Abidjan, Côte d’Ivoire- Today, the U.S. Trade and Development Agency (USTDA) announced awards for three grants and two study tours to the United States to support infrastructure development in Côte d’Ivoire. USTDA’s support includes:
Read more »UK-based investor and developer InfraCo Africa Ltd.said on Wednesday that it has sold a minority stake in a 25.5 MW wind power project in Cape Verde to the Africa Finance Corporation (AFC).More specifically the company sold off its remaining equity stake in the Cabeólica independent wind power producer, which was established to developer the 25.5 MW wind project.
InfraCo Africa said the sale would allow it to “recoup the early-stage development costs it had invested into Cabeólica and recycle these funds into developing future sub-Saharan infrastructure projects”. InfraCo Africa, under a joint partnership with the Cape Verde government and the national utility Electra Sarl, provided the initial funding for the project, which is located across four of Cape Verde’s islands.
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