Energy stakeholders call on new financing mechanisms to support off-grid and mini-grid connectivity in Africa

Energy stakeholders call on new financing mechanisms to support off-grid and mini-grid connectivity in Africa

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COTE D’IVOIRE – Stakeholders in the energy industry have called for restructuring of  financing mechanisms in order to enable the development of off-grid and mini-grid connectivity in Africa. The sentiment was made during the 5th Energy Access Investment Forum in Abidjan, Cote…

Standard Chartered Bank launches digitally-led retail banks in more African markets

Standard Chartered Bank launches digitally-led retail banks in more African markets

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AFRICA – Financial Group, Standard Chartered, has launched its digital services in Tanzania and Ghana following successful roll-outs in Côte d’Ivoire and Uganda. The firm has also unveiled plans of rolling out the system in Kenya following the launches of the Bank’s…

AFC invests US$197.8m in Cote d’Ivoire hydroelectric power project

AFC invests US$197.8m in Cote d’Ivoire hydroelectric power project

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Cote d’Ivoire – The Africa Finance Corporation (AFC), an infrastructure development finance institution in Africa, announced financial close of a credit facility towards Cote d’Ivoire’s 44-MW Singrobo-Ahouaty hydroelectric power project (SAHP). AFC’s commitment to the Ivoire Hydro Energy (IHE) amounts to a…