AFD lends €230M for electricity, water and sanitation to Tanzania

Three financing agreements have recently been signed between the French Development Agency (AFD) and the Government of Tanzania. The French financial institution is lending 230 million euros to improve access to electricity in rural areas and to support drinking water supply and sanitation services in the Lake Victoria region.

The first concessional loan of 100 million euros is for the national rural electrification programme. The funds will be used to finance the second phase of a project to electrify 90,000 households. AFD financing is also earmarked to finance the construction of several solar power plants with a cumulative capacity of 3 MWp in rural areas.

Read more: Afrik21





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