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Afreximbank, Ndar Energies Sign Senegal Power Plant Agreement

admin by admin
March 1, 2023
in Gold News


The African Export-Import Bank (Afreximbank) has signed a Framework Agreement with Senegalese power firm Ndar Energies for the development of a 250 MW gas-to-power facility. The project, set to be located in Saint Louis in Senegal, will comprise a combined cycle gas turbine power plant and pipeline. Afreximbank and Ndar Energies will co-finance the development, design, construction and operation of the project. Afreximbank will participate in the project as Lead Project Developer and Mandated Lead Arranger – thereby taking charge of preparatory services and syndicating debt raise.



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