Mark Cables to Invest $215M to Build 200MW Power Plant in Burkina
On 26 January 2026, Rwandan-owned and UAE-based firm, Mark Cables, announced that it is investing EUR 180 million ($215M) to build a 200 MW thermal power plant in Burkina Faso. The new project will increase the national production capacity by 50%.
Recently, the country embarked on a #RenewableEnergy drive and managed to add 25% of capacity thanks to #PV deployment. However, the capacity is still insufficient, and Burkina Faso is a net importer of electricity via the West Africa Power Pool (WAPP), buying mostly from neighboring Cote d’Ivoire and Ghana.
“This project is in direct response to the operational realities and urgencies of the energy demands of the continent. It is a highly transformative for the economy and has been made possible thanks to innovative and agile financing, which provided effective mecanisms to transition quickly from concept to implementation.”
Mark Cables CEO Mahmoud Nasr
Like many African countries, Burkina Faso has elevated #ElectricityAccess as one of the priorities of its National Development Plan (#NDP). Thusm the Burkinabese Government extended all facilities to the investor and streamlined the processing.
Thanks to the ‘close collaboration with the authorities’, Mark Cables was able to complete the project development phase in a record six-month period. The project is an example of Public-Private Partnership (#PPP) implemented under the Finance-Build-Operate-Transfer (#FBOT) model.
“WAPP is proud to welcome Mark Cables as a member during this General Assembly. Their technical expertise and execution capability will contribute significantly to ‘energize’ the power sector and the regional economies.”
WAPP SG Abdoulaye Dia
A major milestone was attained on the 24th of January, 2026, when WAPP approved the membership of Mark Cables during its General Assembly in Lome, Togo. In so doing, Mark Cables will be able to extend its expertise across the West African region.
In that context, it is worth recalling that the United Arab Emirates is aggressively developing the African market. From 2019 to 2023, the UAE has injected USD 110 billion into projects in Africa.
