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Renewable energies: the World Bank finances projects up to 750 million USD

18/12/2023
Categories: Sectors

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Dans un récent communiqué, la Banque mondiale a annoncé avoir approuvé l' octroi d' un prêt de 750 million USD in favor of Nigeria to finance renewable energy projects.

The World Bank loan to Nigeria will mobilize over $1 billion in private capital, as well as significant parallel financing from several development finance institutions. This funding will be used to finance the Distributed Access through Renewable Energy Scale-up (DARES) project, which aims to provide over 17.5 million Nigerians with new or improved access to electricity through distributed renewable energy solutions

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