African Development Fund approves $43.6 million for 120 MW Mozambique transmission line project
Mozambique, May 21 -- The Board of Directors of the African Development Bank Group has approved $43.6 million in financing for the construction of the Namaacha-Boane Transmission Line and related electricity infrastructure in Mozambique.The new infrastructure will transmit up to 332 gigawatt-hours of clean wind energy from the future 120 MW Namaacha Wind Farm in the southwestern part of the country to homes and businesses across Mozambique and the wider Southern Africa region.The financing comprises $33.2 million from the African Development Fund and $10.4 million sourced from its Climate Action Window - a dedicated fund supporting 37 low-income African countries with climate-resilient infrastructure to meet commitments under the Paris Agre...
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