A new power plant for Senegal

Construction and operation of a 96MW HFO fired power plant in Senegal.

August 2014

Tobene Power

Overall: €124m
EAIF: €25m

Because it is sited at the node point of Senegal’s national electricity grid, the energy supply to the country will be more stable and reliable. Businesses can have more confidence in investment decisions which in turn can strengthen the economy, reduce unemployment and reduce poverty. The Matelec Group’s power station investment will employ around 600 people in the construction phase and 63 full-time staff when open for business.

Applying for project support

If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.

EAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. Enquiries are also welcome from  financial advisers and specialist consultants.