Post by MCB Group

MCB is proud to support AXIAN Energy through a USD 60 million financing facility that will help accelerate the development of renewable energy projects across Africa. Over the past two years, AXIAN Energy has significantly expanded its portfolio of renewable energy projects, with solar developments under way in Senegal, Benin, Zambia, Côte d’Ivoire, Madagascar and Burkina Faso. This momentum reflects the growing need for sustainable energy infrastructure to support economic development across the continent. This transaction builds on a longstanding relationship between MCB and AXIAN, driven by a shared commitment to sustainable growth across Africa. It also reflects MCB's expertise in delivering tailored financing solutions for complex and impactful projects. As MCB continues to strengthen its role as a leading CIB in Africa under its Vision 2030 ambition, partnerships such as this one demonstrate the Bank’s commitment to financing projects that support the continent’s long-term development. Read the full story: https://on.mcb.mu/8c680d #MCBgroup