Posted by: APO | 26 November 2020

Tanzania: African Development Bank approves $120 million loan to build Malagarasi Hydropower Project

The Board of Directors of the African Development Bank (https://www.AfDB.org/) have approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable renewable energy to households, schools, clinics and small and medium-sized enterprises in the Kigoma Region. The Malagarasi Hydropower project has several components: a run-of-the-river… Read more on https://afdb.africa-newsroom.com/press/tanzania-african-development-bank-approves-120-million-loan-to-build-malagarasi-hydropower-project?lang=en


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