IFC and backers await green light from authorities for Madagascar Volobe Dam

IFC and backers await green light from authorities for Madagascar Volobe Dam

Led by Axian, SN Power, Africa50 and Colas, the €350 million dam project in eastern Madagascar has completed all its preparatory phases. It also received twice as many pledges as needed under IFC auspices.

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            ▪ IFC and backers await green light from authorities for Madagascar Volobe Dam

▪ Led by Axian, SN Power, Africa50 and Colas, the €350 million dam project in eastern Madagascar has completed all its preparatory phases. It also received twice as many pledges as needed under IFC auspices.

https://www.africabusinessplus.com/en/807426/ifc-and-backers-await-green-light-from-authorities-for-madagascar-volobe-dam/

Very advanced in its design stage but delayed by the health crisis, the Volobe hydroelectric dam project near Toamasina on Madagascar’s east coast is on the final step before its launch.

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