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Tanzania secures $300 million funding for Kakono Hydropower Plant from AfDB, AFD, and EU to boost renewable energy capacity
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April 17, 2023April 17, 2023Uncategorized

Tanzania secures $300 million funding for Kakono Hydropower Plant from AfDB, AFD, and EU to boost renewable energy capacity

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Tanzania has signed agreements with the African Development Bank, the French Development Agency, and the European Union for two development project loans worth $300 million. The funds will be used to finance the construction of the Kakono Hydropower Plant, an 87.8-megawatt plant in the Kagera region of Tanzania. The project aims to increase renewable generation...