Africa Finance Corporation (AFC) closed a €43 million green bond issuance to finance the Poro Power 66 MW solar project in Côte d'Ivoire, marking the first utility-scale solar plant in the West African Economic and Monetary Union (WAEMU) region. The project, developed by Poro Power, will generate enough electricity to power over 100,000 households while reducing carbon emissions by displacing fossil fuel-based generation. Located in Côte d'Ivoire, the solar facility is expected to enhance energy security and support the country's renewable energy targets under its national electrification strategy. The green bond proceeds will cover construction and operational costs, with AFC acting as the primary financier and project facilitator. This transaction underscores AFC's commitment to mobilizing capital for sustainable infrastructure in Africa, aligning with Côte d'Ivoire's goal to increase renewable energy capacity to 42% by 2030.