11 Jun 2021
EAIF and Proparco partner to finance the first biomass plant with grid injection in Africa
The Emerging Africa Infrastructure Fund (EAIF) and Proparco have closed a 165M EUR project finance deal and 13M EUR grant to secure the financing of Biovea project in Ivory Coast, which will be the first biomass power plant with grid injection in Africa.
29 Jul 2019
PIDG company EAIF lends €28 million to Azito Energie's power plant expansion in Cote D'Ivoire
Power plant will benefit up to 4.9 million people, provide low-cost base load power, displacing older less efficient equipment. A competitive tariff pricing is moving the region towards OECD norms.