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Madagascar’s Filatex seeks finance for African solar power expansion

Filatex of Madagascar aims to enter the solar power markets in Ghana, Guinea, Côte d’Ivoire and Mauritius in 2020, CEO Hasnaine Yavarhoussen and COO George Condé tell The Africa Report in an interview.

The family-owned real-estate company is in advanced talks to enter all four countries, where it plans up to a total of 150MW of solar capacity for an investment of $150m, the executives say. Technical analysis of possible sites has been carried out in the target countries, they add.

Read the full article on The Africa Report