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Mauritius/Rwanda: ADFD to fund solar PV projects
The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) have announced that $25m in concessional loans from ADFD have been earmarked for solar photovoltaic (PV) projects in Mauritius and Rwanda. The projects are being financed through the Irena/ADFD project facility, which helps developing countries access low-cost capital for renewable energy projects. The loans cover up to 50% of project costs, leveraging additional funding from other sources.
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