AfDB and AGTF back Nigerian mini grid programme

In:

Renewable energy

Region:

Middle East & Africa

The African Development Bank (AfDB) and Africa Growing Together Fund (AGTF) are providing $200 million to support Nigeria's National Electrification Project (NEP). The financing will help mitigate risk and facilitate more private investment in mini grid and off-grid solutions. AfDB says it should translate to around 76.5MW of new capacity, of which 68MW will be derived from solar.

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