The African Development Bank (AfDB) announced on 26 April that it had approved two loans worth a combined $180m to finance the Transmission System Reinforcement and Last Mile Connectivity project in Rwanda. The AfDB is providing $140m from its sovereign window and $40m from the Africa Growing Together Fund. It had previously approved an $84.2m concessional loan from the African Development Fund in May 2021.
Tagged with:
Related topics:
Transmission investment - can new schemes unlock Africa's power markets?
Subscribe to African Energy