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AfDB APPROVED US$302M FOR MAURITANIA-MALI 225KV ELECTRICITY PROJECT
The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a $302.9 million loan co-financing for a multinational power project that will connect 100,000 households across Mauritania and Mali. The Mauritania-Mali 225kV Electricity Interconnection and Solar Power Plant Development Project form part of the Desert to Power Initiative. The funds comprise $269.6 million for Mauritania and $33.3 million for Mali. Other partners, including climate funds,…
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