Kenya: AfDB approves €115m for Turkana



Issue 253 - 03 May 2013 | 1 minute read

The African Development Bank (AfDB) on 26 April approved a €115m ($152m) financial package for the 300MW Lake Turkana wind power project. The AfDB is mandated lead arranger for the project and expects to raise more than €127m senior debt and a further €58m subordinated debt once the project is officially launched in May.

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