The Ivorian unit of the France-based renewable energy company Baobab+ recently borrowed EUR 1.2 million (USD 1.3 million) from Dutch cooperative investor Oikocredit. Baobab+ is active in six African countries, primarily selling solar panel kits, solar lamps and touchscreen tablets. The firm sells many of these items on a pay-as-you-go basis.

Up to 40,000 off-grid households in rural and semi-urban areas across Côte d’Ivoire will soon have access to energy and digital platforms as a result of a new loan from Oikocredit to Baobab+ Cote d’Ivoire (Baobab+ CI). Oikocredit has made € 1.2 million available in fresh funding to the Ivorian affiliate of Baobab+ SAS.

Between 2023 and 2025, the Dutch government will finance 43 projects led by young entrepreneurs in Ivory Coast to the tune of 400 000 euros. The aim is to accelerate sustainable development in this West African country.

The money would go toward giving 739 rural communities access to affordable, clean electricity. The monies comprise an $ 8.26 million loan and a $ 2.27 million grant.

The Ivorian government is signing agreements with the European Union (EU) and the French Development Agency (AFD) to provide €6.89 million in funding. The funds will be used to finance a project aimed at electrifying rural areas.

The Ivorian company ICA (Ingénierie-construction-adduction d’eau) is starting work on the construction of 24 boreholes in the department of Sipilou, Tonkpi region in Ivory Coast. The installations will be equipped with human-powered pumps.

Orange and Engie have joined forces to convert the telecom’s main data centre in Africa located in Côte d’Ivoire to solar power, helping to reduce its carbon footprint.