Africa50, the Green Climate Fund and the African Development Bank are teaming up to support the development of solar projects in the Sahel. The African Development Bank-led initiative is aiming to turn Africa’s deserts into new sources of energy by developing 10,000 MW of solar power systems across the Sahel to provide electricity to 250 million people. The countries that are included in the initiative are Burkina Faso, Djibouti, Ethiopia, Eritrea, Mali, Mauritania, Niger, Nigeria, Chad, Senegal, and Sudan.
stressed that, ““Africa50 is about leveraging partnerships to contribute to the continent’s growth through developing and funding high impact private and PPP infrastructure projects,” said Africa50’s CEO, Alain Ebobisse. “This agreement allows us to leverage our project development capabilities and build a bigger pipeline of bankable projects that will provide millions of people and businesses on the continent with clean and affordable energy.”
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