EDF, AXIAN Group, and Africa50 have partnered to develop the Volobe hydroelectric dam in Madagascar, projected to produce 750GWh annually, significantly enhancing the country's energy supply.

Target Information

On April 23, 2025, during the state visit of French President Emmanuel Macron, an agreement was signed by Béatrice Buffon, Executive Director and CEO of EDF Renewables, alongside Amine Hiridjee, Co-CEO of AXIAN Group, and Demba Diallo, Africa50 Development Director. This agreement pertains to the development, construction, and operation of the Volobe hydroelectric dam in Madagascar, which will have a capacity of 120MW.

The Volobe dam is strategically located in Tamatave, in the northeastern region of Madagascar, and is deemed a priority infrastructure project by the Malagasy government. The dam is expected to produce approximately 750GWh of electricity annually, equating to about one-third of the country's current electricity output. This project aims to enhance Madagascar's electricity supply while contributing to the decarbonization of its energy mix.

Industry Overview in Madagascar

The energy sector in Madagascar has historically faced challenges due to inadequate infrastructure and limited access to electricity, affecting both economic development and quality of l