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Kinguélé Aval Hydroelectric Dam Gets Financing from Development Banks

As part of the construction of the Kinguélé Aval hydroelectric dam (35MW), the project company Asonha Energy has received the first installment of the non-sovereign financing of XAF 81 billion granted by the International Finance Corporation (IFC), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA), and the Emerging Africa Infrastructure Fund…

Sylvain bouyJeannot kalimaDevelopment banksGabon power companyDevelopment bankAsonha energyInternational finance corporationAfrica infrastructure fundCrystal mountains national parkAfrican development bank afGabonese fund for strategic investmentsGabonese strategic investment fundAval hydroelectric dam gets financingAfrican development bankSouthern africaEmerging africa infrastructure fund

ACTIS SIGNS DEAL TO SELL RENEWABLE YET ANOTHER ENERGY PLATFORM

ACTIS SIGNS DEAL TO SELL RENEWABLE YET ANOTHER ENERGY PLATFORM
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City ofUnited kingdomSouth africaRift valleySouth africanPaulo almiranteMathieu pellerLisa pinsleyAfrica energy at actisBiotherm energyMeridiam infrastructure africa fundRenewables to frenchEnergy managementPurchase agreementLekela powerInfinity power

Gabon, Meridiam Agree $179 Million Financing for Hydro Plant

Gabon, Meridiam Agree $179 Million Financing for Hydro Plant
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Gabon power coOrganization of petroleum exporting countriesGabon powerKinguele avalPetroleum exportingGabon wantsPioneer funding modelProtect africaஆர்கநைஸேஶந் ஆஃப் பெட்ரோலியம் ஏற்றுமதி நாடுகள்காபோன் பவர்பெட்ரோலியம் ஏற்றுமதி

IFC, Canada invest in Kinguele Aval hydropower plant to support clean power generation in Gabon

IFC, Canada invest in Kinguele Aval hydropower plant to support clean power generation in Gabon
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Investissements strategiquesSylvain kakouWorld bank groupMeridiam infrastructure africa parallel fundAfrica infrastructure fundDevelopment bankRenewable energy program for africaMultilateral investment guarantee agencyMeridiam infrastructure africa fundAfrican development bank afKinguele avalPie kamauFonds gabonaisIndependent power producerWorld bankEnergy program

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 ârun-of-the-riverâ 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 Gabonâs sovereign wealth fund and Meridiam Infrastructure Africa Fund â 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.

United statesSouth africaCoted ivoireTin can islandCôd ivoire generalSouth africanIvory coastVuyo ntoiVivek mittalKai zhuKannan lakmeeharanAndrew dawesIslamic development bankInfrastructure consortium for africaAfrica research initiative at johns hopkins universityAfrica infrastructure development association