African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic Governance and Energy Transition Support Program (EGET-SP), a new program aimed at accelerating transformation of the country’s electricity infrastructure and improving access to cleaner sources of energy.
Source: African Development Bank Group (link opens in a new window)
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