2023-10-04 17:12:09
Ambroise Fayolle has been vice-president of the European Investment Bank (EIB) since February 24, 2015. Here, in Brussels, February 22, 2016. © Dursun Aydemir / Anadolu Agency via AFP
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Emre Sari – in Antananarivo
Published on October 4, 2023
Lecture : 3 minutes.
Madagascar in the program of the European Investment Bank (EIB). Ambroise Fayolle, its vice-president, was passing through the Big Island, at the end of July, notably on the occasion of the announcement of a loan to WeLight, a designer and distributor of mini solar electric networks (mini-grids), subsidiary company of the Axian group. The opportunity to broaden the discussion on similar investments made par the EIB in Africa, the leading continent receiving financing outside Europe, with approximately half of the 10 billion euros of envelope outside the European Union provisioned on and total volume of 65 billion euros.
Young Africa : You granted and loan of 10 million euros to WeLight which should make it possible to provide of electricity to a total of 172 villages and around 400,000 people, in 2024. Why did you choose this operator among the multitude of players in the mini-grids ?
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