ECHOSYS INVEST is thrilled to announce the closing of a € 7.2 million loan from AFRIGREEN DEBT IMPACT FUND to ODASCO in Morocco, to finance the solarisation of 1,500 telecom towers in the country.
AFRIGREEN is a leading investment fund managed by RGREEN INVEST and advised by ECHOSYS INVEST, focused on sustainable energy solutions and backed by prominent institutions including the European Investment Bank (EIB), the IFC – International Finance Corporation, BIO Belgian Investment Company for Developing Countries, FMO – Dutch entrepreneurial development bank, Proparco, Société Générale, and BNP Paribas.
This funding will enable ODASCO to construct solar power plants specifically designed to electrify the telecom towers of ORANGE MAROC, enhancing energy efficiency and sustainability in the telecommunications sector.
Latest news AFRIGREEN is pleased to support the financing of Gabon’s first utility-scale solar power plant through the AFRIGREEN Debt Impact Fund, managed by RGREEN INVEST and advised by ECHOSYS INVEST. Alongside BGFIBank, AFRIGREEN has signed a €28 million loan agreement to finance Phase I of the Plaine Ayeme solar project, developed by SOLEN SA near Libreville. […]
Sandveld Solar Park (4.6MWp), financed by AFRIGREEN Debt Impact Fund, managed by RGREEN INVEST and advised by ECHOSYS INVEST, has successfully commenced commercial operations in Ghanzi, Botswana. The project will generate approximately 9 GWh of clean electricity annually and avoid nearly 9,000 tonnes of CO₂ emissions per year, while contributing to local employment and skills […]
The AFRIGREEN team is proud to have contributed to the AFSIA Africa Solar Outlook 2026, a flagship publication covering all 54 African countries. This study has become an essential reference for governments, investors, energy providers, and private-sector stakeholders shaping energy policies and investment decisions across the continent. The 2026 edition highlights that solar deployment in […]
