Behind Société Générale’s financing for GreenYellow (Casino) in Madagascar
The French bank has co-financed the Ambatolampy-based photovoltaic power plant, and is working to secure other similar investments.
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▪ Behind Société Générale’s financing for GreenYellow (Casino) in Madagascar
▪ The French bank has co-financed the Ambatolampy-based photovoltaic power plant, and is working to secure other similar investments.
According to information gathered by Jeune Afrique Business+, Société Générale has contributed nearly €8m, half of the total €16.2m bill. Its contribution is complemented by €4m from BNI Madagascar, and another €4m from the Banque de Madagascar et de l’Océan Indien (BMOI).
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