Talks with the Compagnie Générale d'Hydroélectricité de Volobe consortium have entered the home straight, and France's electricity giant is expected this month to decide whether to join Madagascar's
The energy transition is underway in Africa. Despite continued investment in fossil fuels, mainly south of the Sahara, African decision-makers are stepping up their efforts to promote the development of renewable energy projects. This trend is set to continue in 2024.
Six months after the signing of the concession and power purchase contracts for the Volobe dam, the project is still bogged down. The Malagasy president and his adviser want a lower price per kWh
French energy giant EDF is expected to invest in the forthcoming Volobe dam. It would join ranks with CGHV, a conglomerate made up of Axian and Africa50 which signed a concession contract for the
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