$ 210 Million Loan from AfDB to Nigeria!

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$ 210 Million Loan from AfDB to Nigeria!
$ 210 Million Loan from AfDB to Nigeria!

The African Development Bank (AfDB) approved a $ 21 million loan to help Nigeria upgrade its damaged electricity transmission and distribution network.

The Bank said on Friday (November 29th) it will support the construction of four 330 kV dual-circuit transmission lines and substations across the country with a credit to the Transmission Company of Nigeria (TCN).

Nigeria privatized most of the electricity sector in 2013 but did not give up control of the monopoly network operated by TCN. Most of the country’s electricity production is supplied from gas-fired thermal power plants.

CENTER FOR AFRICAN STUDIES

Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.

AFRICA OBSERVATORY

Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.



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