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African Development Bank To Finance Gabon’s First Independent Hydropower Project

African Development Bank To Finance Gabon’s First Independent Hydro

The Board of Directors of the African Development Bank Group (AFDB) has approved a €39 million loan to Gabon. This funding will be directed to the construction of Gabon’s first independent hydroelectric dam in Kinguele Aval. The package includes €20 million from the African Development Bank. In addition to that, €10 million from the Africa Growing Together Fund and €9 ...

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