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Wanted: funding models that deal with Africa s infrastructure paradoxes

On the Mbei river, about 85km east of the Gabonese capital of Libreville, plans are well advanced for a 34MW “run-of-the-river” hydroelectric plant. Unlike bigger hydroelectric stations that depend on a dam, Kinguele Aval will have a modest reservoir that should, at least in theory, minimise environmental destruction. It is expected to generate enough electricity for one in six residents of Libreville, a city of about 700,000 people The $205m plant will be owned by a joint venture between Gabon’s sovereign wealth fund and Meridiam Infrastructure Africa Fund — a French investor that has 14 projects on the continent, including a biomass plant in Ivory Coast, a geothermal station in Ethiopia and a port in Nouakchott, Mauritania.

Sameh Shenouda rejoint Africa Finance Corporatio

Sameh Shenouda rejoint Africa Finance Corporatio
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