IFC Finances First Securitization for Ivory Coast’s Electricity for All Program

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Abidjan – To facilitate the implementation of the Electricity for All Program (PEPT) in Côte d’Ivoire, the International Finance Corporation (IFC) is supporting the first securitization operation of this government project.

According to Africa News Agency,, IFC aims to contribute up to 30 billion CFA francs (approximately $48.8 million), which represents half of the total bond issue of 60 billion CFA francs (approximately $97.6 million). This will support access to electrical energy for approximately 800,000 low-income households over the next four years.