This is an absolute first on the West African financial market. Poro Power 1 SA's fundraising is carried out in the form of the very first green bond issued by a private energy operator in the UEMOA zone. Structured by Genesis Capital, the Ivorian investment bank headed by William Turkson and Charles Kié, the operation has three records. Namely, first green bond from a private energy operator in UEMOA, first infrastructure financing through public offering in the region, and first direct participation of the Africa Finance Corporation (AFC) in the UEMOA financial market. The AFC also disbursed 43 million euros as part of this issue. A strong symbolic fact, all of the funds were subscribed by regional investors, without recourse to traditional external capital.

Korhogo, epicenter of the solar revolution

The plant will be planned in Korhogo, in the north of Ivory Coast, with an installed capacity of 66 MWp. Scheduled to be operational in 2027, it should power nearly 400,000 homes and avoid the emission of around 70,000 tonnes of CO₂ per year. The infrastructure is backed by an electricity purchase contract signed with the State over 25 years as part of the Galilea Convention, thus guaranteeing the economic viability of the project in the long term. “This financing marks the culmination of ten years of commitment to the Ivorian energy transition,” declared Jean Marc Aïé Yapi, project promoter. catalyzes broader industrial dynamics. It comes in a context where Ivory Coast is targeting 45% renewable energy in its electricity mix by 2030, with a goal of exceeding 5,000 MW of installed capacity. It is in addition to funding of 118 billion FCFA granted by the French Development Agency (AFD) in April 2026 as part of the WASUNA program, dedicated to solar and hydroelectricity. By proving that large infrastructure projects can be born and financed locally, Poro Power opens the way to a new generation of African investors, and demonstrates the growing maturity of regional capital markets.

With Poro Power, Côte d'Ivoire is no longer content with receiving foreign financing, it is generating it itself, by declaring local entrepreneurship at the heart of its sovereignty energy.