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Ivory Coast

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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 Guard-Africa Initiative will catalyse conversations towards the accelerating implementation of the Nationally Determined Contributions (NDCs) in Kenya, Ethiopia, Tanzania, Rwanda, Niger, Cameroon, Zambia, Botswana, Morocco, Nigeria, Ivory Coast and Gabon.
EDFI ElectriFI (Electrification Financing Initiative) is investing 1.5 million euros in Fin’Elle, a subsidiary of the financial group Cofina. This financing will help remove barriers to female entrepreneurship in renewable energy in Ivory Coast.
Despite a wide interest from the European private sector to invest in renewable energy, the volume of financial flows to Sub Saharan Africa remains negligible. Why is that?
Green Energy for African Citizens (GBE) and the German International Development Cooperation Agency (GIZ) are launching a financing programme based on the results of installations of solar systems for productive use in Ivory Coast.

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