Amea Power has broken ground on a 50 MW Bondoukou Solar PV project in the north-eastern Gontougo region, Ivory Coast.
The Bondoukou Solar PV Plant will generate 85 GWh of clean energy annually to power approximately 358,000 households while offsetting more than 52,000 tons of CO2 emissions. The project is being implemented by AMEA Goutougo, a project company registered in Ivory Coast and fully owned by AMEA Power.
The US$60 million project is being financed by FMO and DEG and will support the government’s goal of increasing the share of renewable energy in its electricity mix to 45% by 2030.
The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$25 million in ARCH Africa Renewable Power Fund (ARPF), a US$250 million private equity fund for renewable energy projects across Sub-Saharan Africa.
Read moreAfrica Finance Corporation (AFC) has announced the financial close of a bridge loan facility contracted by Ivoire Hydro Energy (IHE) for the construction of the 44 MW Singrobo-Ahouaty hydropower project in Côte d’Ivoire.
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 moreIn a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.
Read moreEnergyNet will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.
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