Funding of USD 60 million has been made available by Mauritius Commercial Bank, to support electrification and liquefied natural gas (LNG) development in Senegal.

The project finance loan provided by Mauritius Commercial Bank (MCB) is the largest contribution to a total USD 140 million being made available to Karpowership, owner, operator and developer of powerships, on which power plants are built.

For more information, please see https://iclg.com/alb/16145-senegal-ramps-up-electrification-efforts