AFC and Japan’s JBIC collaborate to accelerate energy transition in Africa

Africa Finance Corporation, the leading infrastructure solutions provider in Africa, and Japan Bank for International Cooperation, Japan’s policy-based financial institution, have signed a MOU to collaborate on infrastructure projects that contribute to accelerating energy transition in Africa and promoting economic sustainability on the continent. This agreement was signed yesterday on the sidelines of the 58th Annual Assembly of the African Development Bank in Egypt. Priority projects include renewable energy technologies/systems, highly energy-efficient powerplants and carbon capture and storage.

Source : Refinitiv