable farming, talent development, and telecommunications. By collaborating with global institutions, development finance organizations, and local communities, The Ndege Group tackles critical gaps in infrastructure, resource management, and governance. Its business model integrates owner-operated projects, revenue from operating brands, IP royalties, grants, and equity to ensure sustainable growth and multigenerational impact across Africa. Headquartered in Nairobi, Kenya, with its main trust in Seychelles, The Ndege Group is committed to forging a self-reliant, globally competitive Africa.
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