Madagascar: PRG approved for Sahofika

Issue 406 - 19 Dec 2019
The African Development Bank board has approved a Partial Risk Guarantee (PRG) of $100m to support the 205MW Sahofika hydropower project on the Onive River. The bank’s support will include risk mitigation to the project developers and the debt providers by supporting the payment obligations of Jiro sy Rany Malagasy, the state-owned offtaker.As well as the power plant, the project involves the construction of a 110km transmission line to the site, and construction of camp facilities and 112km of access roads.

Want to read more?

Small article


(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map