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Western Africa

World Bank Lends US$750 Million For Distributed Power In Nigeria

Project aims to provide electricity access for 17.5 million Nigerians.

April 15, 2024

By Sneha Abraham
Nigeria’s Ministry of Finance has signed an agreement with the World Bank for the provision of US$750 million in credit for the implementation of the Distributed Access through Renewable Energy Scale-up (DARES) project.The DARES project aims to provide some 17.5 million Nigerians and up to 237,000 micro, small and medium

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