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Focus Sectors & Criteria
We prioritize investment in the power, ICT, transport, and midstream gas sectors.
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Investment Vehicles
Bringing project development and financing together in one organization, Africa50 seeks to provide support at every stage of the project cycle.
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Innovation Challenge
Join Africa50 in finding innovative solutions to respond to Africa’s most critical and pressing infrastructure challenges.
Senegal
Africa50-Project Finance
Tobene Power is a 115MW power plant in Senegal. This power plant is Africa50’s first investment in the Melec Power Gen portfolio. Tobene Power provides flexible grid-stabilizing generation capacity at competitive tariffs that helps close the electricity supply gap.
Africa50's Role
Equity investment.
Development Impact
- Tobene Power provides flexible grid-stabilizing baseload generation capacity at competitive
tariffs, which helps close the electricity supply gap in Senegal. - Ongoing operations from Tobene Power provide direct jobs and support additional local
employment through increased productivity and purchase of local goods and services.
Environment
- Tobene Power has been designed for conversion to natural gas from local gas fields. This should reduce emissions.