African Development Bank Group (AfDB) / Press release | Madagascar: The African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project
Madagascar: The African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project The project will help to feed the power generated by the Sahofika Hydropower Plant into the national grid, supplying some 8 million people with affordable, clean energy ABIDJAN, Ivory Coast, December 18, 2020/APO Group/ -- The Board of Directors of the African Development Bank (https://www.AfDB.org/) has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and interconnection project in Madagascar. The Power Transmission...