The African Development Bank (AfDB) has approved US$302.9 million in financing to support the 225 kV Mauritania-Mali electricity interconnection and solar power project.
The project involves setting up a 1,373 km high-voltage electrical link with a transfer capacity of 600 MW connecting the two nations. Additionally, it includes the establishment of a 50 MW solar power facility in Kiffa, Mauritania, interconnected with the aforementioned electrical link. This undertaking marks the initial segment of the Trans-Sahel backbone within the Desert-to-Power Initiative, seeking to establish a connection from Mauritania to Chad through Mali, Burkina Faso, and Niger. The work has been divided into three lots as follows:
The financial allocation includes US$269.6 million allocated to Mauritania and US$33.3 million designated for Mali, sourced from the African Development Fund, which is the concessional arm of the AfDB. The overall project expenditure is anticipated to be around US$888 million. On December 12, 2023, the call for bids to undertake the construction of the Mauritania-Mali interconnection was initiated. Interested parties are required to submit their bids by the deadline of February 20, 2024.
Multinational renewables developer Gigawatt Global Cooperatief has signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to invest US$1 billion in renewable energy projects in the region.
Read moreThe Emerging Africa Infrastructure Fund (EAIF) and Akuo Energy have announced the signing of a financing package for a 50 MW solar power project in Mali. The Kita project is Mali’s second solar park in development.
Read moreWith confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.
Read moreAfrican Infrastructure Investment Managers (AIIM), an equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.
Read moreThe African Development Bank (AfDB) Board of Directors has approved a senior concessional loan of US$25 million to fund the Segou Solar PV Project, Mali’s first utility-scale solar photovoltaic (PV) power plant.
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