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.
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.
The Ivorian subsidiary of the Dutch group Vivo Energy has signed an agreement with the start-up Coliba to manage its plastic waste. Vivo Energy Ivory Coast will equip 40 of its Shell service stations with bins to collect plastic bottles.
The Dutch company obtained financing from the Dutch Development Finance Corporation (FMO) to boost the activities of its subsidiary in Côte d’Ivoire.
Credit Agricole CIB and NEoT Off-Grid Africa recently launched a securitization vehicle to enable Zola EDF Côte d’Ivoire to increase its sales of solar power systems to households that are not connected to traditional power grids.
The CGECI, also known as the Ivorian employers’ association, and the GIZ signed a cooperation agreement on the 12th of March 2020.