Desert-to-Power: SEFA commits €6 million to Dedougou Solar Project in Burkina Faso
Burkina Faso, July 28 -- The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed a €6 million concessional finance package for the development of the 18 MW Dedougou Solar Power Plant in Burkina Faso, marking a significant milestone towards increasing the country's energy generation capacity.SEFA's commitment comprises a €2.5 million senior concessional loan and a €3.5 million reimbursable grant, complemented by a combination of subordinated and senior loans from the Dutch Entrepreneurial Development Bank (FMO). This commitment was formalized during a signing ceremony in Paris on July 18th, bringing together stakeholders from the African Development Bank, FMO, project developer ...
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