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  • 25% electricity boost for Mali as €122 million power station opens Project supported by PIDG companies’ collaborative blended finance approach

    The value of innovative blended financing for major infrastructure projects in Africa was demonstrated today with the opening of the 90MW Albatros Energy Mali (AEM) power station in Hawa-Dembaya district, Mali. The plant is expected to increase Mali’s effective base load electricity capacity by 25%, providing up to 4.5 million people with improved access to power and paving the way for new renewable energy facilities.

  • Moody’s: GuarantCo’s credit profile reflects its solid capitalisation and strong liquidity buffers

    GuarantCo's (A1 stable) credit profile reflects the company's solid capitalisation and strong liquidity buffers, reinforced by an absence of debt funding. Moody's Investors Service said in annual report

  • PIDG announces new funding of up to £500m

    New funding part of £4bn for Africa announced by UK Prime Minister