Chad: Big new lenders for Djermaya solar project

Issue 452 - 17 Dec 2021

The African Development Bank (AfDB), the Private Infrastructure Development Group (PIDG)’s Emerging Africa Infrastructure Fund (EAIF) and France’s Proparco have joined the 34MW Djermaya solar PV project , which will also include a 4MWh battery system. The trio signed a loan agreement on 26 November, with the AfDB committing €18m ($20.3m) and the EAIF and Proparco each providing €9.3m in senior debt.

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