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Ivory Coast

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The International Finance Corporation (IFC) and the Emerging Africa Infrastructure Fund (EAIF) are investing more than €91 million in the first securitisation of the Electricity for All Programme (PEPT) in Ivory Coast:. This transaction, denominated in local currency, is aimed at electrifying 800,000 households.
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.
Orange Ivory Coast wants to improve the carbon footprint of its data centres in West Africa. The subsidiary of the French telecommunications group Orange has just entered into a partnership with SolarX. The recently signed agreement covers the installation of solar systems to power Orange’s data centres.
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.

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