Ivory Coast: 1st securitisation for access to electricity registers €91m

The International Finance Corporation (IFC) and the Emerging Africa Infrastructure Fund (EAIF) are investing more than €91 million in the first securitisation of the Electricity for All Programme (PEPT) in Ivory Coast:. This transaction, denominated in local currency, is aimed at electrifying 800,000 households.

Implementation of the Electricity for All Programme (PEPT) is set to accelerate over the next few years in Ivory Coast:. A bond issued by a local-currency securitisation vehicle to support this Ivorian government initiative has attracted an investment of 60 billion CFA francs (more than 91 million euros) from two investors.