Japan offers up to $6bn for energy

Issue 350 - 14 Jul 2017 | 1 minute read

The government of Japan and the African Development Bank (AfDB) have signed a letter of intent to launch the Japan-Africa Energy Initiative to support the New Deal on Energy for Africa which aims to achieve universal access to energy by 2025. The AfDB said Japan was prepared to provide up to $6bn in concessional and non-concessional finance to support the provision of electricity for homes, schools, hospitals, agriculture, industries and clean cooking.

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