The financing of a new 390MW natural gas-fired power plant for Côte d’Ivoire was announced this week. The Emerging Africa Infrastructure Fund, managed by Investec Asset Management*, has contributed €36 million to a €303 million financing packaging, which was arranged by the International Finance Corporation (IFC), to build the new Atinkou facility. The total project cost is €404 million.

Atinkou is forecast to encourage new business investment in Côte d’Ivoire. The coun...