Africa Finance Corporation provides $300M financing for Burkina Faso’s 119 MW thermal power plant
Type: Financing · Technology: Gas · Country: Burkina Faso · Capacity: 119 MW · Value: $300M · Announced: 2026-07-09
Africa Finance Corporation is providing $300 million financing to Aksa Enerji for a 119 MW thermal power plant in Burkina Faso. The plant will become the largest power generation facility in the country and is projected to reduce electricity imports by more than 50 %. Completion is targeted for 2027, delivering reliable electricity to support industrial growth. The financing expands AFC’s portfolio of African energy projects while helping Burkina Faso advance its electricity access objectives. No advisory or legal firms are cited in the announcement.
Counterparties
- Aksa Enerji (Borrower)
- Africa Finance Corporation (Lender)