SocGen, CreditAg complete African microfinance solar securitization
NEoT Offgrid Africa (NOA) has completed a microfinance securitization of sub-Saharan African solar trade receivables with arrangers with Société Générale and Credit Agricole to help fund renewable electricity across the Ivory Coast.
The project was intended to offer to rural populations solar panels and the associated battery, paid for with a three year monthly installment loan.Operating company Zola EDF Côte d'Ivoire (ZECI) provides appliances to customers and acts as the operator on the deal. ZECI is a joint venture between ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com