Article length: 151 words
Gambia: EU funding for solar, grid infrastructure
The European Union will provide E106m ($119m) for a clean energy programme to be implemented by National Water and Electricity Company. This includes E65m under a 25-year concessional loan from the European Investment Bank and a E41m grant from the European Union budget. The project will also be supported by E35.7m of financing from the World Bank. The project aims to develop a 20MW solar photovoltaic plant at Jambur near Banjul and 400km of distribution infrastructure.
Credit value: 1