{"id":116,"date":"2020-02-25T09:00:00","date_gmt":"2020-02-25T09:00:00","guid":{"rendered":"http:\/\/infrastructurebrief.com\/?p=116"},"modified":"2023-12-18T19:29:49","modified_gmt":"2023-12-18T19:29:49","slug":"afc-to-invest-63m-in-djibouti-wind-farm","status":"publish","type":"post","link":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/","title":{"rendered":"AFC to invest $63M in Djibouti wind farm"},"content":{"rendered":"\n<p>Africa Finance Corporation (AFC) is investing $63 million to build \nand operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based \ndevelopment financier said on Monday.<\/p>\n\n\n\n<p>Established\n in 2007 by West African states such as Nigeria and Ghana to invest in \ninfrastructure projects across the continent, AFC has a balance sheet of\n about $5 billion.<\/p>\n\n\n\n<p>It is partnering \nwith Great Horn Investment Holdings, Climate Fund Managers and Dutch \ndevelopment bank FMO in the project, which is located in the Ghoubet \narea near Lake Assal.<\/p>\n\n\n\n<p>Operations at the\n project, which already has a 25-year power purchase agreement with \npower distributor \u00c9lectricit\u00e9 de Djibouti, are scheduled to start in \n2021.<\/p>\n\n\n\n<p>The Horn of \nAfrican nation&#8217;s power sector faces significant challenges, AFC said in a\n statement, with less than 100 MW reliably available for a population of\n close to a million people.<\/p>\n\n\n\n<p>&#8220;Electricity \ndemand is also expected to considerably increase due to various \nlarge-scale infrastructure projects including ports, free-trade zones \nand railways that the Government of Djibouti has undertaken,&#8221; it said.<\/p>\n\n\n\n<p>Backing for the \nproject is all sponsor equity financing, AFC said, enabling construction\n to begin within two years, rather than the usual 3-5 years. It also has\n some government and third-party guarantees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based development financier said on Monday. Established in 2007 by West African states such as Nigeria and Ghana to invest in infrastructure projects across the continent, AFC has a balance sheet of about $5 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2,20],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AFC to invest $63M in Djibouti wind farm - Infrastructure Brief<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AFC to invest $63M in Djibouti wind farm - Infrastructure Brief\" \/>\n<meta property=\"og:description\" content=\"Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based development financier said on Monday. Established in 2007 by West African states such as Nigeria and Ghana to invest in infrastructure projects across the continent, AFC has a balance sheet of about $5 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\" \/>\n<meta property=\"og:site_name\" content=\"Infrastructure Brief\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-25T09:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T19:29:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/djibouti_energy-e1582606328842.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"448\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kevin Davids\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Davids\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\"},\"author\":{\"name\":\"Kevin Davids\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f\"},\"headline\":\"AFC to invest $63M in Djibouti wind farm\",\"datePublished\":\"2020-02-25T09:00:00+00:00\",\"dateModified\":\"2023-12-18T19:29:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\"},\"articleSection\":[\"Africa\",\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\",\"url\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\",\"name\":\"AFC to invest $63M in Djibouti wind farm - Infrastructure Brief\",\"isPartOf\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#website\"},\"datePublished\":\"2020-02-25T09:00:00+00:00\",\"dateModified\":\"2023-12-18T19:29:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infrastructurebrief.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AFC to invest $63M in Djibouti wind farm\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infrastructurebrief.com\/#website\",\"url\":\"https:\/\/infrastructurebrief.com\/\",\"name\":\"Infrastructure Brief\",\"description\":\"News and opinion on public works procurement\",\"publisher\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infrastructurebrief.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infrastructurebrief.com\/#organization\",\"name\":\"Infrastructure Brief\",\"url\":\"https:\/\/infrastructurebrief.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png\",\"contentUrl\":\"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png\",\"width\":170,\"height\":42,\"caption\":\"Infrastructure Brief\"},\"image\":{\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f\",\"name\":\"Kevin Davids\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AFC to invest $63M in Djibouti wind farm - Infrastructure Brief","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/","og_locale":"en_US","og_type":"article","og_title":"AFC to invest $63M in Djibouti wind farm - Infrastructure Brief","og_description":"Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based development financier said on Monday. Established in 2007 by West African states such as Nigeria and Ghana to invest in infrastructure projects across the continent, AFC has a balance sheet of about $5 [&hellip;]","og_url":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/","og_site_name":"Infrastructure Brief","article_published_time":"2020-02-25T09:00:00+00:00","article_modified_time":"2023-12-18T19:29:49+00:00","og_image":[{"width":800,"height":448,"url":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/djibouti_energy-e1582606328842.jpg","type":"image\/jpeg"}],"author":"Kevin Davids","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kevin Davids","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#article","isPartOf":{"@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/"},"author":{"name":"Kevin Davids","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f"},"headline":"AFC to invest $63M in Djibouti wind farm","datePublished":"2020-02-25T09:00:00+00:00","dateModified":"2023-12-18T19:29:49+00:00","mainEntityOfPage":{"@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/"},"wordCount":203,"publisher":{"@id":"https:\/\/infrastructurebrief.com\/#organization"},"articleSection":["Africa","Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/","url":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/","name":"AFC to invest $63M in Djibouti wind farm - Infrastructure Brief","isPartOf":{"@id":"https:\/\/infrastructurebrief.com\/#website"},"datePublished":"2020-02-25T09:00:00+00:00","dateModified":"2023-12-18T19:29:49+00:00","breadcrumb":{"@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infrastructurebrief.com\/afc-to-invest-63m-in-djibouti-wind-farm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infrastructurebrief.com\/"},{"@type":"ListItem","position":2,"name":"AFC to invest $63M in Djibouti wind farm"}]},{"@type":"WebSite","@id":"https:\/\/infrastructurebrief.com\/#website","url":"https:\/\/infrastructurebrief.com\/","name":"Infrastructure Brief","description":"News and opinion on public works procurement","publisher":{"@id":"https:\/\/infrastructurebrief.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infrastructurebrief.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infrastructurebrief.com\/#organization","name":"Infrastructure Brief","url":"https:\/\/infrastructurebrief.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/","url":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png","contentUrl":"https:\/\/infrastructurebrief.com\/wp-content\/uploads\/inflogo.png","width":170,"height":42,"caption":"Infrastructure Brief"},"image":{"@id":"https:\/\/infrastructurebrief.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infrastructurebrief.com\/#\/schema\/person\/cb2b16f358d6041d851d019724ece54f","name":"Kevin Davids"}]}},"featured_image_src":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/djibouti_energy-e1582606328842.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/djibouti_energy-e1582606328842.jpg?resize=600%2C448&ssl=1","author_info":{"display_name":"Kevin Davids","author_link":"https:\/\/infrastructurebrief.com\/author\/kevind\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/infrastructurebrief.com\/wp-content\/uploads\/djibouti_energy-e1582606328842.jpg?fit=800%2C448&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/116"}],"collection":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/comments?post=116"}],"version-history":[{"count":1,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/116\/revisions"}],"predecessor-version":[{"id":1284,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/posts\/116\/revisions\/1284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/media\/117"}],"wp:attachment":[{"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/media?parent=116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/categories?post=116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infrastructurebrief.com\/wp-json\/wp\/v2\/tags?post=116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}