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Promotion of renewable energies: FONSIS and FAC sign an agreement

07/12/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Le mardi 05 décembre dernier, le Sovereign Fund for Strategic Investments (FONSIS) and the African Climate Foundation (FAC) have signed an agreement. It was in order to help each other develop renewable energy projects

.

The African Climate Foundation awarded a grant of 100,000 US dollars, approximately 60,678,650 CFA francs, to its partner. This grant is intended for the Renewable Energy and Energy Efficiency Fund (REEF), a structure created by FONSIS. In reality, REEF's mission is to implement projects dedicated to renewable energies in Senegal. According to Abdoulaye Diouf Sarr, the director general of FONSIS, “this agreement is not only a financial agreement

.”
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