What’s at stake

Sustainably finance the green growth of Africa

Qair and STOA’s willingness to jointly invest in renewable energy projects in Africa stems from their shared belief that there is a great need for massive investments in low-carbon energy in many African countries, whose electricity sectors often prove to be unreliable and extremely costly for both public authorities and end-consumers. This partnership will contribute to the development of a sustainable energy mix and help meet the growing needs of rapidly expanding populations.

A first project delivering high impacts

The ambition driving the inaugural integration of a first project into the MIHIA platform, the Zano solar power plant, is to provide the people of Burkina Faso with accessible, functional and clean infrastructure while contributing to the growth of sustainable and resilient economies.

Developed in partnership with the Burkinabé company Syscom Network, the plant will thus actively participate in the sustainable improvement of the country’s electricity supply, as well as in the increase in its electrification rate. In the long run, the development of such projects will significantly reduce the numerous power cuts experienced by the country, by ensuring a better national territory coverage.