EDF declared that it has inked a cooperation deal with IFC, a member of the
Basically, the agreement is aimed on sub-Saharan Africa, with a pilot project under development in
It is expected that the initial phase of this pilot will supply electricity to 25 000 people, using hybrid solar-diesel networks and two biomassfired power plants.
The cooperation deal covers seeking sources of financing to support potential projects, sharing sector expertise between the two institutions, and where necessary, exploring sustainable co-investment opportunities.
Almost 1.3 billion people live without access to electricity in the world. Bringing power to these people is a major challenge that we must address, said Bertrand Heysch de la Borde, Senior Manager for Infrastructure in
Electricity is a vital product without which no real development is possible. Access to energy for rural populations, who are more often the most disadvantaged ones, allows poverty reduction by developing income-generating activities, while also promoting education, health, access to water, etc, said Edouard Dahome, EDF Director for
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