AFDB APPROVED US$161M LOAN FOR TANZANIA KAKONO HYDROPOWER PROJECT
Tanzania government has signed a loan agreement of 161.47 million US dollars (about 374.9bn/-) with the African Development Bank (AfDB), to implement Kakono Hydropower Project (Kakono HPP).
The approximate cost of execution of the Kakono HPP is 325 million US dollars (about 750bn/-).
Speaking during the signing ceremony in Dar …
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