Energy Infrastructure Project in the Republic of Togo

IIB-DG Africa
signs an agreement with SIDMIT Services d’Incinération des Déchets Ménagers & Industriels of Republic of Togo FOR FINANCING, CONSTRUCTION, DESIGN, AND OPERATION PROGRAM OF ENVIRONMENTAL AND ENERGY POLE FOR WASTE MANAGEMENT WITH ELECTRICITY GENERATION BIO-FUEL & FERTILIZERS, valued at USD200 Million

March 19, 2020

SIDMIT, Services d’Incinération des Déchets Ménagers & Industriels represented by CEO, Eric KENTZLER, received on August 10, 2017 from the Republic of Togo represented by the Minister of Environmental, Mr. Andre Kouassi Ablom Johnson, a Validation certificate for FINANCING, CONSTRUCTION, DESIGN, AND OPERATION PROGRAM OF ENVIRONMENTAL AND ENERGY POLE FOR WASTE MANAGEMENT WITH ELECTRICITY GENERATION BIO-FUEL & FERTILIZERS.

The project is located in KPOME, 25 km northeast of the capital, LOME. The site is accessible by paved roads. The proposed site is located in the Maritime Region, on the Prefecture of Lomé.

The project includes the sorting and treatment of household and industrial waste. The facility will allow the treatment of 300,000 tonnes of wastes per year: (more than 800 tonnes / day). Main goals: 1) Production of electricity from the heat of various activities in the center. The equipment will supply the public network.

The Project and the Environmental and Social Impact Study, which was carried out around its implementation, received the approval of the Togolese Ministry of the Environment and a more than favorable reception from the population. Indeed, in addition to offering a waste management service, the project aims to generate electricity for a capacity of one hundred (100) GW, which will supply the public grid, facilities will also produce organic amendments and fertilizers essential to the development and sustainability of our agriculture.

For SIDMIT CEO, Eric KENTZLER, this project will form the basis for other projects, not only for Togo but also for other African countries, being in the same situation and with whom we also have
relationships.

SIDMIT wishes the project to be carried out and financed by IIB Development Group, LLC, and signed a contract on March 19, 2020 with IIB-DG.

About IIB-DG Africa

IIB Development is a consortium of US-based companies specializing in financing and infrastructure development. IIB Development Group brings together experts in synergistic industries to develop turnkey innovative solutions in infrastructure and development – housing, roads, water and wastewater, energy, railways as well as financing of all these projects

IIB Development Group is a centre of excellence for financing and infrastructure development at affordable levels using environmentally sustainable approaches, which meet the growing needs of developing countries. IIB-DG offers state-of-the-art, innovative, and affordable technology and works with the governments and local partners, including, where possible, setting up manufacturing plants locally to produce building units for residential and commercial structures.

www.IIBdevolopmenrgroup.com

About SIDMIT

SIDMIT, COLLECTE, TRI ET TRAITEMENTDES DECHETS POUR FAIRE DU DECHET UNE RESSOURCE
Services d’Incinération des Déchets Ménagers & Industriels du Togo
113 boulevard du 13 janvier – LOMETOGO
Téléphone: +228 97 29 11 24
kentzleric@yahoo.fr

About Republic of Togo

Togo is currently in deficit for the controlled treatment of household and similar waste.
The waste is currently deposited on unauthorized plots near cities. The populations including young children then frequent these landfills to find waste recoverable.

These wild dumps pose an epidemiological risk for the populations (inhalation and ingestion of dust and bacteria) and an environmental risk (pollution of water from streams, water made non-potable in wells). Waste arrives from all sides without control. You can find cans or drums. In lack of solutions, waste is no longer collected and accumulates on the streets.

Media Contacts
Carolina Mateos
Corporate Affairs and Investor Relations
IIB Development Group
info@iibdevelopmentgroup.com