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African infrastructure

Africa Finance Corporation to address climate adaptation needs

The Africa Finance Corporation is creating an independent asset management arm, AFC Capital Partners, which will debut with a $500million Infrastructure Climate Resilient Fund (ICRF).
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Côte d’Ivoire secures $34 million for hydroelectricity project

Côte d’Ivoire has secured $34 million from the Emerging Africa Infrastructure Fund, which will go towards building a 44MW hydroelectricity generation plant. The new plant will be developed by an IPP.
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Bridge loan facility expedites hydropower financial close

The Africa Finance Corporation has announced the financial close of a bridge loan facility contracted by Ivoire Hydro Energy for the construction of the 44MW Singrobo-Ahouaty hydroelectric power project in Côte d’Ivoire.