Advens Geocoton and Bboxx commit several million euros for electrification in Burkina
The recent agreement between Advens Geocoton and Bboxx aims to provide several million euros in financing for lost-cost electricity solutions in Burkina Faso, particularly in rural areas.
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▪ Advens Geocoton and Bboxx commit several million euros for electrification in Burkina
▪ The recent agreement between Advens Geocoton and Bboxx aims to provide several million euros in financing for lost-cost electricity solutions in Burkina Faso, particularly in rural areas.
▪ https://www.africabusinessplus.com/en/808714/advens-geocoton-and-bboxx-commit-several-million-euros-for-electrification-in-burkina/
The Bboxx-Advens Geocoton partnership targets access to clean energy in Burkina. Test outlets are already operational in Ouagadougou and Bobo-Dioulasso, the country’s economic capital. “We are financing this project, which is estimated to cost several million euros over five years, with the partners’ own funds. Of course, we are going to use local banks to mobilise additional resources,” explained Karim Ait Talb, Deputy Managing Director of the Advens Geocoton group.
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