In Togo, the Sokodé solar photovoltaic power plant project with an announced capacity of 62 MW, led by Meridiam and EDF, will be supported by the Insurance for Trade and Investment Development in Africa (ATIDI). Thanks to its Regional Liquidity Support Facility (RLSF), the pan-African institution will guarantee up to six months of revenue, thus reducing the risks of non-payment associated with the electricity sales contract to CEET, according to a press release published on July 7, 2025 in Nairobi

Supported by Meridiam and EDF, the power plant will be connected to the national grid through a new 11 km line financed by the State. The electricity will be sold to the Compagnie Énergie Électrique du Togo (CEET) under a 25-year power purchase contract on a take-or-pay basis. The guarantee covers up to six months of income over a period of fifteen years, thus removing one of the main points of reluctance for investors

In a country where more than 40% of the population lives without electricity and where 80% of the supply still depends on fossil fuels and imports, the Sokodé project must contribute to the objective of universal access by 2030, and to a 50% share of renewables in the national mix.

Other examples confirm the concrete impact of ATIDI's liquidity guarantee. In Burundi, RLSF coverage supported the financing of two hydroelectric power plants developed by SongaEnergy, supported by the Trade and Development Bank and Anzana Electric Group. In Ethiopia, a similar memorandum of understanding aims to facilitate the establishment of public-private partnerships in solar and hydroelectricity, using this same payment security tool

These projects show that by mitigating the risk of late payments, RLSF unlocks access to credit, especially for countries where investors are still hesitant to make a long-term commitment. In West Africa, where several states still depend on electricity imports and fossil fuels, the establishment of liquidity coverage as for the Sokodé solar project illustrates the desire to secure the financial flows of independent producers and to facilitate the mobilization of private financing to develop solar potential that is still