Asogli Power Seeks More Business Opportunities in Francophone Africa, Meets Cote D’Ivoire Envoy to Ghana and Togo

February 6, 2023

Sunon Asogli Power, buoyed by its success in Ghana and West Africa, has stated its intention to mobilize major power plant investment to serve the francophone market, despite the numerous apparent obstacles. This was revealed last Thursday when its Chairman, Mr. Yang Qun, and Board Member, Togbe Afede XIV, met with a delegation led by Ambassador Tiemoko Moriko from the Cote d’Ivoire embassy in Ghana and Togo. It is the third diplomatic visit to the power plant this year, following Her Excellency Selma Ashipala-Musavyi of Namibia and Ghanaian Ambassador to China, H.E. Dr. Winfred N. O. Hammond, and reflects the company’s determination to expand its operations across the continent.

Francophone West Africa and Southern Africa have emerged as the Group Company’s dominant target markets. Sunon Asogli Power made some progress last year when it won a public tender for gas-to-power in Cameroon. Sunon Asogli Power and its Chinese partner, China Africa Development Fund, are more determined than ever to increase investment in clean and renewable energy in order to provide stable and affordable electricity for the region’s economic growth.

Togbe Afede XIV, speaking on behalf of Asogli Power, shed more light on the company’s accomplishments and strategic objectives in Ghana, as well as those of its group company, Shenzhen Energy Group. He asserted that the type of investment offered by Sunon Asogli Power is sound, less complex, and yields greater social and economic benefits. The Asogli power plant, which began with 200MW, is now the country’s largest Chinese investment. With a current capacity of 560MW, it has set an example by providing Ghanaians with the most cost-effective power generation source.

H.E Tiemoko Moriko also expressed his heartfelt gratitude to the company and His Majesty, Togbe Afede XIV, who he said has provided the diplomatic community with unwavering support, which has greatly contributed to his joyful stay and successful mission in the country.

Touching on Asogli’s objectives in Côte d´Ivoire, he explained that while he is quite impressed with what Asogli has done in Ghana, Côte d´Ivoire also has a huge potential and offers a greater attraction. H.E acknowledged that there is still more potential and expressed his sincere optimism that SAP’s objectives in Côte d´Ivoire will materialize even in his absence.

The meeting ended with a tour around the plant.