Development Banks Spur $1 Billion for West African Energy Plan

  • Hydroelectric plans and power interconnections get funding
  • Project located on Gambia river in southeastern Senegal

Ten development banks are collaborating to mobilize 938 million euros ($1 billion) of investment in a hydro-power dam and an interconnection system to provide electricity to Gambia, Guinea, Guinea-Bissau and Senegal in West Africa.

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