Africa50 in partnership to develop Volobe Hydropower Project in Madagascar
Africa50, Colas, Jovena and SN Power signed a shareholders’ agreement last Friday to develop the Volobe hydropower plant in Madagascar. The project entails the construction and operation of a 120 MW hydropower plant on the Ivondro river, 40 kilometers from Toamasina, to be operated under a 35-year concession. It also includes the construction of…