Tanzanian hydro project receives loan backing

Tanzanian hydro project receives loan backing

Tanzanian hydro project receives loan backing

A hydroelectric power station will be built in Western Tanzania with a USD 120 million loan from the African Development Bank (AfDB). Based in Kigoma, the Malagarasi Hydropower project will cost USD 144.14 million in total and will connect to the national grid, supply rural areas, provide administration and manage the resettlement of people affected by the project.

For more information, please see https://iclg.com/alb/15172-tanzanian-hydro-project-receives-loan-backing

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