21 November, 2019
Article length: 82 words
São Tomé and Príncipe: €12m AfDB grant
On 25 March, the African Development Bank-administered African Development Fund approved a €12.46m ($13.6m) grant to finance the Energy Transition and Institutional Support Programme in São Tomé and Príncipe. The five-year programme will support renewable energy, government financial management and climate policy, as well as capacity building. Components include reinforcing the network around existing thermal power plants, renovating the 1MW Papagaio hydro plant, and hybridising the Santo Amaro thermal plant with a solar PV facility.