Govt seeks $5.2bn World Bank facility to boost electricity

Govt seeks $5.2bn World Bank facility to boost electricity
The Multilateral Investment Guarantee Agency (MIGA) will provide $1.4 billion in the form of equity and debt for gas and solar power programmes. These would be in addition to the $2.5 billion loan the country is seeking from the World Bank to help improve the distribution of power, expand transmission-capacity as well as increase access to electricity in rural areas. These bring the sector international facility quest to a total of $5.2 billion. More »
Govt seeks $5.2bn World Bank facility to boost electricity Govt seeks $5.2bn World Bank facility to boost electricity Reviewed by Crude Oil Facilitators on 09:40 Rating: 5

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