Africa50 Completes Financing for the Senegalese Power Facility.

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The co-developed 120 Megawatt power plant in Malicounda, Senegal, which cost €154 million to complete, was co-developed by Africa50 and its partners.

The combined cycle power plant can increase the nation’s power generation capacity by 8% while significantly lowering generation costs. It can produce more than 956 GWh of baseload electricity annually.

In order to switch Senegal’s energy mix to a cleaner fuel, the Malicounda power station is also built to convert to the usage of natural gas as soon as it becomes available from domestic reserves that are now under development.

Through the creation of jobs in the area, training of local technicians to be integrated into the project’s operational phase, gender promotion in the recruitment process, and other methods, a significant development impact was produced.

“As part of Africa50’s drive to support the continent’s just energy transition, we have invested significantly in the power sector and 17 million people in Africa now have access to reliable electricity through projects financed by Africa50”, said Alain Ebobissé, the CEO of Africa50. “

“The Malicounda Project marks MPGs third long-term investment in Senegal’s power sector following the Kounoune and Tobene Projects.


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