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Tanzania secures funding for Kakono hydro project

Three institutions are collaborating to provide the financing.

May 12, 2023

By Liz Bains
The government of Tanzania has secured US$300 million in funding for the construction of the 87.8MW Kanono hydropower project.Three institutions are collaborating to provide the financing. The African Development Bank will provide a US$161.47 million soft loan, the French Development Agency (AFD) will contribute a US$121.2 million soft loan, and

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