IFC partners with Moroccan company to develop clean power projects - News Summed Up

IFC partners with Moroccan company to develop clean power projects


The International Finance Corporation (IFC) has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa. Originally developed by the Moroccan renewable energy developer, Gaia Energy, this pipeline will be progressively enlarged to new countries across the continent. IFC and Gaia share the same values and vision regarding sustainability and the importance of South/South Cooperation to build tomorrow’s Africa. “Wind energy and renewable energy in general are priority areas identified in the World Bank Group's strategy to advance climate solutions led by the private sector. IFC is pleased to partner with Gaia Energy and leverage a quality project pipeline in countries with strong wind potential,” said David Donaldson, IFC head of InfraVentures for sub-Saharan Africa.


Source: The North Africa Journal August 02, 2018 07:07 UTC



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