Launch Partners

Saturday, May 25, 2024

Launch Partners

African Development Bank approves US$66.39 million to fund Guinea Power Access Improvement Project

GUINEA: The African Development Bank has approved a US$66.39 million support package for Guinea to fund the Guinea Power Access Improvement Project, a statement confirmed. The project is co-financed by the IsDB. The support package consists of a US$4.17 million grant and a US$9.37 million loan from the African Development Fund and a US$24.13 million grant and a US$28.72 million loan from the Transition Support Facility. 

There will be an estimated 100,000 direct beneficiaries of the project composed of individual households, women’s associations, health centers, schools and businesses.

Related Articles


Please enter your comment!
Please enter your name here