African Development Bank to provide €39 million loan package for Gabon’s first independent hydropower project
The project entails the design, construction, and operation of a 34.1-megawatt power plant with a net annual generation of 203-gigawatt hours
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €39 million loan package for the construction of the Kinguélé Aval hydroelectric project in Gabon. The package comprises €20 million from the African Development Bank, €10 million from the Africa Growing Together Fund and €9 million…