Mini-grids: Engie seeks $22m MIGA guarantee in Uganda
The French energy company is developing a portfolio of 45 mini-grids, eventually providing 4MW of solar energy.
Someone shares this article with you
▪ Mini-grids: Engie seeks $22m MIGA guarantee in Uganda
▪ The French energy company is developing a portfolio of 45 mini-grids, eventually providing 4MW of solar energy.
▪ https://www.africabusinessplus.com/en/816008/mini-grids-engie-seeks-22m-miga-guarantee-in-uganda/
Engie has applied for support from the Multilateral Investment Guarantee Agency (MIGA), the World Bank‘s guarantee facility, to cover up to $21.8 million in equity and shareholder loans required to advance these projects, which are expected to be operational by 2028. MIGA is scheduled to give the green light on 9 August.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Development Bank
12/01/2024 at 16h19, by Africa Business+
Uganda Telecom embarks on rural infrastructure expansion after financial upheaval
The group, which has returned to 100% public ownership, will install over 650 towers in areas with little...
Energy
13/10/2023 at 15h28, by Africa Business+, updated 15/10/2023
Manoj Sinha, Husk Power Systems CEO : “We are currently raising $100 million”
The Indian firm, which generated sales of $74 million in 2022, plans to raise $500 million and install...
Electricity
10/10/2023 at 16h38, by Africa Business+
ZIZ Energie secures Proparco financing for mini-grids in Chad
Proparco and ZIZ Energie will sign a loan agreement on 10 October in N’Djamena to develop the construction...
Telecoms
17/07/2023 at 17h20, by Africa Business+
Guinea/Guinea-Bissau: Orange turns to MIGA to secure development
The telecommunications operator, headed by Christel Heydemann, is looking to cover the investments it...
News
27/06/2023 at 16h49, by Africa Business+
Aroni Chaudhuri (Coface): “Kenya risks defaulting on its external debt; it has to repay its $2 billion Eurobond, which matures in June 2024”
Aroni Chaudhuri, an economist specialising in Africa at French credit insurer Coface, which has forecast...
Private Equity
20/06/2023 at 17h15, by Aurelie Benoit
Meridiam and Engie to acquire BTE Renewables from Actis
Africa Business+ reports that the deal between the three giants is worth just under a billion dollars.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.