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Gabon: IFC considers financing Kinguélé Aval

The International Finance Corporation (IFC) is considering supporting the construction of the 34MW Kinguélé Aval. The private investment arm of the World Bank disclosed on 18 June that it will propose an A Loan of up to €40m, a senior concessional loan from IFC as implementing entity of the Canada-IFC Renewable Energy Program for Africa of up to $25m as well as risk management products such as interest rate and/or cross currency swaps.

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