Tanzania: IFC joins the party at Singida wind farm

The World Bank’s International Finance Corporation (IFC) announced in December that it would be joining the consortium developing the 100MW Singida wind project. The IFC will take a 20% stake in project company Wind East Africa alongside Aldwych International (40%) and Tanzania’s Six Telecoms (40%). The investment is being made through IFC InfraVentures, which deals with constraints to private investment in infrastructure.