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- France deepens stake in African renewables
France deepens stake in African renewables
Source: Ambassade de France au Kenya
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France is expanding its engagement in African renewable energy. Proparco, the French development finance institution, has completed an equity co-investment in a 100 MW Wind farm located in Kenya. Simultaneously, it also signed a financial protocol in Mauritania to fund the construction of 10 solar power stations equipped with storage units.
France funds African renewables through the French Development Agency (AFD) and its subsidiary, Proparco, which partners with other financial institutions and private firms to deploy capital across the continent.
Though not all of its African renewable investments have been disclosed, the country has committed at least $184 million in renewables so far in 2025.
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