Energy, Transport, Telecoms networks, or Health, infrastructure financing is a key issue to ensure the growth of the African continent, which for more than a decade has had growth rates above 5%. Structured finance for this development is a major challenge for all stakeholders and one of the pillars of Grow with Africa strategy.
Advancing Cameroon’s low-carbon development through hydropower
When the new Nachtigal hydroelectric power station’s turbines start turning in 2023, this 2km-long dam will supply almost a third of Cameroon’s electricity. Located on the Sanaga river, 65km north east of Yaoundé, the capital, it is a cornerstone of the Central African country’s electricity development plan and a national priority.
Health, a priority for Senegal
Health has always been a primary concern of any population and remains a major challenge for developing countries today. In Senegal, significant efforts are being made to improve the supply and access to healthcare across the country. It is in this context that last July Societe Generale was in Dakar alongside Amadou Ba, Minister of Economy, Finance and Planning of Senegal, for the signing of a financing contract of more than 160 million euros, for a project aimed at improving access to healthcare of Senegalese people.
A wind of change blows through Egypt with the largest wind farm in construction
Expected to be completed at the end of 2019, the Ras Ghareb wind project will have 125 Siemens-Gamesa wind turbines installed on the Gulf of Suez in eastern Egypt. With a total capacity of 250 megawatts, it is the largest wind farm to be launched in the country to date, bringing strong economic and environmental benefits over the long term.