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Aksa Energy continues to play a critical role in strengthening the region's energy infrastructure and ensuring energy supply security through its power plant projects implemented across Africa. The company has signed a financing agreement worth USD 150 million with Africa Finance Corporation (AFC), one of the continents leading development finance institutions. This strong collaboration not only paves the way for Aksa Energy’s new investments in Africa but also marks an important milestone reinforcing the company’s leadership in shaping the region's energy future.
The Türkiye–Africa Day event, organized to promote stronger cooperation between Türkiye and Africa in the fields of infrastructure, energy, finance, and technology, hosted a significant signing ceremony dedicated to Africa's energy future. Under the agreement signed by Mr. Cemil Kazancı, Chairman of the Board and CEO of Aksa Energy, and Mr. Samaila Zubairu, President of AFC, AFC will provide USD 150 million in financial support to Aksa Energy for natural gas-based power plant projects in the African region.
Commenting on the agreement, Cemil Kazancı, Chairman of the Board and CEO of Aksa Energy, stated: "In line with our 2030 Global Strategy and our sustainable high-growth target, we are not only generating electricity across Africa but also building reliable energy infrastructures, supporting economic development, and accelerating the region's energy transition. Our power plant investments in Africa, equipped with advanced engineering and cutting-edge technology, are the clearest indicators of our concrete contribution to the region's energy supply security. The significant agreement we have signed today represents a new milestone in our journey of creating long-term value in Africa. Together with a strong partner like AFC, we will continue to work with determination to make Africa’s energy future more sustainable, accessible, and secure."
