03 Dec 2019
Kékéli Efficient Power Project, Togo, west Africa
GuarantCo provides XOF 14.2 billion Liquidity Extension Guarantee to finance the construction of a 65MW natural gas-fired thermal plant providing electricity to nearly 20% of the population in Togo and supporting the Government of Togo to address the country’s power deficit.
04 Oct 2019
Acorn housing, Nairobi - GuarantCo provides first ever green bond in Kenya and EAIF makes first affordable housing investment
“The UK is mobilising private sector investment to help African nations make the most of their enormous potential. We are leading the way in the listing of green bonds, with over 100 bonds listed on the London Stock Exchange. The growth of the green bond market in East Africa is supporting vital climate resilient infrastructure and helping provide 5,000 students in Kenya with environmentally-friendly, affordable housing" UK Secretary of State for International Development Alok Sharma
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.
30 May 2019
EAIF announces first ever transaction in Guinea
PIDG company the Emerging Africa Infrastructure Fund invests US$40 million in Guinea Expanded rail and port facilities will drive economic growth in one of Africa’s poorest nations
23 Nov 2018
Quantum Terminals Group lists GHS 45 million bond to support LPG storage in Ghana
First local currency corporate bond from Ghana and West Africa to list on the London Stock Exchange.
31 Oct 2018
Second tranche of Mixta Nigeria NGN 7.5 billion bond programme issued
Refinancing of shorter-term expensive local debt into longer tenured instruments will secure development of 5,000 affordable houses.
31 Oct 2018
25% electricity boost for Mali as €122 million power station opens
Project demonstrates value of PIDG companies’ collaborative blended finance approach.
30 Oct 2018
The Emerging Africa Infrastructure Fund and GuarantCo support €78m Akuo Kita solar power plant
PIDG’s second project in Mali will power equivalent of over 91,000 homes a year.
10 Aug 2018
InfraCo Africa gets green light on one of the first solar IPPs in Chad
Power Purchase Agreement (PPA) signed with the Government of Chad for the 60MWp Djermaya Solar project.
05 Jul 2018
EAIF-backed clean energy projects hit key milestones
Power starts flowing from hydro station in Uganda and construction begins on 40MW solar plant in Mozambique.
08 Jun 2018
TAF and GuarantCo support work to provide cheaper power in Kenya
Adoption of Local Currency Power Purchase Agreements could reduce costs for end users.
06 Jun 2018
Salima Solar: Starting the journey to 40MW of renewable power
InfraCo Africa, JCM and Matswani to develop one of Malawi’s first commercial-scale solar PV plants.