The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (https://apo-opa.co/3trS2Yo) (http://www.AfDB.org), 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 (https://apo-opa.co/3ROS5H3) Initiative. The Mauritania-Mali 225kV electricity interconnection project, combined with the development of solar power plants, represents a strategic investment to support rapid solar energy production and guarantee universal access to electricity in the two Sahel countries. Distributed by APO Group on behalf of African Development Bank Group (AfDB). Media contact:Romaric Ollo Hien,Communication and External Relations Department,media@afdb.orgAbout the Desert to Power Initiative:Launched in 2019, Desert to Power is an initiative designed and implemented by the African Development Bank.
Source: The North Africa Journal December 19, 2023 19:06 UTC