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FSD Africa invested US$4.5 million into Nithio FI, an AI-driven climate finance platform that provides receivables-backed financing to off-grid solar companies. As of June 2023, Nithio had committed $26.5 million in total capital and extended $19.8 million in loan commitments across ten investments. The initiative has improved energy access for nearly 244,000 people, supported 5,636 entrepreneurs, and deployed nearly 80,000 energy systems, resulting in a reduction of 665,654 metric tons of CO2 emissions. Nithio specifically targets 'tier 3' local firms—smaller companies that have grown through bootstrapping—and utilizes a Risk Analytics Engine for credit risk assessment and gender-disaggregated impact tracking.

The research examines how the JAS Shiroro cell has successfully expanded into Central Nigeria by blending jihadist ideology with local Fulani banditry. Led by Abubakar Saidu (alias Sadiku), the cell utilizes a flexible approach that tolerates the non-religious vices of bandits in exchange for weapons, fighters, and local knowledge. The group operates from forest camps, conducting attacks and kidnappings, while maintaining supply lines for weapons and finance from Lake Chad. The document also highlights emerging alignments with the Lakurawa group and the broader threat of coordination between various armed factions, arguing that Nigeria's counter-terrorism strategy must expand beyond the Lake Chad Basin to address these regional dynamics.

The document outlines the evolution of Boko Haram from its 2009 clashes with security forces to its split into factions and the emergence of ISIS-WA. Key milestones include the 2014 abduction of over 200 Chibok school girls, the expansion of attacks into Niger, Chad, and Cameroon, and the subsequent military efforts by Nigeria to reclaim territory, including the clearance of the Sambisa Forest camp in 2017.