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November 2016

Africa: AfDb Guarantees $12bn Investment in Electricity Over Five Years

Africa: AfDb Guarantees $12bn Investment in Electricity Over Five Years

NIGERIA ELECTRICITY - The 8th President of the African Development Bank (AfDB), Akinwumi Adesina has explained that AfDB would invest $12bn over the next five years in support of accelerated electricity supply in Africa and would leverage between $45 to $50m from the private sector.